OKLAHOMA CITY – Rep. Mickey Dollens, D-Oklahoma City, passed HB 1064 out of the Banking, Financial Services, and Pensions committee. The measure bans large institutional investors from buying homes within the state.

“People live in homes, not corporations,” said Dollens. “This bill ensures hedge funds and their subsidies are unable to own a single-family residential property. Oklahomans deserve to be protected over corporations.”

The bill now heads to the Government Oversight committee.

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