Taxation: other; SFR tax and economics act; create. Creates new act. TIE BAR WITH: HB 5367'25

HB 5365, the "SFR Tax and Economics Act," imposes a surtax on large investors (entities owning 50+ single-family homes) for acquiring, selling, or holding properties. It requires certified entities (like community land trusts or MSHDA-approved groups) to implement 15-year affordability covenants limiting rent/sale prices to 30-80% of local median income. The bill affects large real estate investors and entities receiving state benefits related to single-family homes, mandating reporting and compliance. Proceeds from surtaxes fund affordable housing initiatives, while exemptions apply to qualifying "mission buyers" like public housing agencies.