AN ACT PROVIDING MUNICIPALITIES WITH GUIDANCE ON ADDRESSING LARGE-SCALE CORPORATE ACQUISITIONS OF RESIDENTIAL PROPERTIES.

HB 6112 requires the state Department of Housing to provide municipalities with guidance on addressing large corporate purchases of residential homes. This bill directly affects local governments (municipalities) seeking to manage housing markets impacted by corporate acquisitions. The key mechanism is the creation of state-provided guidance documents to help communities maintain affordable housing, protect local homebuyers, and prevent corporate entities from destabilizing neighborhoods. The bill focuses on enabling local action through state support, not imposing new regulations on corporations.