SB 242 Passed First Chamber
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.
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Mar 12, 2026 · House
Rcvd. from S., held on H. desk.
Mar 9, 2026 · House
Engrossed; ready for transmission to House
Mar 9, 2026 · House
Sponsor(s) Added.
Mar 9, 2026 · Senate
Passed Senate as amended, Ayes 31, Nays 1
Mar 9, 2026 · House
Senate adopted Amendment (Amendment 1 - SA0555)
Mar 6, 2026 · House
Placed on Senate Regular Calendar for 3/9/2026
Mar 4, 2026 · House
Sponsor(s) Added.
Mar 3, 2026 · Senate
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1
Feb 24, 2026 · House
Placed on Senate State and Local Government Committee calendar for 3/3/2026
Mar 18, 2025 · House
Action deferred in Senate State and Local Government Committee to first calendar of 2026
Mar 11, 2025 · House
Placed on Senate State and Local Government Committee calendar for 3/18/2025
Feb 10, 2025 · Senate
Passed on Second Consideration, refer to Senate State and Local Government Committee
Jan 27, 2025 · House
Introduced, Passed on First Consideration
Jan 22, 2025 · House
Filed for introduction