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IntroducedFeb 26, 2025
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Passed Senate
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Passed House
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Signed into Law
AN ACT RELATING TO PROPERTY -- CAPACITY TO HOLD REAL ESTATE (Precludes any legal entity from possessing, controlling or otherwise claiming legal title to real property exceeding an aggregate value of twenty-five million dollars ($25,000,000) in single-family dwellings or multi-family dwellings.)
Last Action See all actions
Senate • Apr 03, 2025: 04/03/2025 Committee recommended measure be held for further study
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on SB 489
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Actions
- Apr 03, 2025 | Senate
- 04/03/2025 Committee recommended measure be held for further study
- Mar 28, 2025 | Senate
- 03/28/2025 Scheduled for hearing and/or consideration (04/03/2025)
- Feb 26, 2025 | Senate
- 02/26/2025 Introduced, referred to Senate Housing and Municipal Government
Bill Texts