Bill > HB4234

This bill restricts foreign entities, particularly those from certain countries of concern like China, Russia, Iran, and others, from purchasing or acquiring real property within 20 miles of military installations or key facilities in Michigan. Foreign principals are prohibited from owning such land, with a few exceptions: those with a national security agreement with the Committee on Foreign Investment in the United States may purchase up to 350 acres of agricultural land for research, development, or experimental purposes related to agricultural inputs. Existing foreign-owned properties within this zone must be registered with the secretary of state by July 1, 2025, or face fines of up to $1,000 per day. If a foreign principal acquires such property through inheritance, debt collection, or a change in status, they must divest themselves of the property within two years. Violations can result in civil actions, potential property forfeiture, and misdemeanor charges with possible fines or imprisonment. The bill defines specific terms like "foreign principal" and "key facility" and applies to entities from countries including China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria. The legislation aims to protect strategic areas near military installations from foreign ownership and potential security risks.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4234