Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3967 prohibits out-of-state corporations, hedge funds, and institutional investors from purchasing single-family homesteads in Texas. This restriction applies to businesses that are headquartered, owned, or controlled outside of Texas. Nonprofits that provide affordable housing are exempt from the prohibition. The bill aims to prevent real estate speculation by large investors and preserve homeownership opportunities for Texas residents.
Author (1)
Contact the Author
Rep. Diego Bernal
Capitol Phone:
(512) 463-0532
Capitol Office:
CAP 4N.6
E-Mail:
