S 1796
HART Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
The Housing Acquisitions Review and Transparency Act (HART Act) modifies how mergers involving residential properties are reviewed under antitrust laws. Specifically, it requires companies to report acquisitions of residential property – defined as homes, apartments, and manufactured housing – to the Federal Trade Commission (FTC) if they occur within a single calendar year. The bill also clarifies definitions related to real estate and short-term lodging, aiming to increase transparency and scrutiny of large residential property acquisitions.
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