summary
Introduced
06/20/2024
06/20/2024
In Committee
06/20/2024
06/20/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to modify the premerger notification requirements under the Clayton Act with respect to certain acquisitions of residential property, and for other purposes.
AI Summary
This bill, the Housing Acquisitions Review and Transparency Act (HART Act), modifies the premerger notification requirements under the Clayton Act to require the reporting of certain acquisitions of residential property, including multifamily housing, condominiums, and single-family homes, but excluding short-term lodging. The bill defines "residential property" and "investment rental property" and requires the Federal Trade Commission and Department of Justice to amend regulations and issue rules to implement the new reporting requirements for these types of property transactions, in order to enable antitrust reviews.
Committee Categories
Justice
Sponsors (9)
Amy Klobuchar (D)*,
Sherrod Brown (D),
Mazie Hirono (D),
Jeff Merkley (D),
Bernie Sanders (I),
Tina Smith (D),
Chris Van Hollen (D),
Elizabeth Warren (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on the Judiciary. (on 06/20/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Corporate Management
Community Development and Housing Issues
- ‐ Housing and Real Estate Finance
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/4620/all-info | 06/21/2024 |
| BillText | https://www.congress.gov/118/bills/s4620/BILLS-118s4620is.pdf | 08/10/2024 |
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