Amendment · S.Amdt. 4325· Senate(119-SAMDT-4325)

S.Amdt. 4325

Age: 66 years

California

Introduced: 3/4/2026
Sponsored by: Adam Schiff
Cosponsors: None

Changes bill: 119-HR-6644 — 21st Century ROAD to Housing Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

SA 4325, submitted by Mr. Schiff, aims to change the Robert T. Stafford Disaster Relief and Emergency Assistance Act by adding a new section that prohibits institutional investors from soliciting properties after a major disaster.

The amendment adds the following:

Definition of Institutional Investor: An individual or entity that owns 75 or more single-family homes, either directly or indirectly, in any taxable year.
The Prohibition: For 6 months after a major disaster is declared, these investors cannot offer to buy any property, home, lot, or parcel in the affected area. This includes contact made via:
- Mail or interstate wire.
- Any other method of contact or solicitation.
Severability: If any part of this section is found to be unconstitutional, the rest of the section still applies to other people or circumstances.