SB463Introduced in the Senate
Specialized Land Transactions; business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; prohibit
Introduced by Greg Dolezal, District 27
What does this bill do?
Plain-English breakdown
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Official description
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Where it stands
House Committee Favorably Reported By Substitute
March 27, 2026
How did lawmakers vote?
SenateStage: Passage By Substitute: Senate Vote #608 · March 3, 2026
49
Yes
3
No
3
Absent or Not Voting
55 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Ben Watson | 1 | Yes |
| Derek Mallow | 2 | Yes |
| Mike Hodges | 3 | No |
| Billy Hickman | 4 | Yes |
| Sheikh Rahman | 5 | Yes |
| Matt Brass | 6 | Yes |
| Nabilah Islam Parkes | 7 | Yes |
| Russ Goodman | 8 | Yes |
| Nikki Merritt | 9 | Yes |
| Emanuel Jones | 10 | Yes |
Bill history
Senate Hopper
Senate Read and Referred
Senate Committee Favorably Reported By Substitute
Senate Read Second Time
Senate Third Read
Senate Passed/Adopted By Substitute
House First Readers
House Second Readers
House Committee Favorably Reported By Substitute
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