IV 
111TH CONGRESS 
2D SESSION 
H. RES. 1595 
Recognizing the 50th anniversary of the passage of legislation that created 
real estate investment trusts (REITs) and gave millions of Americans 
new investment opportunities that helped them build a solid foundation 
for retirement security and has contributed to the overall strength of 
our economy. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 30, 2010 
Mr. LEVIN (for himself, Mr. CAMP, Mr. STARK, Mr. HERGER, Mr. LEWIS of 
Georgia, Mr. SAM JOHNSON of Texas, Mr. NEAL of Massachusetts, Mr. 
BRADY of Texas, Mr. TANNER, Mr. CANTOR, Mr. POMEROY, Mr. LIN-
DER, Mr. BLUMENAUER, Mr. TIBERI, Mr. KIND, Mr. DAVIS of Kentucky, 
Mr. PASCRELL, Mr. REICHERT, Ms. BERKLEY, Mr. BOUSTANY, Mr. 
CROWLEY, Mr. HELLER, Mr. VAN
HOLLEN, Mr. ROSKAM, Ms. 
SCHWARTZ, Mr. DAVIS of Illinois, and Ms. LINDA T. SA´NCHEZ of Cali-
fornia) submitted the following resolution; which was referred to the 
Committee on Ways and Means 
RESOLUTION 
Recognizing the 50th anniversary of the passage of legisla-
tion that created real estate investment trusts (REITs) 
and gave millions of Americans new investment opportu-
nities that helped them build a solid foundation for re-
tirement security and has contributed to the overall 
strength of our economy. 
Whereas, on September 14, 1960, President Dwight D. Ei-
senhower signed into law tax legislation enabling real es-
tate investment trusts (hereinafter referred to as 
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•HRES 1595 IH 
‘‘REITs’’) to be established throughout the United States 
under regulations set by the Federal Government; 
Whereas the passage of this legislation enabled REITs to 
provide all investors with the same opportunity to invest 
in large-scale commercial real estate that previously was 
open only to large financial institutions and wealthy indi-
viduals through direct investment in such real estate; 
Whereas REITs have placed within the reach of the average 
American investor large-scale commercial real estate in-
vestment through publicly traded, regulated securities, 
which provide investors with transparency and liquidity; 
Whereas REITs, by expanding the opportunity to invest in 
commercial real estate, a separate and distinct asset class 
important to the creation of balanced investment port-
folios, have enabled millions of Americans to gain the 
benefits of dividend-based income, portfolio diversification 
and improved overall investment performance; 
Whereas REITs have helped millions of Americans success-
fully invest for their retirement security over the past 
half-century; and 
Whereas September 14, 2010, will mark the 50th anniversary 
of the legislation that created this REIT investment op-
portunity: Now, therefore, be it 
Resolved, That the United States House of Rep-
resentatives recognizes the 50th anniversary of the pas-
sage of the legislation that created real estate investment 
trusts (REITs) and the enhanced opportunities for invest-
ment and retirement security that have been afforded to 
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Americans from all walks of life as a result of this land-
mark legislation. 
Æ 
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