# 118-hr-5275: To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.

118-hr-5275, To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test., is a 118th Congress bill sponsored by Rep. Kelly, Mike [R-PA-16] (R-PA); status Referred to the House Committee on Ways and Means. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/118-hr-5275
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-hr-5275
- Congress: 118
- Title: To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2023-08-25
- Sponsor: Rep. Kelly, Mike [R-PA-16] (R-PA)
- Cosponsors: 33
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.

## Cosponsors (33)

- Rep. Higgins, Brian [D-NY-26] (D-NY), 2023-08-25T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2023-09-26T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2023-09-26T00:00:00.000Z
- Rep. Murphy, Gregory F. [R-NC-3] (R-NC), 2023-09-26T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2023-09-29T00:00:00.000Z
- Rep. Moore, Blake D. [R-UT-1] (R-UT), 2023-11-01T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2023-11-01T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2023-11-08T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2023-11-08T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2023-12-07T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2023-12-07T00:00:00.000Z
- Rep. Schneider, Bradley Scott [D-IL-10] (D-IL), 2023-12-07T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2023-12-07T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2023-12-07T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2023-12-07T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2023-12-07T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2023-12-07T00:00:00.000Z
- Rep. Hern, Kevin [R-OK-1] (R-OK), 2023-12-13T00:00:00.000Z
- Rep. Van Duyne, Beth [R-TX-24] (R-TX), 2023-12-13T00:00:00.000Z
- Rep. Schweikert, David [R-AZ-1] (R-AZ), 2024-01-11T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2024-01-11T00:00:00.000Z
- Rep. Estes, Ron [R-KS-4] (R-KS), 2024-01-11T00:00:00.000Z
- Rep. Feenstra, Randy [R-IA-4] (R-IA), 2024-01-18T00:00:00.000Z
- Rep. Wenstrup, Brad R. [R-OH-2] (R-OH), 2024-01-25T00:00:00.000Z
- Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI), 2024-01-25T00:00:00.000Z
- Rep. Smith, Adrian [R-NE-3] (R-NE), 2024-02-20T00:00:00.000Z
- Rep. Steel, Michelle [R-CA-48] (R-CA), 2024-03-08T00:00:00.000Z
- Rep. Ferguson, A. Drew, IV [R-GA-3] (R-GA), 2024-05-22T00:00:00.000Z
- Rep. Steube, W. Gregory [R-FL-17] (R-FL), 2024-07-24T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2024-08-20T00:00:00.000Z
- Rep. Fischbach, Michelle [R-MN-7] (R-MN), 2024-10-04T00:00:00.000Z
- Rep. Carey, Mike [R-OH-15] (R-OH), 2024-10-04T00:00:00.000Z
- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2024-10-04T00:00:00.000Z

## Related bills

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- 118-hres-771: Standing with Israel as it defends itself against the barbaric war launched by Hamas and other terrorists.
- 118-hr-1097: Everett Alvarez, Jr. Congressional Gold Medal Act of 2023
- 118-hr-2673: American Innovation and R&D Competitiveness Act of 2023
- 118-hr-3238: Affordable Housing Credit Improvement Act of 2023
- 118-hr-4004: United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act

## Sources
- [118-hr-5275 on Congress.gov](https://www.congress.gov/bill/118th-congress/house-bill/5275)

## Related
- [118-hr-2407: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/118-hr-2407)
- [118-hres-771: Standing with Israel as it defends itself against the barbaric war launched by…](https://policyrisk.com/legislation/118-hres-771)
- [118-hr-1097: Everett Alvarez, Jr. Congressional Gold Medal Act of 2023](https://policyrisk.com/legislation/118-hr-1097)
- [118-hr-2673: American Innovation and R&D Competitiveness Act of 2023](https://policyrisk.com/legislation/118-hr-2673)
- [118-hr-3238: Affordable Housing Credit Improvement Act of 2023](https://policyrisk.com/legislation/118-hr-3238)
- [118-hr-4004: United States-Taiwan Initiative on 21st-Century Trade First Agreement Implement…](https://policyrisk.com/legislation/118-hr-4004)
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Source: PRIA, https://policyrisk.com/legislation/118-hr-5275 (as of 2026-10-15).