The proposed bill introduces new regulations regarding land ownership and critical infrastructure agreements in Alaska. It establishes a chapter that prohibits certain nonresident persons and entities, particularly those identified as foreign adversaries by the U.S. Secretary of Commerce, from acquiring or leasing land within 100 miles of military installations. Exceptions are made for U.S. citizens and specific residential leases. Violations of this provision may lead to forfeiture of the land, with the Attorney General responsible for investigating and enforcing these regulations. Additionally, the bill outlines the rights of nonresident aliens to acquire and hold land, while imposing limitations on agricultural land ownership for foreign adversaries.

Furthermore, the bill restricts agreements related to critical infrastructure facilities with companies that are either owned or controlled by foreign adversaries or headquartered in such countries. This includes any agreements that would allow these companies to access or control critical infrastructure or cybersecurity systems. The definitions of critical infrastructure facilities are broad, encompassing various sectors such as manufacturing, transportation, and military installations. The bill is set to take effect on July 1, 2025.

Statutes affected:
SB0139A, AM SB 139, introduced 03/19/2025: 45.46.010, 34.87.020, 34.03.360, 34.87.010, 34.87.030, 34.87.050, 34.87.040, C.F.R, 34.87.070, 34.87.060, 34.87.090
SB0139B, AM SSSB 139, introduced 04/02/2025: 34.87.040, 34.87.020, C.F.R, 34.03.360, 34.87.010, 34.87.030, 34.87.050, 34.87.090