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 from acquiring or leasing land within 100 miles of military installations, with specific exceptions for residential leases and U.S. citizens from designated foreign adversary countries. Violations of this provision may lead to forfeiture of the land, which will be managed by the attorney general, who is also tasked with investigating potential violations. Additionally, the bill outlines limitations on agricultural land ownership for foreign adversaries and provides a framework for enforcement and forfeiture proceedings.

Furthermore, the bill restricts agreements related to critical infrastructure facilities with companies that are owned or controlled by foreign adversaries, particularly if such companies could access or control the facility or its cybersecurity systems. This includes a broad definition of critical infrastructure, encompassing various facilities and operations essential to state security and economy. The bill is set to take effect on July 1, 2025, aiming to enhance state security and protect vital resources from foreign influence.

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