Search Results: keywords:"real estate investment trusts"

  • S. 1334 — 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 in Senate
    Words:206

    S. 1334 aims to change the Internal Revenue Code of 1986 by raising the limit on assets that real estate investment trusts (REITs) can hold in their taxable subsidiaries from 20 percent to 25 percent. This amendment is set to be effective for tax years starting after December...

    Simple Explanation

    In this bill, they want to let companies that own lots of buildings, called real estate investment trusts (REITs), put a little more of their money into special companies that have to pay taxes. Right now, they can only put 20 pennies out of every dollar into these companies, but the plan is to let them use 25 pennies instead, starting in about two years.

  • S. 4503 — To prevent exploitative private equity practices, and for other purposes.
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    Status:Introduced in Senate
    Words:6,414

    The proposed bill, titled the "Corporate Crimes Against Health Care Act," aims to address exploitative practices by private equity firms in the healthcare sector. It establishes criminal and civil penalties for actions by certain parties that lead to negative events such as patient harm or...

    Simple Explanation

    The bill is like a big rulebook that wants to stop companies from being unfair and greedy when they take care of people who are sick. It says these companies have to give money back if they cheat or hurt people, and they can't get money from the government if they do bad things, making sure everyone plays fair and tells the truth.

  • S. 4804 — To amend the Public Health Service Act to require the Secretary of Health and Human Services to enforce certain requirements with respect to for-profit corporations that own health care systems, and for other purposes.
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    Status:Introduced in Senate
    Words:10,722

    The Health Over Wealth Act aims to amend the Public Health Service Act by requiring the Secretary of Health and Human Services to enforce transparency and accountability requirements for for-profit corporations and private equity firms involved in owning health care systems....

    Simple Explanation

    The Health Over Wealth Act is like a rulebook for big companies that own hospitals, making them share details about how they work and spend money, so everyone knows what's going on. It also asks these companies to keep some extra money safe to make sure hospitals stay open and help people, even if things get tough.