Senate Bill 17 | Effective: 9-1-25 |
Senate Author: Kolkhorst et al. | Senate Committee: State Affairs |
House Sponsor: Hefner et al. | House Committee: Homeland Security, Public Safety & Veterans' Affairs |
Senate Bill 17 amends the Civil Practice and Remedies Code and Property Code to prohibit certain governmental entities, companies, organizations, and individuals connected to a designated country from purchasing or otherwise acquiring an interest in real property in Texas. The bill includes in the definition of "designated country" a country designated by the governor under the bill's provisions and a country named in at least one of the three most recent Annual Threat Assessments prepared by the U.S. Director of National Security. The bill provides for the investigation and enforcement of the bill's provisions by the attorney general. The bill creates a state jail felony offense for a person who meets certain conditions and intentionally or knowingly acquires an interest in real property in Texas in violation of the bill's prohibition and provides for the following: