5496-S2.E AMH LOW MORI 381
E2SSB 5496 - H AMD TO APP COMM AMD (H-3763.1/26) 2422
By Representative Low |
NOT CONSIDERED 03/12/2026
On page 1, line 18 of the striking amendment, after "large" strike "investment and"
On page 1, line 21 of the striking amendment, after "(1)" strike "(a)"
On page 1, beginning on line 25 of the striking amendment, strike all of subsection (b)
On page 2, beginning on line 1 of the striking amendment, after "affiliates" strike all material through "means" on line 3 and insert ", including"
On page 2, at the beginning of line 8 of the striking amendment, strike "(c)" and insert "(b)"
Reletter the remaining subsections consecutively and correct any internal references accordingly.
On page 2, at the beginning of line 13 of the striking amendment, strike "and "investment entity" do" and insert "does"
On page 2, line 26 of the striking amendment, after "business" strike "or investment"
| EFFECT: Removes the prohibition against investment entities purchasing, acquiring, or otherwise obtaining an interest in a single-family residential property. Consolidates the definition of "investment entity" into the definition of "business entity."
|
--- END ---