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MT HB755

Bill

Official Source

Status

Failed

5/20/2025

Primary Sponsor

Lukas Schubert

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Non-resident aliens and foreign entities are prohibited from owning real property in Montana
  • Violators must divest their property interest within 6 months or face public auction sale by the county sheriff
  • Enforcement authority granted to the Montana Attorney General or the county attorney where the property is located
  • "Foreign entity" defined as any entity organized under foreign law or with principal place of business in a foreign country; "resident" requires lawful Montana domicile or permanent place of abode
  • Effective January 1, 2026, and applies only to property purchased on or after that date

Legislative Description

Prohibit ownership of private property within state by certain foreign individuals and entities

Property

Last Action

(H) Died in Process

5/20/2025

Committee Referrals

Judiciary2/25/2025

Full Bill Text

No bill text available