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ID H0063

Bill

Status

Introduced

1/27/2025

Primary Sponsor

State Affairs Committee

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Foreign governments and foreign state-controlled enterprises are prohibited from purchasing or holding controlling interests in agricultural land, forest land, water rights, mining claims, or mineral rights in Idaho, with exemptions for interests acquired before the effective date and foreign pension funds.

  • Foreign principals from designated foreign adversaries (China, Cuba, Iran, North Korea, Russia, and the Maduro regime of Venezuela) are prohibited from purchasing or holding any controlling interest in agricultural land, water rights, mining claims, or mineral rights, with a de minimis exception for ownership under 5% in publicly traded companies.

  • Foreign principals from foreign adversary countries are prohibited from purchasing, holding, renting, or controlling any property within specific geographic coordinates in Idaho (near military installations), with 180 days to divest existing holdings.

  • Foreign principals owning agricultural land must register with the Idaho State Department of Agriculture within 60 days of the act's effective date or acquisition, providing owner name, property address, parcel identification, legal description, and acreage.

  • Whistleblowers may report violations to the Attorney General and receive 30% of proceeds from court-ordered sales of properties held in violation; the act takes effect July 1, 2025, with whistleblower provisions effective 180 days after enforcement begins.

Legislative Description

Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.

STATE ASSETS

Last Action

Reported Printed and Referred to State Affairs

1/28/2025

Committee Referrals

State Affairs1/28/2025

Full Bill Text

No bill text available