SB391Introduced in the Senate
Revises provisions relating to real property. (BDR 10-84)
Introduced by Dina Neal, District 4
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
AN ACT relating to real property; limiting, with certain exceptions, the total aggregate number of units of residential real property in this State that may be purchased in any 1 calendar year by certain corporate investors; requiring, with certain exceptions, certain corporate investors in residential real property in this State to register with the Securities Division of the Office of the Secretary of State each time before purchasing a unit of residential real property; authorizing the Attorney General to bring certain actions; requiring the Secretary of State to establish requirements for the form and contents of an instrument that creates a life estate; prohibiting a county recorder from recording certain deeds and documents under certain circumstances; and providing other matters properly relating thereto.
Where it stands
(No further action taken.)
June 3, 2025
How did lawmakers vote?
SenateStage: Senate Final Passage · May 27, 2025
13
Yes
8
No
0
Absent or Not Voting
21 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Michelee Cruz-Crawford | 1 | Yes |
| Edgar Flores | 2 | Yes |
| Rochelle Nguyen | 3 | Yes |
| Dina Neal | 4 | Yes |
| Carrie Ann Buck | 5 | No |
| Nicole Cannizzaro | 6 | Yes |
| Roberta Lange | 7 | Yes |
| Marilyn Dondero Loop | 8 | Yes |
| Melanie Scheible | 9 | Yes |
| Fabian Donate | 10 | Yes |
Bill history
Read first time. Referred to Committee on Judiciary. To printer.
From printer. To committee.
From committee: Amend, and do pass as amended.
Placed on Second Reading File.
Read second time. Amended. (Amend. No. 257.)
Notice of eligibility for exemption.
Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
From printer. To engrossment. Engrossed. First reprint.
To committee.
From committee: Amend, and do pass as amended.
Placed on General File.
Taken from General File. Placed on General File for next legislative day.
Read third time. Amended. (Amend. No. 783.)
Reprinting dispensed with.
Read third time. Lost. (Yeas: 13, Nays: 8.)
Action reconsidered.
Taken from General File.
To printer.
From printer. To re-engrossment. Re-engrossed. Second reprint. To Secretary's desk.
(No further action taken.)
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