Bill > HB1208

This bill establishes new restrictions on property ownership and development by foreign countries of concern and foreign organizations of concern in North Dakota. Specifically, the legislation prohibits county commissioners, city commissioners, and city councils from approving development agreements with foreign countries or organizations of concern. The bill defines a "foreign country of concern" as an entity identified as a foreign adversary under federal regulations or on foreign assets control sanctions lists. A key provision restricts these foreign entities from purchasing real property in North Dakota after July 31, 2025, with some exceptions for businesses that have been registered in good standing for at least seven years, have been approved by the Committee on Foreign Investment in the United States, and maintain an active national security agreement with the federal government. Additionally, the bill creates a new section specifically preventing foreign countries or organizations of concern from leasing, purchasing, or controlling critical infrastructure or real property within ten miles of a military installation. Entities found in violation will be required to divest their interests within one year, with potential civil penalties of up to $25,000 for non-compliance. The legislation aims to protect state interests by limiting potential foreign strategic acquisitions of property near sensitive locations and establishing clear guidelines for property ownership by foreign entities.

Government Affairs

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1208.html