Bill Commons

TN SB 242

died on adjournment

Housing - As introduced, enacts the "Homes not Hedge Funds Act"; prohibits certain business entities from purchasing more than 100 single-family homes in certain counties in this state for purposes of renting the purchased properties; establishes a state and private cause of action and establishes damages for violations. - Amends TCA Title 13; Title 47 and Title 66.

Tennessee · 114S1 · upper

Quick answers

Did TN SB 242 pass?

No. TN SB 242 died when the 114S1 session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-03-12): Rcvd. from S., held on H. desk.

What is TN SB 242 about?

TN SB 242 is a bill in the 114S1 titled “Housing - As introduced, enacts the "Homes not Hedge Funds Act"; prohibits certain business entities from purchasing more than 100 single-family homes in certain counties in this state for purposes of renting the purchased properties; establishes a state and private cause of action and establishes damages for violations. - Amends TCA Title 13; Title 47 and Title 66.”.

Who sponsors TN SB 242?

Oliver is the primary sponsor of TN SB 242.

Introduced
2025-01-27
Latest action
2026-03-12 — Rcvd. from S., held on H. desk.
Bill type
bill
Last updated

Subjects

Sponsors

  • Oliverprimary

Committees

Not provided by source.

Action timeline

  1. 2025-01-22

    Filed for introduction

    filing

  2. 2025-01-27

    Introduced, Passed on First Consideration

    introduction

  3. 2025-02-10

    Passed on Second Consideration, refer to Senate State and Local Government Committee

    referral-committee

  4. 2025-03-11

    Placed on Senate State and Local Government Committee calendar for 3/18/2025

  5. 2025-03-18

    Action deferred in Senate State and Local Government Committee to first calendar of 2026

  6. 2026-02-24

    Placed on Senate State and Local Government Committee calendar for 3/3/2026

  7. 2026-03-03

    Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1

  8. 2026-03-04

    Sponsor(s) Added.

    sponsorship

  9. 2026-03-06

    Placed on Senate Regular Calendar for 3/9/2026

  10. 2026-03-09

    Engrossed; ready for transmission to House

    receipt

  11. 2026-03-09

    Sponsor(s) Added.

    sponsorship

  12. 2026-03-09

    Passed Senate as amended, Ayes 31, Nays 1

    passage

  13. 2026-03-09

    Senate adopted Amendment (Amendment 1 - SA0555)

  14. 2026-03-12

    Rcvd. from S., held on H. desk.

Versions

Documents

Votes

  • SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1 3/3/2026 Passed

    2026-03-03 · pass · 7-0

    Member-level votes (1)
    • Roberts: not voting
  • FLOOR VOTE: as Amended Third Consideration 3/9/2026 Passed (1)

    2026-03-09 · pass · 31-1

Related bills

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z

Inspect retained evidence for changes recorded after evidence tracking began:

Session-wide evidence can include changes to other bills:

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