Did not become law. It stopped in the Senate's Housing Committee on February 28, 2025. The 2025 session has ended.
2025 Regular Session
Senate Bill 1423
AN ACT ESTABLISHING A TASK FORCE TO STUDY THE REGULATION OF THE CORPORATE ACQUISITION OF RESIDENTIAL PROPERTY.
What it does
The synopsis the General Assembly published with the bill.
To establish a task force to study (1) the impact of the acquisition of residential real property by large corporate entities; (2) the potential issues with requiring separate bidding by large corporate entities at foreclosure auctions; (3) the potential issues with requiring large corporate entities to disclose residential real property ownership; and (4) policies to limit the number of residential real properties that may be acquired or owned by such entities or otherwise regulate such acquisitions and ownership.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
February 27 to February 28, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the SenateFeb 27 to Feb 28 · stopped1 day
Housing CommitteeFeb 27 to Feb 28 · stopped1 day
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the Senate Feb 27 – Feb 28
- Feb 27Introduced and sent to Housing Committee
- Feb 28Heard in Housing Committee
All 2 actions, as published
- Feb 27REF. TO JOINT COMM. ONBoth houses
- Feb 28PUBLIC HEARINGBoth houses