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ND HB1208
Bill
Status
1/10/2025
Primary Sponsor
SuAnn Olson
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AI Summary
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Prohibits foreign countries of concern (as defined in 15 CFR 791.4(a) or OFAC sanctions list) and foreign organizations domiciled in those countries from purchasing or acquiring real property in North Dakota after July 31, 2025
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Bars county commissions and city councils from approving development agreements, building plans, or proposals with foreign countries or organizations of concern
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Creates new 10-mile buffer zone around military installations where foreign countries/organizations of concern cannot acquire real property or critical infrastructure
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Requires violating foreign entities to divest all real property within 36 months (general prohibition) or 1 year (military installation buffer zone), with county state's attorneys authorized to initiate court proceedings for enforcement
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Imposes civil penalty up to $25,000 for failure to comply with court-ordered divestment, with undivested property subject to public sale
Legislative Description
The powers of a board of county commissioners, a board of city commissioners, and a city council regarding development by a foreign country of concern or foreign organization of concern, prohibiting ownership of real property by a foreign country of concern or a foreign organization of concern; and to provide a penalty.
Last Action
Withdrawn from further consideration
1/20/2025