PROPERTY SALES – Amends and adds to existing law to prohibit the purchase of single-family homes by institutional investors.
Reported Printed and Referred to Business
Summary
The bill would bar corporations, LLCs, partnerships and similar investors from purchasing or controlling single‑family houses after July 1, 2026, and would force any that acquire such homes to sell them within 180 days. It also adds new limits on foreign governments and entities from owning agricultural, forest, water, mining and mineral rights, requiring registration and possible divestiture. The goal is to keep homes and key resources in the hands of Idaho residents.
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