Bill Commons

VA SB 547

Status unknown

Single-Family Homebuyer Protection Act; established, civil penalty.

Virginia · 2026 Regular Session · upper

Quick answers

Did VA SB 547 pass?

The current status of VA SB 547 is not known from the official record. Latest recorded action (2026-02-04): Passed by indefinitely in General Laws and Technology (9-Y 6-N)

What is VA SB 547 about?

Single-Family Homebuyer Protection Act established; civil penalty. Establishes the Single-Family Homebuyer Protection Act for the purpose of prohibiting a covered entity from acquiring an interest in more than five single-family homes within the same county, city, or town in the Commonwealth on or after July 1, 2026. The bill provides that no seller of a single-family home shall enter into an agreement with a covered entity for acquisition of such home before publicly marketing such home to natural persons residing in the Commonwealth and first-time homebuyers for at least 10 calendar days. The bill allows the Department of Housing and Community Development to publish aggregated information using existing data, including (i) the number and percentage of single-family homes owned by covered entities, broken down by locality, zip code, and census tract, and (ii) identified trends in the concentration of covered entity interests in single-family homes. The bill allows the Attorney General to seek an injunction and a civil penalty to restrain any violation of its provisions.

Who sponsors VA SB 547?

Glen H. Sturtevant, Jr. is the primary sponsor of VA SB 547.

Description

Single-Family Homebuyer Protection Act established; civil penalty. Establishes the Single-Family Homebuyer Protection Act for the purpose of prohibiting a covered entity from acquiring an interest in more than five single-family homes within the same county, city, or town in the Commonwealth on or after July 1, 2026. The bill provides that no seller of a single-family home shall enter into an agreement with a covered entity for acquisition of such home before publicly marketing such home to natural persons residing in the Commonwealth and first-time homebuyers for at least 10 calendar days. The bill allows the Department of Housing and Community Development to publish aggregated information using existing data, including (i) the number and percentage of single-family homes owned by covered entities, broken down by locality, zip code, and census tract, and (ii) identified trends in the concentration of covered entity interests in single-family homes. The bill allows the Attorney General to seek an injunction and a civil penalty to restrain any violation of its provisions.

Introduced
2026-01-14
Latest action
2026-02-04 — Passed by indefinitely in General Laws and Technology (9-Y 6-N)
Bill type
bill
Last updated
—

Sponsors

  • Glen H. Sturtevant, Jr.primary

Committees

Not provided by source.

Action timeline

  1. 2026-01-14

    Prefiled and ordered printed; Offered 01-14-2026 26105174D

    filing,introduction

  2. 2026-01-14

    Referred to Committee on General Laws and Technology

    referral-committee

  3. 2026-01-21

    Assigned GL&T sub: Housing

    referral-committee

  4. 2026-02-02

    Fiscal Impact Statement from Department of Planning and Budget (SB547)

  5. 2026-02-04

    Passed by indefinitely in General Laws and Technology (9-Y 6-N)

    deferral

Versions

Documents

Votes

  • Passed by indefinitely in General Laws and Technology

    2026-02-04 · pass · 9-6

    Member-level votes (15)
    • Adam P. Ebbin: yes
    • Mamie E. Locke: yes
    • Bryce E. Reeves: no
    • Jeremy S. McPike: yes
    • Todd E. Pillion: no
    • Aaron R. Rouse: yes
    • Christopher T. Head: no
    • Emily M. Jordan: no
    • Lashrecse D. Aird: yes
    • Schuyler T. VanValkenburg: yes
    • Danica A. Roem: yes
    • Jennifer D. Carroll Foy: yes
    • Timmy French: no
    • Christie New Craig: no
    • Angelia Williams Graves: yes

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/SB547

Attribution

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

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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