Bill > SB38

This bill amends the Civil Practice and Remedies Code and the Property Code to prohibit certain foreign individuals and entities, particularly those from countries identified as posing a national security risk to the United States, from purchasing or acquiring title to real property in Texas if such acquisition would create a risk to the health, safety, and welfare of the public. The bill provides exceptions for U.S. citizens and lawful permanent residents, residential homesteads, and leasehold interests. It also grants the Texas Attorney General the authority to enforce the law and appoint a receiver to manage and control any real property acquired in violation of the law.

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=884&Bill=SB38