CONGRESS FOR VOTERS

DemocratBill · S. 3961· Senate(119-S-3961)

Stop Post-Disaster Vultures Act

Rep. Schiff
Age: 66 years
California
Introduced
3/2/2026
Last activity
3/2/2026 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsored by
Adam Schiff
Cosponsors
None
Emergency Management
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Stop Post-Disaster Vultures Act," aims to prohibit certain investors from soliciting property owners after a major disaster. It defines an institutional investor as any individual or entity owning at least 75 single-family homes. The legislation would prevent these investors from making offers to purchase property in disaster-affected areas for a period of six months following a major disaster declaration. This prohibition applies to contact made through mail, interstate wires, or any other method.

Yes· 3 of 7

  • Does this give people more protection from unfair business practices?+6

    The bill protects homeowners from aggressive solicitation by large institutional investors during vulnerable recovery periods following a disaster.

  • Would households on low incomes be better off under this?+5

    Preventing institutional acquisition may help lower-income residents retain property ownership after a disaster.

  • Would middle-income households be better off under this?+5

    The bill provides protection against large-scale investor solicitation for middle-class homeowners during disaster recovery.

The opposite

  • Would business owners be better off under this?-4

    Institutional investors defined by the bill will face new restrictions on their ability to acquire residential properties.