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OH SB88
Bill
Status
2/10/2025
Primary Sponsor
Terry Johnson
Click for details
AI Summary
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Expands restrictions on foreign adversaries acquiring Ohio real property beyond agricultural land to include property within 25 miles of military installations and critical infrastructure facilities
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Prohibits citizens of foreign adversaries, businesses headquartered in or controlled by foreign adversaries, and entities on federal threat lists from purchasing protected property, with exemptions for U.S. citizens and acquisitions through inheritance or debt collection
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Requires property conveyance statements to include affirmations from both grantors and grantees regarding whether they are prohibited from acquiring protected property under the law
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Mandates divestment of protected property within two years for persons who become subject to restrictions, with county sheriffs investigating violations and county prosecutors pursuing enforcement through court proceedings
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Authorizes courts to order forced sale of property acquired in violation, with proceeds distributed to court costs, lienholders, and county general funds
Legislative Description
Enact the Ohio Property Protection Act
Commerce
Last Action
Referred to committee: General Government
2/12/2025