Relating to: prohibiting hedge funds from acquiring single-family homes in this state. (FE)

SB 208 prohibits hedge funds (defined as entities managing $50 million+ in pooled investor funds) from acquiring or owning single-family homes in the state. It specifically targets new acquisitions after the law's effective date, requiring any violation to forfeit the property to the state, enforced by the attorney general. Existing ownership before the effective date is not affected. The bill directly impacts hedge funds meeting its financial and structural criteria, not other investors or property types. It does not alter existing ownership rights but prevents new purchases by covered hedge funds.