House Bill 2439 aims to prohibit the conveyance of land in Arizona to federally banned corporations, including any agents or entities significantly controlled by such corporations. This prohibition applies to both private land conveyances and sales of state lands, effective from the date of the legislation. The bill defines a "federally banned corporation" as a company banned by federal agencies such as the Federal Communications Commission, the Department of Commerce, the Cybersecurity and Infrastructure Security Agency, and the Federal Acquisition Security Council. The bill also makes technical and conforming changes to existing statutes to align with these new provisions.
Statutes affected: Introduced Version: 33-459, 37-231, 37-240, 27-271
House Engrossed Version: 33-459, 37-231, 37-240, 27-271