AB-1869: REIT Management Duties

16 hours ago
1 min read

UPDATE: This legislation was amended in Assembly on 4-14-26.

AB-1869 was introduced by Assembly Member Haney on 2-12-26.

This bill clarifies that income received from direct or indirect operation or management of a lodging facility is not permissible tenant service income as defined by the IRS Code for REITS.

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