summary
Introduced
01/14/2025
01/14/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
02/10/2025
02/10/2025
Introduced Session
2025 General Session
Bill Summary
AN ACT relating to property; prohibiting conveyances near critical infrastructure to prohibited foreign adversaries as specified; requiring review and approval of specified conveyances; authorizing the office of homeland security to review and investigate specified conveyances; authorizing actions for divestiture; providing an exception for resident aliens; requiring notice in assessment schedules and tax statements; providing and amending definitions; requiring rulemaking; authorizing positions; providing an appropriation; and providing for effective dates.
AI Summary
This bill establishes a comprehensive framework for preventing prohibited foreign parties from acquiring real property near critical infrastructure in Wyoming. Specifically, the legislation requires any prohibited foreign party seeking to acquire real property in a critical infrastructure zone to apply to the Wyoming Office of Homeland Security for approval starting July 1, 2025. The bill defines "prohibited foreign party" broadly, including citizens of foreign adversary countries, foreign governments, and entities with significant ownership or control by such parties. Applicants must provide detailed information about the proposed property transaction, and the Office of Homeland Security will have up to 180 days to review and investigate the conveyance, considering factors like potential impacts on state security and infrastructure proximity. If a prohibited foreign party is found to have acquired property without approval, they will be required to divest the property within a timeframe determined by the office, with potential court-ordered auction if they fail to do so. The bill includes an exception for resident aliens and requires that tax assessment schedules and statements include a notice about these new requirements. To implement the law, the bill authorizes two new full-time positions at the Office of Homeland Security and appropriates $209,800 for the initial implementation, with the intent that this funding be continued in future budget cycles.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Appropriations (Joint)
Last Action
COW:S Did not consider for COW (on 02/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2025/SF0076 |
| BillText | https://www.wyoleg.gov/2025/Introduced/SF0076.pdf |
| Fiscal Note | https://www.wyoleg.gov/2025/Fiscal/SF0076.pdf |
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