State assets
STATE ASSETS – Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.

RS31571C1 / H0706

This legislation expands on current code where foreign governments will now be prohibited from purchasing any Idaho forest land, in addition to the already prohibition in purchasing agricultural land, water rights, mining claims or mineral rights. Any foreign adversary is also under the same prohibitions, but under this legislation, the foreign adversary that owns any of these lands or resources must sell within 180 days of notice. If they do not sell, the land or resources will be sold by judicial foreclosure. Also, no foreign adversary may purchase or lease any property within the certain geographic boundaries to establish secure military operations areas.

There is no fiscal impact to the state General Fund or local government as it will not impose any significant additional administrative duties or obligations on state or local government.

Bill Events
Date Description
03/07 Introduced, read first time, referred to JRA for Printing
03/07 Reported Printed and Referred to State Affairs
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