arrow_back Back to App

Foreign Property Ownership Transparency: Study and Recommendations

This act aims to study how foreign purchases of residential real estate affect housing affordability in the U.S. The government will collect data on who is buying, how, and where, to better understand the situation. Citizens can expect that the results of this study will inform future housing market decisions, potentially impacting home prices and availability.
Key points
A comprehensive study will be conducted on foreign purchases of residential real estate in the U.S. since 2015.
The study will assess the impact of these purchases on housing affordability for U.S. citizens and transaction transparency.
The Department of Housing and Urban Development (HUD) will prepare recommendations to improve transparency and protect access to real estate for U.S. residents.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2573
Sponsor: Sen. Blackburn, Marsha [R-TN]
Process start date: 2025-07-31
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Foreign Property Ownership Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2573.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-31.

What are the main provisions?

Key points include:

  • A comprehensive study will be conducted on foreign purchases of residential real estate in the U.S. since 2015.
  • The study will assess the impact of these purchases on housing affordability for U.S. citizens and transaction transparency.
  • The Department of Housing and Urban Development (HUD) will prepare recommendations to improve transparency and protect access to real estate for U.S. residents.
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. Blackburn, Marsha [R-TN].

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 2025-12-23.

CATEGORIES

Real Estate Economy Security