Bill

Bill > H0356


ID H0356

ID H0356
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
03/03/2025
In Committee
04/03/2025
Crossed Over
03/14/2025
Passed
04/04/2025
Dead
Signed/Enacted/Adopted
04/04/2025

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 restricting property ownership and land acquisitions by foreign principals from countries deemed adversarial to U.S. national security. Specifically, the bill prohibits foreign adversaries from purchasing or holding controlling interests in agricultural land, forest land, water rights, mining claims, and mineral rights in Idaho. Foreign principals from these countries must sell or divest such properties within 180 days of the act's effective date, with exceptions for certain acquisitions through inheritance or debt collection. The bill introduces a detailed registration requirement for foreign principals owning such properties, mandating they register with state departments within 60 days of acquisition. Notably, the bill includes a whistleblower provision that allows individuals to report violations and potentially receive 30% of the proceeds from any resulting property sale. The legislation defines key terms like "foreign adversary" and "foreign principal" and applies to specific geographic areas, with a particular focus on protecting land near military installations. The bill is set to take effect on July 1, 2025, and includes a severability clause to ensure that if any part of the act is found invalid, the remaining provisions will still stand.

Committee Categories

Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Affairs Committee (House)

Last Action

Reported Signed by Governor on April 14, 2025 Session Law Chapter 326 Effective: 07/01/2025 (on 04/04/2025)

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