Bill > SB1109

This bill prohibits the People's Republic of China (PRC), including its state-owned enterprises and government entities, from purchasing, owning, or acquiring a substantial interest (defined as 30% or more ownership) in real property within Arizona. The Attorney General is tasked with enforcing this prohibition and can initiate legal action in superior court if a violation is suspected. If the court finds that the PRC has improperly obtained real property, it must issue an order divesting the PRC's interest and directing the county board of supervisors to sell the property, with proceeds distributed first to lienholders, then to reimburse enforcement expenses, and finally to the original property owner. The bill includes limited exceptions, allowing the PRC to temporarily acquire property through inheritance, security interests, or debt collection, but requiring divestment within three years. The legislation explicitly protects title insurers, title agents, escrow agents, and real estate licensees from liability. The bill's legislative findings emphasize national security concerns, suggesting the law aims to protect Arizona's infrastructure, military assets, and prevent potential espionage or sabotage by the Chinese Communist Party.

Agriculture and Natural Resources, Government Affairs, Military Affairs and Security

https://apps.azleg.gov/BillStatus/BillOverview/81940