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OK HB3495

OK HB3495
Crimes and punishment; property; foreign nationals; making certain acts unlawful; penalties; codification; effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Session

Bill Summary

An Act relating to property; amending 60 O.S. 2021, Section 121, as last amended by Section 1, Chapter 373, O.S.L. 2024 (60 O.S. Supp. 2025, Section 121), which relates to alien ownership of land; making certain acts unlawful; providing penalties; defining term; and providing an effective date.

AI Summary

This bill amends existing Oklahoma law regarding alien ownership of land, making it unlawful for any person to knowingly and willfully purchase, attempt to purchase, or conspire to purchase property using a "straw person or party," which is defined as a third party acting solely in name to facilitate a transaction, conceal the true buyer's identity, or circumvent restrictions. Violators of this provision face a felony charge, punishable by up to two years in prison or a fine of up to $1,000, or both. The bill also clarifies definitions for terms like "deed," "foreign government adversary," "foreign government enterprise," "foreign government entity," and "land," while maintaining existing provisions related to land ownership by non-citizens and foreign entities, including requirements for affidavits when recording deeds, with specific exemptions. This act is set to become effective on November 1, 2026.

Committee Categories

Justice

Sponsors (4)

Last Action

Policy recommendation to the Judiciary and Public Safety Oversight committee; Do Pass, amended by committee substitute Criminal Judiciary (on 02/11/2026)

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