SB2126

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 13; Title 47; Title 48; Title 61; Title 66 and Title 67, relative to real estate investment trusts.

Failed·4/7/26
Draft Text

Tennessee SB2126 amends state laws to require a report on real estate investment trusts' purchases and sales of single-family homes in 2025.

Tennessee SB2126 amends various state laws to address real estate investment trusts (REITs) that acquire ten or more single-family homes in 2025. The bill defines a REIT as a business entity that qualifies under federal law and purchases or acquires ten or more single-family homes in Tennessee in 2025. It mandates the comptroller of the treasury to compile and submit a report by December 31, 2026, to the governor and legislative leaders.

Included in complete analysis

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

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Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Calendar

Apr 7

1:00 PM

Senate Commerce And Labor Hearing

Mar 10

3:00 PM

Senate Commerce And Labor Hearing

History

Apr 7

Senate

Failed in Senate Commerce and Labor Committee (no second)

Apr 1

Senate

Placed on Senate Commerce and Labor Committee calendar for 4/7/2026

Mar 10

Senate

Action deferred in Senate Commerce and Labor Committee to 3/17/2026