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TX HB1743

TX HB1743
Relating to the holding or acquisition of an interest in real property by or on behalf of certain foreign individuals or entities; establishing an agricultural intelligence office; creating a criminal offense.


summary

Introduced
01/06/2025
In Committee
03/14/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the holding or acquisition of an interest in real property by or on behalf of certain foreign individuals or entities; establishing an agricultural intelligence office; creating a criminal offense.

AI Summary

This bill, known as the Protect Texas Land Act, introduces significant restrictions on foreign ownership of real property in Texas, particularly agricultural land. The legislation requires individuals and organizations who are not U.S. citizens or are foreign-based to report their real property holdings to the Texas Attorney General within 90 days of acquisition or sale, with specific reporting requirements for existing agricultural land holdings by April 1, 2026. The bill prohibits individuals from certain countries under arms embargo and foreign governmental entities from acquiring agricultural land in Texas, with existing holdings allowed until September 1, 2027. Additionally, the bill establishes an Agricultural Intelligence Office within the state's agriculture department to monitor and report potential violations of these property ownership restrictions. Violations of the reporting requirements or prohibited land acquisitions are classified as state jail felonies, and the Attorney General is empowered to investigate potential infractions, issue subpoenas, and even initiate legal actions to force the sale of improperly held property. The law aims to protect Texas land from foreign acquisition, particularly from countries subject to arms embargoes or identified as entities of particular concern under international religious freedom designations, and will take effect on September 1, 2025.

Committee Categories

Government Affairs

Sponsors (18)

Last Action

Left pending in committee (on 04/28/2025)

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