Bills › 91st General Assembly
Relating to the purchase of single-family residences by certain business entities
Sponsored by Rep. Sean Bagniewski (D)
Topics:State government
Where it is now
- Done: IntroducedJanuary 29, 2026
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committeeFunnel: by February 20, 2026
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The General Assembly adjourned on October 2, 2026. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill relates to the purchase of single-family homes by certain business entities. The bill defines “private equity entity” and “single-family residence”. The bill prohibits a private equity entity from purchasing, contracting to purchase, or otherwise acquiring a single-family residence during the first days that the residence is listed for sale on the open market. The 75-day period begins on the date the residence is first listed through a multiple listing service, licensed real estate broker, or publicly accessible listing platform.
Read the full explanation
The bill prohibits evasion of this restriction through subsidiaries, affiliates, or agents. The bill also requires a private equity entity to submit a sworn affidavit to the county recorder affirming that the acquisition complies with the 75-day restriction or is otherwise exempt under law. The county recorder is prohibited from recording a deed conveying a single-family residence to a private equity entity unless the affidavit accompanies the deed.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text
Iowa Code it changes
Creates§558.73
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
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