Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.
STATE ASSETS -- Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.
STATEMENT OF PURPOSE
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This legislation expands on current code where foreign governments will now be prohibited from purchasing anyIdahoforestland, inadditiontothealreadyprohibitioninpurchasingagriculturalland, waterrights, mining claims or mineral rights. Any foreign adversary is also under the same prohibitions, but under this legislation, the foreign adversary that owns any of these lands or resources must sell within 180 days of notice. If they do not sell, the land or resources will be sold by judicial foreclosure. Also, no foreign adversary may purchase or lease any property within the certain geographic boundaries to establish secure military operations areas.
FISCAL NOTE
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There is no fiscal impact to the state General Fund or local government as it will not impose any significant additional administrative duties or obligations on state or local government.
LATEST ACTION
Reported Printed and Referred to State Affairs
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Jan 14, 2025
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