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KS HB2290
Bill
Status
2/5/2025
Primary Sponsor
Commerce, Labor and Economic Development
Click for details
AI Summary
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Foreign principals from "countries of concern" (including China, Russia, Iran, North Korea, Cuba, Venezuela, and designated foreign terrorist organizations, but excluding Taiwan) are prohibited from acquiring any interest in real property within 100 miles of military installations in Kansas or adjacent states
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Foreign principals currently owning or acquiring such property must register with the Kansas Attorney General within 90 days and divest their holdings; failure to comply can result in civil forfeiture, court-ordered divestiture, and attorney fees
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Foreign principals from countries of concern are barred from receiving any direct benefits from Kansas economic development incentive programs, including tax credits, property tax exemptions, and revenue bond financing
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The Attorney General must establish reporting procedures for non-notified foreign investment transactions, submit annual implementation reports to the legislature, and adopt implementing regulations by January 1, 2026
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Kansas State University must submit annual reports detailing foreign land holdings throughout Kansas, and the Fusion Center Oversight Board may add or remove foreign terrorist organizations from the "country of concern" definition
Legislative Description
Enacting the Kansas land and military installation protection act to prohibit foreign principals from countries of concern from acquiring any interest in certain real property in this state.
Last Action
House Hearing: Monday, March 3, 2025, 1:30 PM Room 346-S
3/3/2025