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DE SR13

Resolution

Status

Engrossed

6/25/2025

Primary Sponsor

Russ Huxtable

Click for details

Origin

Senate

153rd General Assembly

AI Summary

  • Directs the Delaware Department of Finance to produce a report on business entities (LLCs, corporations, private equity firms) purchasing residential housing in the state over the past five years

  • Report must include the total number and value of residential sales, whether purchasers were business entities or individuals, housing type, and county location of each sale

  • Requires recommendations for streamlining future data collection and public availability of this information

  • Department of Finance must collaborate with counties and other relevant stakeholders to prepare the report

  • Report deadline is December 31, 2025, to be submitted to the Senate President Pro Tempore and Secretary of the Senate

Legislative Description

Directing The Department Of Finance To Prepare A Report On Entities Buying Delawares Housing Stock.

Last Action

Passed By Senate. Votes: 21 YES

6/25/2025

Full Bill Text

No bill text available