WI SB208

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

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

Ownership interests acquired in violation are forfeited to the state, with the Attorney General responsible for enforcement

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