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TX HB2752
Bill
Status
2/12/2025
Primary Sponsor
Cody Vasut
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AI Summary
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Prohibits governmental entities, governing political parties, and designated foreign terrorist organizations from "designated countries" (those identified as national security threats by the U.S. Director of National Intelligence, state sponsors of terrorism, or subject to U.S. sanctions) from purchasing or acquiring title to real property in Texas
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Bars individuals who are current or former (within 10 years) elected/appointed officials or employees of designated country governments, their close relatives (third degree by blood, second degree by marriage), and citizens of designated countries not lawfully present in the U.S. from acquiring Texas real property
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Exempts U.S. citizens, lawful permanent residents, residence homestead property, foreign consulates/embassies recognized by the U.S. State Department, and leasehold interests from the restrictions
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Authorizes the attorney general to bring enforcement actions in district court when violations create a risk to public health, safety, and welfare, with the secretary of state required to assist with interrogatories and records
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Requires courts finding violations to divest the prohibited party's interest and appoint a receiver to manage and sell the property; applies only to acquisitions on or after September 1, 2025
Legislative Description
Relating to the purchase of or acquisition of title to real property by certain aliens or foreign entities.
Property Interests
Last Action
Referred to Homeland Security, Public Safety & Veterans' Affairs
3/19/2025