GA SB463 | 2025-2026 | Regular Session

Status

Sponsorship: Partisan Bill (Republican 20)
Status: Engrossed on March 3 2026 - 50% progression, died in chamber
Action: 2026-03-27 - House Committee Favorably Reported By Substitute
Text: Latest bill text (Comm Sub) [PDF]

Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Specialized Land Transactions; business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; prohibit

Sponsors


Roll Calls

2026-03-03 - Senate - Passage By Substitute: Senate Vote #608 (Y: 49 N: 3 NV: 1 Abs: 2) [PASS]

History

DateChamberAction
2026-03-27HouseHouse Committee Favorably Reported By Substitute
2026-03-06HouseHouse Second Readers
2026-03-04HouseHouse First Readers
2026-03-03SenateSenate Passed/Adopted By Substitute
2026-03-03SenateSenate Third Read
2026-02-18SenateSenate Read Second Time
2026-02-17SenateSenate Committee Favorably Reported By Substitute
2026-02-05SenateSenate Read and Referred
2026-02-04SenateSenate Hopper

Georgia State Sources


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