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TX HB2334

Bill

Official Source

Status

Introduced

2/3/2025

Primary Sponsor

Gina Hinojosa

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Prohibits investment firms (corporations or trusts that invest pooled capital in financial securities) from entering into contracts to purchase single-family homes until at least 30 days after the home is listed for sale

  • Allows sellers to void any contract that violates the 30-day waiting period at any time before the contract is fully executed

  • Applies only to executory contracts entered into on or after the effective date

  • Takes effect September 1, 2025

Legislative Description

Relating to restrictions on the purchase of a single-family home by an investment firm.

Property Interests

Last Action

Referred to Trade, Workforce & Economic Development

3/14/2025

Committee Referrals

Trade, Workforce & Economic Development3/14/2025

Full Bill Text

No bill text available