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AZ HB2761
Bill
Status
2/7/2023
Primary Sponsor
John Gillette
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AI Summary
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Prohibits conveyance of land in Arizona to foreign entities, defined as foreign governments, state-controlled enterprises of foreign governments, or entities acting as agents for such governments, effective upon bill enactment.
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Excludes the United States government and its states, territories, or possessions from the foreign entity definition.
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Applies the foreign entity land ownership prohibition to state land sales administered by the Arizona State Land Department, consistent with existing restrictions on non-qualified corporations and acreage limits.
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Makes technical and grammatical corrections to existing state land statute language, including updated pronoun usage and clarifying language regarding mineral rights and land usage restrictions.
Legislative Description
Foreign entities; land ownership; prohibition
Prohibition
Last Action
House read second time
2/8/2023