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SB 242 Rcvd

Housing - As introduced, enacts the "Homes not Hedge Funds Act"; prohibits certain business entities from purchasing more than 100 single-family homes in certain counties in this state for purposes of renting the purchased properties; establishes a state and private cause of action and establishes damages for violations. - Amends TCA Title 13; Title 47 and Title 66.

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Legislative Timeline

14 actions
  1. Mar 12, 2026 lower
    Rcvd. from S., held on H. desk.
  2. Mar 9, 2026 lower
    Senate adopted Amendment (Amendment 1 - SA0555)
  3. Mar 9, 2026 upper
    Passed Senate as amended, Ayes 31, Nays 1
  4. Mar 9, 2026 lower
    Sponsor(s) Added.
  5. Mar 9, 2026 lower
    Engrossed; ready for transmission to House
  6. Mar 6, 2026 lower
    Placed on Senate Regular Calendar for 3/9/2026
  7. Mar 4, 2026 lower
    Sponsor(s) Added.
  8. Mar 3, 2026 upper
    Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1
  9. Feb 24, 2026 lower
    Placed on Senate State and Local Government Committee calendar for 3/3/2026
  10. Mar 18, 2025 lower
    Action deferred in Senate State and Local Government Committee to first calendar of 2026
  11. Mar 11, 2025 lower
    Placed on Senate State and Local Government Committee calendar for 3/18/2025
  12. Feb 10, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  13. Jan 27, 2025 lower
    Introduced, Passed on First Consideration
  14. Jan 22, 2025 lower
    Filed for introduction
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