WI AB213

Prohibits hedge funds from acquiring or owning, in whole or in part, any single-family home in Wisconsin

Defines "hedge fund" as an entity that manages pooled investor funds as a fiduciary, has $50 million or more in net value or assets under management, and is not a 501(c)(3) tax-exempt nonprofit organization

Ownership interests in single-family homes acquired in violation are forfeited to the state

Attorney General is responsible for enforcing the prohibition

Applies only to acquisitions made on or after the effective date; properties already owned by hedge funds before that date are not subject to forfeiture