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Missouri House Bill 2077 Bans Institutional Investors from Purchasing Residential Properties

Original title: INVESTOR PURCHASE OF RESIDENTIAL HOMES

Last action · May 15, 2026: Referred: Emerging Issues(H)Sponsor: Marty Joe Murray

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Beginning August 28, 2026, s owning more than 50 residential properties or managing over $100 million in assets are prohibited from buying single-family homes and small multi-family dwellings in Missouri. Existing institutional owners must their residential properties within three years and submit a divestment plan by March 1. Violators face civil penalties of up to $50,000 per property, property forfeiture, and private civil lawsuits from displaced residents.

Why it matters

Real estate investment firms and hedge funds operating in Missouri must existing residential portfolios and halt future home purchases, altering the pool of competing buyers for single-family homes and small duplexes.

Background
  • House Bill 2077 was introduced during the 2026 Regular Session of the 103rd General Assembly in Missouri by Representative Marty Joe Murray. context
  • The bill was referred to the Emerging Issues committee in the House following its introduction. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Institutional investors

Must cease purchasing covered residential properties in Missouri after August 28, 2026, divest existing holdings within three years, and face potential fines and forfeiture for noncompliance.

Directly affected

Individual owners

Eligible to purchase homes divested by institutional investors or reverted from unlawful transfers.

Directly affected

Community-based entities

Eligible to acquire residential properties divested by institutional investors under Department of Economic Development guidelines.

Directly affected

Displaced residents

Empowered to bring private civil actions in circuit court to seek injunctive relief and actual damages.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who qualifies as an institutional investor under this bill?
An includes hedge funds, private equity firms, real estate investment trusts, corporations, partnerships, or LLCs that own more than 50 residential properties in the United States, or any entity managing assets over $100 million that engages in real estate investment.
Are small landlords and local real estate businesses affected by the ban?
No. Small businesses or local partnerships owning fewer than 50 residential units statewide are explicitly exempt from the restrictions.
What happens to properties currently owned by institutional investors?
Investors holding covered residential properties as of August 28, 2026, must ownership within three years and submit a divestment plan to the Department of Economic Development by March 1 to sell the properties to individual owners or community-based entities.
Can individual residents take legal action if affected by a violation?
Yes. Any resident displaced by a violation can bring a private civil action in circuit court to seek injunctive relief and recover actual damages.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

4 actions
  1. May 15, 2026HouseCommittee
    Referred: Emerging Issues(H)
  2. Jan 8, 2026HouseFloor
    Read Second Time (H)
  3. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  4. Dec 1, 2025HouseIntroduced
    Prefiled (H)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Marty Joe MurrayHouse · District 78SponsorNo profile match

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

State-Level Corporate Real Estate Ban

HB 2077 represents a direct legislative effort to curb corporate landlord control by imposing strict property caps and forced divestment timelines.

Connected Entities

Attorney General's Office, Joseph Engler, Marty Joe Murray and 1 more
OrganizationAttorney General's Office“Office authorized to enforce the section through civil actions and forfeiture pr”Map →
PersonJoseph Engler“Chief Clerk of the House”Map →
PersonMarty Joe Murray“Representative for District 078 who introduced House Bill 2077”Map →
OrganizationDepartment of Economic Development“State department tasked with creating registries, reviewing compliance, and prom”Map →

Sources

Analysis Score

0–100
  • Significance80
    How much this matters to a regular citizen
  • Controversy75
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz60
    Current news / social attention level

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