# 119-s-1334: 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.

119-s-1334, 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., is a 119th Congress bill sponsored by Sen. Tillis, Thomas [R-NC] (R-NC); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-1334
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1334
- Congress: 119
- Title: 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.
- Status: introduced
- Introduced: 2025-04-08
- Sponsor: Sen. Tillis, Thomas [R-NC] (R-NC)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Raises the maximum share of a REIT's assets that can be placed in taxable REIT subsidiaries from 20% to 25%.** The bill would amend Internal Revenue Code section 856(c)(4)(B)(ii) to replace the current 20 percent threshold with a 25 percent threshold, allowing a real estate investment trust to hold up to a quarter of its assets in taxable REIT subsidiaries. The change would apply to taxable years beginning after December 31, 2025. The bill makes no other changes to the Internal Revenue Code.

## Cosponsors (1)

- Sen. Warnock, Raphael G. [D-GA] (D-GA), 2025-04-08T00:00:00.000Z

## Provisions PRIA read

- Higher REIT asset limit for investors: benefit, low. This bill would let real estate investment trusts (REITs) hold more assets in taxable subsidiaries. It would raise the cap from 20% to 25%. The change would apply to tax years beginning after December 31, 2025 (so starting in 2026). If enacted, REITs and their investors could move a larger share of…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-1246: FEMA Independence Act of 2025
- 119-s-2709: Telehealth Modernization Act
- 119-s-1552: Living Donor Protection Act of 2025

## Sources
- [119-s-1334 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1334)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-1246: FEMA Independence Act of 2025](https://policyrisk.com/legislation/119-s-1246)
- [119-s-2709: Telehealth Modernization Act](https://policyrisk.com/legislation/119-s-2709)
- [119-s-1552: Living Donor Protection Act of 2025](https://policyrisk.com/legislation/119-s-1552)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1334 (as of 2025-12-21).