EverResi™ Media is committed to bringing you the most important headlines shaping our industry, including critical housing policy updates. We have created a dedicated category within our blog, The INDEX, to serve as a centralized resource for timely, fact-based insights into federal and state housing developments impacting the Single-Family Rental (SFR) and Build-to-Rent (BTR) sectors.
As housing policy continues to evolve — including recent discussions surrounding Executive Orders and potential exemptions for purpose-built rental communities — clarity matters. This page allows operators, builders, investors, and housing leaders to track updates, understand definitions as they are formalized, and evaluate real-world implications for development, capital formation, and resident outcomes.
Our focus is not political commentary — it is practical analysis grounded in market reality and operational experience.
State Policy Update updated February 12, 2026 11:00am
ARIZONA- NRHC continues to watch seven bills in Arizona, five of which restrict purchase of single family homes by institutional investors or corporate owners. HB 2325, HB 2705, HB 2706, HB 2394, SB 1441 and SB 1442. One bill, HB 2394, moves some residential properties into a commercial class with higher assessment rates and higher tax rates. HB 2325 is scheduled for a hearing on February 17th. Also on February 17th, NRHC is hosting an Arizona Legislative update Zoom. If you want to attend or get more information please reach out to TMcKee@rentalhomecouncil,org.
CALIFORNIA- At this time NRHC is watching one bill, AB 1611, relating to application of Section 1031 to single family rental homes for taxpayers owning more than 50 homes, and one bill HB 1240 that limits ownership of residential properties.
FLORIDA- House Bill 1493 would remove preemption provisions relating to rent control at the municipal and county level. A number of HOA bills are also being carefully watched.
GEORGIA- Two related bills are sitting in Georgia, HB 1017 which prohibits the purchase of single family homes by certain corporate owners, and HB 1047 which provides a Constitutional amendment related to that bill. New bills in Georgia include HB 1055, HR 1103, HR 1244, HB 1010, SB 463, which mostly restrict corporate ownership in varying levels.
HAWAII- In this unusual approach, HB 1732 would provide a residential buyer with the ability to create a voluntary deed restriction in favor of residents who work in Hawaii. A combination of State and corporate funding would purchase deed restrictions from eligible buyers. Also on the list are HB 2200 and HB 2819 which both restrict the purchase of single family homes by certain types of entities.
ILLINOIS- The Corporate Ownership of Residential Property Act would limit corporate ownership of residential properties and require registration and reporting by landlords. HB 4387. New bills now include: HR 5485 amending the Fair Access to Housing Act and would create a waiting period of 75 days before purchase by a covered entity; and SB 3501, the Restock the Block Act which imposes hefty annual fees for covered entities.
IOWA- HB 2207 would limit the purchase of single-family residences by certain business entities.
INDIANA- This bill would limit investor ownership of single-family residences by establishing a 50% FMV tax on entities that acquire and hold residential properties and further limits corporate ownership. HB 1135
KANSAS- Kansas SB 371 which would require a landlord to offer to sell a rental property to the tenant of the property before offering the property for sale to the public.
KENTUCKY- NRHC is watching one bill that would limit corporate ownership. HB 31
MICHIGAN- This bill would create the Single Family Rental Tax and Economics Act, HB 5365, which applies a surtax to bulk transfers, and affects corporate owners.
MISSOURI- In Missouri, NRHC submitted written testimony opposing SB 1001, which would limit corporate ownership. Other bills, SB 920, SB 1100, HB 2167 and HB 2077 similarly preclude an institutional investor from purchasing residential property. Two new bills this week were introduced HR 3167 and HR 3191 that would also prohibit corporate purchases of single-family residences.
MISSISSIPPI- A bill to limit corporate purchases of single family homes was introduced in Mississippi, SB 2870.
NEW JERSEY- There are seven bills relating to corporate ownership limitations in New Jersey, the first four filed were: SB 4615, SB 4943 and SB 3097 and SB 3226. Last week's filed bills include AB 3248, AB 3506, and SB 1516.
OHIO- Senate bill 28, which NRHC is watching, would levy a tax on high-volume landlords.
OKLAHOMA- NRHC is following one bill in the senate, SB 2082 which prohibits single family ownership by institutional investors.
OREGON- The Oregon Legislature fired up last week with the introduction of HB 4128 which restricts covered entitles from purchasing single-family residences unless the residence has been listed for sale to the general public for at least 90 days. The first hearing on this bill was held 2/10/26.
TENNESSEE- Having been active last session on a property tax bill, NRHC continues its efforts as part of the Housing Opportunity Coalition in monitoring that effort. As well, NRHC is tracking HB 1501 which would create a landlord registry for certain types of owners. A hearing on this bill saw it pass out of committee late Wednesday. Stay tuned for updates.
VIRGINIA- DEFEATED! While the Virginia Session is far from over, the three bills NRHC was watching and advocating against have failed/died last week, either through amendment or by failing to move through committee.
OKLAHOMA- NRHC is following one bill in the senate, SB 2082 which prohibits single family ownership by institutional investors.
OREGON- The Oregon Legislature fired up last week with the introduction of HB 4128 which restricts covered entitles from purchasing single-family residences unless the residence has been listed for sale to the general public for at least 90 days. The first hearing on this bill was held 2/10/26.
TENNESSEE- Having been active last session on a property tax bill, NRHC continues its efforts as part of the Housing Opportunity Coalition in monitoring that effort. As well, NRHC is tracking HB 1501 which would create a landlord registry for certain types of owners. A hearing on this bill saw it pass out of committee late Wednesday. Stay tuned for updates.
VIRGINIA- DEFEATED! While the Virginia Session is far from over, the three bills NRHC was watching and advocating against have failed/died last week, either through amendment or by failing to move through committee.
WASHINGTON- NRHC continues to watch companion bills HB 1732/SB 5496 which restrict the purchase of single family residential property by a business entity owning more than 50 single family residential properties. The Senate bill was passed out of the Ways and Means Committee and placed on second reading by the Rules Committee.
Source: The National Rental Home Council