Reps. Seek To Ease Foreign Investment In US Real Estate
The congressmen announced the act, which would accompany an existing bill with a similar goal introduced by Sens. Robert Menendez, D-N.J., and Mike Enzi, R-Wyo., in June, during a conference call late Wednesday.
The bill, known as the Real Estate Investment and Jobs Act, would amend the Foreign Investment in Real Property Tax Act of 1980 to allow for increased...
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