# 119-s-2573: Foreign Property Ownership Transparency Act

119-s-2573, Foreign Property Ownership Transparency Act, is a 119th Congress bill sponsored by Sen. Blackburn, Marsha [R-TN] (R-TN); status introduced (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-2573
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2573
- Congress: 119
- Title: Foreign Property Ownership Transparency Act
- Status: introduced
- Introduced: 2025-07-31
- Sponsor: Sen. Blackburn, Marsha [R-TN] (R-TN)
- Cosponsors: 0
- Policy area: International Affairs
- Touches household money: no
- Last recorded action: 2026-04-21

## Summary

**This bill would push for greater transparency on foreign ownership of U.S. residential real estate** and study how those purchases affect housing affordability and national security. It directs a federal study of purchases since January 1, 2015, and a HUD review that would lead to recommendations for improving transparency and protecting U.S. residents' access to housing. - Residents and families: The Comptroller General would analyze the volume and geographic concentration of foreign home purchases since 2015 and evaluate implications for housing affordability and availability for U.S. residents. - Policymakers and local housing authorities: The Secretary of Housing and Urban Development would review the study, consult state and local housing officials, and deliver recommendations to Congress within 180 days on transparency measures and actions to protect U.S. buyers. - Federal oversight and security officials: The study would examine ownership structures such as shell companies and trusts and assess proximity of foreign-owned properties to sensitive sites to flag national security concerns.

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-2142: GOLDEN DOME Act of 2025
- 119-s-2438: Transformation to Competitive Integrated Employment Act
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act

## Sources
- [119-s-2573 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2573)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-2142: GOLDEN DOME Act of 2025](https://policyrisk.com/legislation/119-s-2142)
- [119-s-2438: Transformation to Competitive Integrated Employment Act](https://policyrisk.com/legislation/119-s-2438)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2573 (as of 2026-04-21).