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Bill

HB 1788

Real Property - As enacted, enacts the "Sen. Frank Niceley National Security and Economic Protection Act." - Amends TCA Title 66, Chapter 2, Part 3.

114th Regular Session (2025-2026) Introduced by Jay Reedy

Tennessee bill restricts foreign entity land acquisition in non-agricultural properties and mandates registration of existing foreign holdings to strengthen state property ownership controls.

Comp. became Pub. Ch. 733
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Bill Summary · HB 1788

Legislative bill overview

HB 1788 would prohibit certain foreign entities from acquiring interests in non-agricultural land in Tennessee and require those who already hold such interests to register them by January 1, 2025. The bill amends Tennessee's property code to create restrictions on foreign land ownership in the state.

Why is this important

Foreign land ownership has become a flashpoint in policy debates, with concerns raised about national security, farmland preservation, and local control over property. This bill directly addresses state-level concerns about who can own land within Tennessee's borders, potentially affecting real estate markets, investment opportunities, and interstate commerce.

Potential points of contention

  • Definition and scope: The bill's language "certain foreign entities" is vague—it remains unclear which countries, entities, or ownership structures would be restricted, and whether exceptions exist for corporations with foreign ownership or partnerships
  • Constitutional and commerce concerns: Blanket foreign ownership restrictions may face legal challenges under the Fourteenth Amendment's Equal Protection Clause and the Commerce Clause, as similar laws have been contested nationally
  • Retroactive registration deadline: Requiring existing foreign-held properties to register by January 1, 2025 (with the bill still in committee in 2026) creates confusion about enforceability and may face legal challenges regarding retroactive application
  • Economic impact: Restrictions could deter investment, affect property values, and limit Tennessee's competitiveness for business development and development projects

Compiled from official sources — confirm details with the bill’s official record.

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