A bill to amend the Sherman Act to prohibit certain entities from purchasing residential real estate, and for other purposes.

# Bill Summary: S 3937 - Residential Real Estate Purchase Restrictions **What the Bill Would Do** This bill would amend the Sherman Act (a major antitrust law) to restrict certain types of entities from buying residential homes. While the specific entities aren't detailed in this summary, such legislation typically targets large corporations, investment firms, or institutional investors that purchase single-family homes in bulk. The goal would be to limit corporate ownership of residential properties and keep more homes available for individual buyers and owner-occupants. **Who It Affects** The bill would impact large real estate investors and corporations that purchase homes as investment properties, as well as homebuyers and renters competing for affordable housing in their local markets.

Communities experiencing rising home prices and corporate-driven rental markets would be most directly affected. **Current Status** S 3937 is currently in committee, meaning it has been introduced but has not yet advanced to a full Senate vote. The bill was sponsored by Senator Josh Hawley (R-MO). At this stage, it remains in the early legislative process and would need committee approval and further action to move forward.