Sec. 70439. Restoration of taxable reit subsidiary asset test
Official source: Public Law 119-21, Section 70439 — 139 Stat. 250.
(a) In General.—
Section 856(c)(4)(B)(ii) is amended by striking “
20 percent
” and inserting “
25 percent
”.
(b) Effective Date.—
The amendment made by this section shall apply to taxable years beginning after December 31, 2025.