AZ HB2376

Prohibits foreign entities from purchasing state lands, effective immediately upon enactment.

Defines "foreign entity" to include foreign governments, state-controlled enterprises, companies headquartered in or controlled by China, Cuba, Iran, North Korea, Russia, Saudi Arabia, Syria, or Venezuela, and citizens of those countries.

Prohibits leases and subleases of state lands to foreign entities, effective immediately upon enactment.

Maintains existing restrictions on state land sales, including limits of 640 acres for grazing land and 160 acres for agricultural land per person.

Clarifies that prohibitions on corporate and association purchases or leases of state lands apply only to entities not qualified to conduct business in Arizona.