Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.
SB1100 • 2026
Prohibits certain corporations from acquiring residential real estate in this state
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
The plain English breakdown is still being put together. The official documents below are already here.
Second Read and Referred S General Laws Committee
S First Read
Prefiled
The following summaries of this bill are available: Print All Summaries Introduced Print SB 1100 - This act prohibits corporations, as that term is defined in the act, from acquiring, directly or indirectly, any residential real estate in this state. Provisions are included allowing the Attorney General to enforce this act in any circuit court with proper jurisdiction. Exemptions are included to state that banks and other financial institutions are not precluded from offering or issuing mortgages for the acquisition of residential real estate. This act is identical to SB 665 (2025) and similar to SB 683 (2025). SCOTT SVAGERA