Bill
Bill > SB212
OK SB212
Property; prohibiting certain ownership of land through business entity or trust; requiring affidavit with recording of deed. Effective date.
summary
Introduced
02/06/2023
02/06/2023
In Committee
04/05/2023
04/05/2023
Crossed Over
03/09/2023
03/09/2023
Passed
05/22/2023
05/22/2023
Dead
Signed/Enacted/Adopted
06/06/2023
06/06/2023
Introduced Session
2023 Regular Session
Bill Summary
An Act ENROLLED SENATE BILL NO. 212 By: Bullard, Burns, Stephens, Jett, Hamilton, Woods, and Bergstrom of the Senate and Humphrey, Boles, and Wolfley of the House An Act relating to property; amending 60 O.S. 2021, Section 121, which relates to alien ownership of land; prohibiting certain ownership of land through business entity or trust; providing exception for certain business entities; requiring inclusion of certain affidavit with recording of deed; directing Attorney General to promulgate certain affidavit forms; and providing an effective date. SUBJECT: Alien ownership of land
AI Summary
This bill amends Oklahoma law to prohibit non-citizens and aliens from acquiring or owning land in the state, either directly or indirectly through a business entity or trust, with an exception for business entities engaged in regulated interstate commerce. The bill requires that any deed recorded with the county clerk include an affidavit from the person or entity obtaining the land, attesting that the acquisition complies with the law and that no funding source is being used in violation of state or federal law. The Attorney General is directed to promulgate separate affidavit forms for individuals and for business entities or trusts. The bill becomes effective on November 1, 2023.
Committee Categories
Budget and Finance, Business and Industry, Justice
Sponsors (11)
David Bullard (R)*,
Justin Humphrey (R)*,
Micheal Bergstrom (R),
Brad Boles (R),
George Burns (R),
Warren Hamilton (R),
Shane Jett (R),
Roland Pederson (R),
Cowboy Stephens (R),
Max Wolfley (R),
Tom Woods (R),
Last Action
Approved by Governor 06/06/2023 (on 06/06/2023)
Official Document
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