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ID H0904
Bill
Status
3/16/2026
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Foreign persons prohibited from purchasing or acquiring controlling interest in single-family homes in Idaho effective July 1, 2026, with "foreign person" defined to include non-citizens, foreign corporations, foreign governments, and entities acting on their behalf
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Foreign persons who acquire single-family homes through inheritance, debt collection, or security enforcement must divest within 180 days; failure to divest triggers attorney general action and judicial foreclosure sale
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Whistleblower program established beginning January 1, 2027, allowing individuals to report violations to the attorney general and receive 30% of sale proceeds after costs, liens, and expenses are paid
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Foreign governments and state-controlled enterprises prohibited from holding controlling interest in agricultural land, forest land, water rights, mining claims, or mineral rights, with registration requirements through Idaho Department of Agriculture and Department of Lands
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Non-foreign persons granted immunity from civil or criminal liability for failing to determine or inquire whether another party is subject to the law's restrictions
Legislative Description
Amends and adds to existing law to prohibit the purchase of single-family homes by foreign persons.
PROPERTY SALES
Last Action
Introduced, read first time, referred to JRA for Printing
3/16/2026