Bill

Bill > H0221


ID H0221

Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.


summary

Introduced
02/12/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

RELATING TO STATE ASSETS; PROVIDING LEGISLATIVE INTENT; AMENDING SECTION 55-103, IDAHO CODE, TO REVISE PROVISIONS REGARDING WHO MAY OWN CERTAIN PROPERTY; AMENDING CHAPTER 1, TITLE 55, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 55-115, IDAHO CODE, TO PROVIDE FOR PROHIBITIONS ON LEASE OR PURCHASE OF CERTAIN LAND OR DWELLINGS; PROVIDING SEVERABILITY; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill aims to protect military installations and state assets by imposing significant restrictions on property ownership by foreign principals from what the bill defines as "foreign adversary" countries (specifically China, Cuba, Iran, North Korea, Russia, and the Maduro regime in Venezuela). The legislation prohibits these foreign principals from purchasing or holding controlling interests in agricultural land, forest land, water rights, mining claims, or mineral rights in Idaho, with only very limited exceptions for minimal indirect ownership through publicly traded companies. The bill requires foreign principals who currently own such assets to divest within 180 days and mandates registration with state agencies for any existing land or mineral rights holdings. Additionally, the bill creates a new section prohibiting foreign principals from purchasing or controlling property within specific geographic coordinates near military installations, with a similar divestiture requirement. The legislation includes a whistleblower provision that allows individuals to report violations and potentially receive 30% of the proceeds from any resulting asset sales. Violating entities face potential judicial foreclosure, and the bill provides detailed definitions of key terms like "foreign principal" and "foreign adversary" to clarify its scope. The bill is set to take effect on July 1, 2025, and includes a severability clause to ensure that if any part of the law is found invalid, the rest remains in force.

Committee Categories

Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Affairs Committee (H)

Last Action

House State Affairs Committee (09:00:00 3/3/2025 Room EW40) (on 03/03/2025)

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