Stopping Wall Street From Competing With Main Street Homebuyers Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7221 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7221 To amend the Investment Company Act of 1940 to prohibit certain large private funds and registered investment companies from purchasing single family homes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 22, 2026 Mrs. Luna introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Investment Company Act of 1940 to prohibit certain large private funds and registered investment companies from purchasing single family homes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stopping Wall Street From Competing With Main Street Homebuyers Act''. SEC. 2. RESTRICTIONS ON PURCHASING SINGLE FAMILY HOMES. The Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) is amended by inserting after section 12 the following: ``SEC. 1…