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KS SB100

KS SB100
Prohibiting ownership in certain real property in this state by foreign individuals and entities.


summary

Introduced
01/25/2023
In Committee
01/26/2023
Crossed Over
Passed
Dead
04/30/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT concerning real property; relating to the conveyance thereof; prohibiting the conveyance of title to certain real property to foreign individuals and entities.

AI Summary

This bill prohibits foreign nationals and foreign business entities from purchasing, acquiring, or owning any interest in real property located in the state of Kansas, with some exceptions. It defines "foreign business entity" and "foreign national," and requires the attorney general to investigate any suspicious sale or transfer of real property. Violation of the law is a felony, and the real property involved may be subject to forfeiture. The bill includes severability provisions and states that it will take effect upon publication in the statute book.

Committee Categories

Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Federal and State Affairs (Senate)

Last Action

Senate Died in Committee (on 04/30/2024)

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