The Senate Committee on State Affairs meeting focused primarily on SB1979, which was related to an annual study on single-family home transactions by certain institutional buyers. Senator Hughes presented the bill, moving to adopt a committee substitute which was reported favorably to the full Senate. There were no objections raised during the voting process, and the committee expressed intent to recommend the bill for the local and uncontested calendar. The meeting concluded with no additional business discussed.
Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.