Tennessee · 114
SB 242
Housing - As introduced, enacts the "Homes not Hedge Funds Act"; prohibits certain business entities from purchasing more than 100 single-family homes in certain counties in this state for purposes of renting the purchased properties; establishes a state and private cause of action and establishes damages for violations. - Amends TCA Title 13; Title 47 and Title 66.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
Tennessee SB 242, titled the 'Homes not Hedge Funds Act,' prohibits certain business entities from purchasing more than 100 single-family homes in specific counties for rental purposes. The bill amends TCA Titles 13, 47, and 66 to establish state and private causes of action along with damages for violations.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors
- Charlane Oliver Democratic lead
Roll-call votes on this bill
| Question | Chamber | Result | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|
| FLOOR VOTE: as Amended Third Consideration 3/9/2026 Passed (1) | upper | pass | 0 | 0 | 0 | Mar 9, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with… | upper | pass | 0 | 0 | 1 | Mar 3, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |