US SB1796

Requires premerger notification filings under the Clayton Act when a person's residential property acquisitions within a single calendar year collectively meet existing reporting thresholds, treating all annual purchases as a single aggregated acquisition

Removes the existing exemption for real estate transactions when they involve residential property or investment rental property, including real estate investment trusts (REITs), unless the property is solely for personal use by an individual

Covers residential property defined as dwellings including multifamily housing, condominiums, manufactured homes, and single-family homes, but excludes hotels, motels, and other short-term lodging

Directs the Federal Trade Commission and DOJ Antitrust Division to amend federal regulations and issue new rules for reporting requirements on residential property acquisitions to assess potential antitrust violations