Bill > HB191

This bill introduces new restrictions on real property ownership in Texas for foreign entities from countries deemed to pose national security risks. Specifically, the bill prohibits governmental entities, organizations headquartered in, or those controlled by governments of "designated countries" (as identified by the U.S. Director of National Intelligence in annual threat assessments) from purchasing or acquiring title to real property in Texas. The bill defines "real property" broadly to include land, improvements, minerals, timber, and various property interests, with some exceptions. If such an entity is found to have purchased property in violation of these restrictions, the Texas Attorney General can bring an action in district court, which may appoint a receiver to manage and sell the property. Importantly, the violation does not automatically void the property transaction, but allows for legal enforcement. The bill amends the existing Property Code, adds a new subchapter on foreign property acquisitions, and will take effect on September 1, 2025, applying only to property purchases made on or after that date. The legislation aims to limit potential national security risks by restricting property ownership by entities from countries considered threats to U.S. security.

Military Affairs and Security

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB191