A bill to amend the Internal Revenue Code of 1986 to increase the percentage limitation on assets of real estate investment trusts which may be held in taxable REIT subsidiaries.

S. 1334119th Congress

A bill to amend the Internal Revenue Code of 1986 to increase the percentage limitation on assets of real estate investment trusts which may be held in taxable REIT subsidiaries.

Introduced in the SenateSen. Thomas Tillis (R-NC)2 sections · 1 min read

Version: is · Apr 20, 2026

(a) In general

Section 856(c)(4)(B)(ii) of the Internal Revenue Code of 1986 is amended by striking 20 percent and inserting 25 percent.

(b) Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2025.

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