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AZ HB2407

Bill

Status

Introduced

1/17/2024

Primary Sponsor

John Gillette

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

  • Prohibits conveyance of land in Arizona to foreign entities, defined as foreign governments, state-controlled enterprises, or their agents, effective immediately upon passage.

  • Requires grantors and real estate professionals to submit valid identification of any grantee to the Arizona Department of Real Estate, including photograph, name, address, and for non-natural persons, the grantee's agent information and principal place of business.

  • Prohibits sales of state lands to foreign entities beginning on the effective date of the amendment.

  • Defines valid identification as documents bearing photograph and address, including Arizona driver licenses, tribal enrollment cards, or U.S. government-issued identification, deemed valid unless expired on its face.

  • Excludes the United States government and its states, territories, or possessions from the foreign entity definition.

Legislative Description

Foreign entities; land ownership; prohibition

Prohibition

Last Action

House read second time

1/22/2024

Committee Referrals

Rules1/17/2024
Land, Agriculture and Rural Affairs1/17/2024

Full Bill Text

No bill text available