HB31
Log in to followAN ACT relating to the purchase of single-family homes.
Create new sections of KRS Chapter 367 to define terms; prohibit persons who own 50 or more single-family rental homes in the Commonwealth of Kentucky from purchasing additional single-family homes in the Commonwealth of Kentucky except for use by the person as a residence; limit the purchase restriction to single-family homes that have been advertised for sale for less than 90 days or less than 30 days if the purchaser qualifies as a small business;…
Introduced: January 6, 2026
Last action: January 13, 2026
Plain-language summary
This bill would bar large property owners who already own 50 or more single-family rental homes in Kentucky from buying additional single-family homes, unless they plan to live in the home themselves. The restriction applies when a home has been listed for sale for less than 90 days, or less than 30 days if the buyer qualifies as a small business. Nonprofit corporations would be exempt, and violations would be treated as violations of Kentucky's…
Bill Text Versions
Legislative History
Primary Sponsor
Co-sponsors (5)
