Plain English Breakdown
The official status indicates the bill passed both chambers, but no effective date is listed in the metadata or summary.
Neighborhood Ownership, Transparency, and Accountability (NOTA) Act
This bill prohibits certain entities from owning 25 or more single-family homes in Georgia and sets rules for reporting information to the Secretary of State.
What This Bill Does
- Prohibits certain entities from owning 25 or more single-family homes at one time.
- Requires owners to file specific information with the Secretary of State.
- Provides authority for inspections related to property compliance.
- Allows the Attorney General to take legal action to enforce these rules.
- Gives private individuals the right to sue if they are harmed by violations.
Who It Names or Affects
- Entities that own single-family homes in Georgia
- The Secretary of State's office
Limits and Unknowns
- The bill text does not list the exact types of entities banned from owning large numbers of homes.
- No specific effective date is listed in the provided source material.
- Details about how inspections are scheduled or conducted are not included.