SB0242Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 13; Title 47 and Title 66, relative to housing market manipulation.
Introduced by Charlane Oliver, District 19
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Rcvd. from S., held on H. desk.
March 12, 2026
How did lawmakers vote?
SenateStage: FLOOR VOTE: as Amended Third Consideration · March 9, 2026
31
Yes
1
No
0
Absent or Not Voting
32 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 |
|---|---|---|
| Adam Lowe | 1 | Yes |
| Rusty Crowe | 3 | Yes |
| Robert Harshbarger | 4 | Yes |
| Randy McNally | 5 | Yes |
| Becky Massey | 6 | Yes |
| Richard Briggs | 7 | Yes |
| Jessie Seal | 8 | Yes |
| Steve Southerland | 9 | Yes |
| Todd Gardenhire | 10 | Yes |
| Bo Watson | 11 | Yes |
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate State and Local Government Committee
Placed on Senate State and Local Government Committee calendar for 3/18/2025
Action deferred in Senate State and Local Government Committee to first calendar of 2026
Placed on Senate State and Local Government Committee calendar for 3/3/2026
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 1
Sponsor(s) Added.
Placed on Senate Regular Calendar for 3/9/2026
Senate adopted Amendment (Amendment 1 - SA0555)
Passed Senate as amended, Ayes 31, Nays 1
Sponsor(s) Added.
Engrossed; ready for transmission to House
Rcvd. from S., held on H. desk.
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