Relating to single-family homes held by corporate owners for rental purposes; requiring information by and registration of certain corporate owners; authorizing a fee and civil penalty.
This bill requires businesses that own multiple single-family homes in Texas for rental purposes to register with the Secretary of State. Businesses must provide details like their name, location, entity type, and number of properties. Non-compliance could result in fees or civil penalties. It applies to corporations, LLCs, real estate investment trusts, and similar entities managing rentals as a business.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2025
Last action Mar 20, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 20, 2025
Committee
Referred to Trade, Workforce & Economic Development
lower
Mar 20, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
James Talarico
DDemocratic
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