5496-S2.E AMH MANJ SERE 250

E2SSB 5496 - H AMD TO APP COMM AMD (H-3763.1/26) 2429

By Representative Manjarrez

NOT CONSIDERED 03/12/2026

On page 3, after line 21 of the striking amendment, insert the following:

"(8) The provisions of subsection (1) of this section do not apply to purchases of single-family residential properties with binding purchase agreements executed prior to the effective date of this section."

EFFECT: Exempts from the ownership limits any purchases of single-family residential properties with binding purchase agreements executed prior to the effective date of the ownership limits.

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