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Increased Antitrust Review for Corporate Residential Property Acquisitions.

This Act introduces new transparency and antitrust review requirements for large entities acquiring residential properties, including single-family homes and rental units. The goal is to prevent market dominance by corporate investors who purchase housing in bulk, which can impact housing availability and affordability for everyday citizens. It mandates that investors aggregate all residential property purchases made within a calendar year and report them as a single transaction for federal review.
Key points
Large investment firms must report all residential property acquisitions (homes, apartments, REITs) made within a calendar year to federal antitrust authorities.
The law aims to allow the government to check if bulk corporate buying of housing violates competition laws or harms the housing market.
The standard exemption from antitrust review is removed for transactions involving residential or investment rental property, increasing scrutiny.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_S_1796
Sponsor: Sen. Klobuchar, Amy [D-MN]
Process start date: 2025-05-15
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HART Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1796.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-15.

What are the main provisions?

Key points include:

  • Large investment firms must report all residential property acquisitions (homes, apartments, REITs) made within a calendar year to federal antitrust authorities.
  • The law aims to allow the government to check if bulk corporate buying of housing violates competition laws or harms the housing market.
  • The standard exemption from antitrust review is removed for transactions involving residential or investment rental property, increasing scrutiny.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Klobuchar, Amy [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Real Estate Economy