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

Cost and committee reports

Official records Congress.gov attaches to H.R. 5275.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. KELLY of Pennsylvania, as printed in the Congressional Record (Vol. 169, No. 139, August 25, 2023, Page H4206):
  Article I, Section 8, Clause 1 of the United States Constitution The single subject of this legislation is: To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.
  Source: Congress.gov, Congressional Record August 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  201 characters

  Congress.gov bill record

  H.R. 5275, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5275

  Record last updated by Congress.gov

  October 5, 2024

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  d45d3a0c11ff52a530271c5c1a9f13a1e74ade96302a6b5742e86cf48dbc7c95

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of October 5, 2024). Not every bill gets one.

From the Congress.gov bill record for H.R. 5275, last updated October 5, 2024. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.