Washington · 2025-2026 Biennium (69th Legislature)

Preserving homeownership options by limiting excessive home buying by certain entities.

AN ACT Relating to preserving homeownership options by limiting excessive home buying by certain entities;

E2SSB 5496·Senate·Bill

Rep. Emily AlvaradoState House · LD-34·13 cosponsors

Fiscal noteState YesLocal Yes

Primary sponsor

Emily AlvaradoState House · LD-34

Cosponsors

Tina OrwallState Senate · LD-33

Jessica BatemanState Senate · LD-22

Steve ConwayState Senate · LD-29

Noel FrameState Senate · LD-36

Bob HasegawaState Senate · LD-11

Liz LovelettState Senate · LD-40

T'wina NoblesState Senate · LD-28

Rebecca SaldañaState Senate · LD-37

Derek StanfordState Senate · LD-01

Yasmin TrudeauState Senate · LD-27

Javier ValdezState Senate · LD-46

Lisa WellmanState Senate · LD-41

Claire WilsonState Senate · LD-30

Floor votes

Senate · 3rd Reading & Final Passage · E2SSB 5496Feb 13, 202629–19

Legislative history

Jan 27, 2025

First reading, referred to Housing.

Feb 12, 2025

HSG - Majority; 1st substitute bill be substituted, do pass.

Feb 12, 2025

Minority; do not pass.

Feb 12, 2025

And refer to Ways & Means.

Feb 13, 2025

Referred to Ways & Means.

Feb 28, 2025

WM - Majority; 2nd substitute bill be substituted, do pass.

Feb 28, 2025

Minority; do not pass.

Feb 28, 2025

Minority; without recommendation.

Feb 28, 2025

Passed to Rules Committee for second reading.

Mar 5, 2025

Placed on second reading by Rules Committee.

Mar 17, 2025

Senate Rules "X" file.

Jan 12, 2026

By resolution, reintroduced and retained in present status.

Jan 12, 2026

Rules Committee relieved of further consideration. On motion, referred to Ways & Means.

Feb 3, 2026

WM - Majority; do pass 2nd substitute bill proposed by Ways & Means.

Feb 3, 2026

Minority; do not pass.

Feb 4, 2026

Passed to Rules Committee for second reading.

Feb 10, 2026

Placed on second reading by Rules Committee.

Feb 13, 2026

2nd substitute bill substituted.

Feb 13, 2026

Floor amendment(s) adopted.

Feb 13, 2026

Rules suspended. Placed on Third Reading.

Feb 13, 2026

Third reading, passed; yeas, 29; nays, 19; absent, 0; excused, 1.

Feb 17, 2026

First reading, referred to Housing.

Feb 24, 2026

HOUS - Executive action taken by committee.

Feb 24, 2026

HOUS - Majority; do pass.

Feb 24, 2026

Minority; do not pass.

Feb 24, 2026

Minority; without recommendation.

Feb 25, 2026

Referred to Appropriations.

Mar 2, 2026

APP - Executive action taken by committee.

Mar 2, 2026

APP - Majority; do pass with amendment(s).

Mar 2, 2026

Minority; do not pass.

Mar 2, 2026

Minority; without recommendation.

Mar 2, 2026

Referred to Rules 2 Review.

Mar 4, 2026

Rules Committee relieved of further consideration. Placed on second reading.

Mar 12, 2026

By resolution, returned to Senate Rules Committee for third reading.

Bill text

Original Bill Substitute Bill Second Substitute Engrossed Second Substitute

Amendments

Bill reports

Senate Bill Report (Orig.) — Initial Bill Report 02-05-25 Senate Bill Report — Testimony Added 02-05-25 Senate Bill Report — Reported by HSG 02-12-25 Senate Bill Report — Initial Bill Report 02-26-25 Senate Bill Report — Testimony Added 02-26-25 Senate Bill Report — Reported by WM 02-28-25 Senate Bill Report — Reported by WM 02-03-26 Engrossed Second Substitute Senate Bill Report — Passed Senate 02-13-26 Engrossed Second Substitute House Bill Analysis 2026 — Initial House Analysis 02-23-26 Engrossed Second Substitute House Bill Report — Reported by HOUS 02-24-26 Engrossed Second Substitute House Bill Report — Reported by APP 03-02-26