Residential property: transfers: institutional investors.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

SB 880 seeks to set rules for how residential homes can be transferred to institutional investors. The proposal would impact homeowners, renters, and large investment firms by establishing guidelines for these transactions. It is intended to address concerns about housing affordability and market stability.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. (Ayes 36. Noes 0.) Ordered to the Assembly. · May 7, 2026

Hearings

• Judiciary Committee Hearing
  Judiciary · Jun 30, 2026
• Judiciary Committee Hearing
  Judiciary · Jun 30, 2026
• Judiciary Committee Hearing
  Judiciary · Apr 28, 2026

History

1. May 18, 2026Referred to Com. on JUD.
2. May 7, 2026Read third time. Passed. (Ayes 36. Noes 0.) Ordered to the Assembly.
3. May 7, 2026In Assembly. Read first time. Held at Desk.
4. Apr 30, 2026Read second time. Ordered to consent calendar.
5. Apr 29, 2026From committee: Do pass. Ordered to consent calendar. (Ayes 13. Noes 0. Page 4084.) (April 28).
6. Apr 10, 2026Set for hearing April 28.
7. Apr 8, 2026Re-referred to Com. on JUD.
8. Mar 25, 2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
9. Feb 11, 2026Referred to Com. on RLS.
10. Jan 13, 2026From printer. May be acted upon on or after February 12.
11. Jan 12, 2026Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

• Aisha Wahab (D) · sponsor
• Wahab

Bill text

Opens the legislature’s own copy.

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