Bill Commons

VA HB 202

in committee

Single-family-homes; prohibited acquisition, civil penalty.

Virginia · 2026 Regular Session · lower

Description

Prohibited acquisition of single-family homes; affidavit; civil penalty. Restricts any partnership, corporation, or real estate investment trust that manages funds pooled from investors, is a fiduciary to such investors, has net value or assets under management on any day during a taxable year, and holds an interest in more than 50 single-family homes from acquiring any interest in any other single-family home, as defined in the bill to include manufactured home parks and residential single-family homes split into multiple dwellings, on or after July 1, 2026. The bill also requires an offering purchaser of a manufactured home park to provide a notarized affidavit certifying that the purchaser is not prohibited from acquiring such an interest. Any false statements on such affidavit is subject to a civil penalty of up to $10,000 per occurrence.

Introduced
2026-01-07
Status date
Latest action
2026-02-18 — Left in Committee Courts of Justice
Bill type
bill
Last updated

Sponsors

  • Timothy P. Griffinprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-07

    Prefiled and ordered printed; Offered 01-14-2026 26100172D

    filing,introduction

  2. 2026-01-07

    Referred to Committee for Courts of Justice

    referral-committee

  3. 2026-01-22

    Assigned HCJ sub: Civil

    referral-committee

  4. 2026-01-26

    Fiscal Impact Statement from Department of Planning and Budget (HB202)

  5. 2026-01-30

    Subcommittee recommends striking from the docket (7-Y 0-N)

  6. 2026-02-18

    Left in Committee Courts of Justice

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Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

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