Relating to single-family homes held by corporate owners for rental purposes; providing a civil penalty.
SB 443 requires the state to annually collect and report data on corporate owners of single-family rental homes. It mandates compiling specific information including the number of homes owned, purchased, sold, or rented by corporations, their locations, property values, and corporate details. The report, due by June 1 each year, must analyze trends in corporate home purchases, corporate advantages in real estate, and impacts on housing costs. This data collection applies to all corporate owners of single-family homes used for rental purposes across Texas. The bill focuses on transparency and analysis rather than imposing immediate penalties, as the "civil penalty" provision referenced in the title is not detailed in the provided text.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 21, 2024
Last action Feb 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 3, 2025
Committee
Referred to State Affairs
upper
Feb 3, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chuy Hinojosa
DDemocratic
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