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GA HB246

GA HB246
Property; prohibit China, Iran, North Korea, and Russia, their citizens, and companies owned or operated by them to acquire title or property in this state


summary

Introduced
02/06/2023
In Committee
Crossed Over
Passed
Dead
03/28/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT To amend Article 2 of Chapter 5 of Title 44 of the Official Code of Georgia Annotated, relating to conveyances, so as to prohibit China, Iran, North Korea, and Russia, their citizens, and companies owned or operated by them to acquire title to property in this state; to provide for related matters; to provide an effective date; to repeal conflicting laws; and for other purposes.

AI Summary

This bill prohibits the governments of China, Iran, North Korea, and Russia, as well as companies and individuals from those countries, from acquiring title to certain types of real property in the state of Georgia. The prohibited properties include farms, energy production facilities, telecommunications infrastructure, and properties within 50 miles of U.S. military installations. The bill aims to restrict the ability of these foreign entities to purchase strategically important real estate in Georgia and takes effect on September 1, 2023.

Committee Categories

Justice

Sponsors (6)

Last Action

House Second Readers (on 02/08/2023)

bill text


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