If a bill becomes law that imposes an excise tax on investment firm ownership of single-family homes (including if the tax is only imposed on newly bought homes) or bans investment firms from owning single-family homes outright (or which bans buying new homes) before Jan 1, 2027, then the market resolves to Yes. An example of such a bill is <a href="https://www.congress.gov/bill/118th-congress/house-bill/6608">here</a>. Such legislation can have an assets under management or net value requirement for the funds and still be included within the Payout Criterion (e.g. it only applies to funds with assets under management of at least $50 million). Such legislation may also only tax certain assets, e.g. only second and third homes but not first owned by a firm. If this event occurs, the market will close the following 10:00 AM ET.