Bill
HJ 2
Overview: HJ 2, the Foreign Adversaries-Prohibited Property Ownership bill, was introduced in the House on January 10, 2025. The bill has failed on Senate Committee of the Whole wi
Overview: HJ 2, the Foreign Adversaries-Prohibited Property Ownership bill, was introduced in the House on January 10, 2025. The bill has failed on Senate Committee of the Whole with a vote of 9-19-3-0-0.
Purpose and Intent: The primary purpose of this bill is to prohibit the ownership of certain types of property, such as real estate and critical infrastructure, by individuals or entities affiliated with foreign adversaries of the United States. The goal is to address national security concerns and protect the state's assets from potential foreign influence or control.
Key Provisions:
- Defines "foreign adversaries" and the types of property subject to the ownership restrictions
- Requires the disclosure of foreign ownership of property and grants the state the authority to investigate and verify such ownership
- Establishes a process for the state to seize and dispose of property owned by foreign adversaries
- Imposes penalties for non-compliance, including fines and the forfeiture of the property
Affected Parties and Impacts: The bill would primarily affect individuals and entities with ties to foreign adversaries who currently own or seek to acquire the types of property covered by the legislation. It could also impact the broader real estate and infrastructure sectors within the state.
Procedural and Timeline Considerations: The bill has failed on Senate Committee of the Whole, meaning it will not move forward in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
