2025-2026 Regular Session
SB463
Specialized Land Transactions; business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; prohibit
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
1 roll call are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
March 3, 2026 · Senate
Passage By Substitute: Senate Vote #608
Passed ⭐ Substantive final action
49 yea–3 nay · 1 not voting · 2 absent
Committee referrals
March 4, 2026 · House
Judiciary
February 5, 2026 · Senate
Economic Development and Tourism
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House House Committee Favorably Reported By Substitute
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House House Second Readers
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House House First Readers
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Senate Senate Passed/Adopted By Substitute View roll call
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Senate Senate Third Read
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Senate Senate Read Second Time
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Senate Senate Committee Favorably Reported By Substitute
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Senate Senate Read and Referred
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Senate Senate Hopper