,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #gbba  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,janu>y #bb1          
#bjbf,mrs4 ,luna introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,inve/m5t ,company ,act ( #aidj to    
prohibit c]ta9 l>ge private funds &     
regi/]$ inve/m5t companies f pur*as+    
s+le family homes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,/opp+ ,wall      
,/reet ,f ,compet+ ,) ,ma9 ,/reet       
,homebuy]s ,act4  #b4 ,re/rictions on   
pur*as+ s+le family homes ,! ,inve/m5t  
,company ,act ( #aidj 7#ae ,u4,s4,c4    
#hj;a-#a et seq47 is am5d$ by ins]t+    
aft] section #ab ! foll[+3  #ab;,a4     
,re/rictions on pur*as+ s+le family     
homes  7a7 ,9 g5]al ,beg9n+ on ! date t 
is #ij days aft] ! date ( ! enactm5t (  
?is section1 a cov]$ fund may n pur*ase 
a s+le family home4  7b7 ,dive/m5t      
requir$  7#a7 ,9 g5]al ,n lat] ?an #aj  
ye>s aft] ! date ( ! enactm5t ( ?is     
section1 a cov]$ fund may n hold        

7includ+ ?r\gh a subsidi>y or p>5t      
company7 any s+le family homes4  7#b7   
,phas$ dive/m5t ,9 ! case ( a cov]$ fund
 t holds s+le family homes on ! date ( !
 enactm5t ( ?is section1 su* fund %all1 
annually = ! #aj-ye> p]iod foll[+ su*   
date ( enactm5t1 dive/ ( at lea/ #aj    
p]c5t ( su* s+le family homes4  7c7     
,def9itions ,9 ?is section3 7#a7 ,cov]$ 
fund ,! t]m cov]$ fund means a regi/]$  
inve/m5t company1 real e/ate inve/m5t   
tru/1 or private fund-- 7,a7 ) m ?an    
#ejj1jjj1jjj 9 assets "u managem5t2 or  
7,b7 t1 dur+ ! #a-ye> p]iod be=e ! date 
( ! enactm5t ( ?is section-- 7i7 own$   
#ajj or m s+le-family homes 9 ! ,unit$  
,/ates2 or  7ii7 pur*as$ m ?an #e       
s+le-family homes 9 ! ,unit$ ,/ates 9 a 
#cj-;day p]iod4  7#b7 ,private fund ,!  
t]m private fund means an issu] t w\ld  
be an inve/m5t company1 b = p>agraph    
7#a7 or 7#g7 ( section #c7;c74  7#c7    
,s+le family home ,! t]m s+le family    
home means a resid5tial /ructure or     
mobile home :i* conta9s "o family h\s+  

unit4  4