Homes not Hedge Funds Act
Amends TCA Title 13; Title 47 and Title 66.
Tennessee HB0298, titled the "Homes not Hedge Funds Act," prohibits individuals or entities that own 100 or more rental single-family homes in specified counties from purchasing additional single-family homes for non-residential use. The bill affects real estate investors and entities in Sullivan, Sumner, Montgomery, Williamson, Rutherford, Hamilton, Knox, Davidson, and Shelby Counties. Key provisions include civil penalties for violations, the ability for the attorney general or aggrieved individuals to bring civil actions, and the potential for courts to impose damages and equitable relief.
Tennessee HB0298, titled the "Homes not Hedge Funds Act," prohibits individuals or entities that own 100 or more rental single-family homes in specified counties from purchasing additional single-family homes for non-residential use. The bill affects real estate investors and entities in Sullivan, Sumner, Montgomery, Williamson, Rutherford, Hamilton, Knox, Davidson, and Shelby Counties. Key provisions include civil penalties for violations, the ability for the attorney general or aggrieved individuals to bring civil actions, and the potential for courts to impose damages and equitable relief.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records
Behn, Aftyn
114th General Assembly
January 22, 2025
March 11, 2026
Failed for lack of second in: Cities & Counties Subcommittee