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IL SB3394

Bill

Status

Failed

1/7/2025

Primary Sponsor

Susan Rezin

Click for details

Origin

Senate

103rd General Assembly

AI Summary

SB3394 - Foreign Countries of Concern Act

  • Prohibits government entities from contracting with entities owned by or controlled by governments of specified foreign countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) if the contract grants access to personal identifying information.

  • Bars entities associated with foreign countries of concern from receiving economic incentives administered by the State or political subdivisions.

  • Prohibits foreign principals from purchasing or acquiring agricultural land in Illinois, with exceptions for de minimis indirect interests through publicly traded companies and certain investment advisers.

  • Restricts foreign principals from owning or acquiring real property within 10 miles of military installations or critical infrastructure facilities; allows individual natural persons to purchase one residential property up to 2 acres under specific visa and residency requirements.

  • Specifically prohibits the People's Republic of China, Chinese Communist Party members, and related entities from owning real property in Illinois, with limited exceptions for individual residences meeting visa and distance requirements.

Legislative Description

FOREIGN COUNTRIES CONCERN ACT

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Assignments2/8/2024

Full Bill Text

No bill text available