Round voting button logo

HB2704

In general provisions relating to corporations and unincorporated associations, further providing for annual report; in entity transactions, further providing for grounds for administrative dissolution or cancellation and for procedure and effect; in foreign associations, further providing for termination of registration; providing for investor ownership of single-family residential property; imposing duties on the Department of State and the Office of Attorney General; and imposing penalties.

Introduced·7/16/26
Introduced Text

Pennsylvania HB2704 regulates investor ownership of single-family residential properties, imposes reporting requirements, and sets penalties for.

HB2704 amends Pennsylvania law to regulate investor ownership of single-family residential properties. It requires entities owning or interested in more than 50 such properties to report this to the Department of State. The bill also mandates a waiting period before investors can acquire such properties and allows for fines and penalties for violations. The Department of State is tasked with maintaining a registry of such properties and entities. Municipalities can request information from this registry and have standing to bring actions against violators.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Housing and Community Development Committee
Next
Committee decision

Sponsors

DDDDDDDDDDDDDDD
15
0
Democratic CaucusRepublican Caucus

History

Jul 16

House

Referred to Housing & Community Development