This bill proposes to amend current statutes regarding the sale of state land in Arizona by introducing new restrictions on foreign entities. Specifically, it would insert a provision that prohibits the conveyance of land to any foreign entity identified as hostile to the United States, as defined by the U.S. Director of National Intelligence based on national security threat assessments. This new language would be added to existing statutes, thereby updating the legal framework governing land sales.
Additionally, the bill would make several modifications to existing language. It would clarify that sales of state lands may not be made to foreign entities that are hostile to the United States, while also maintaining the prohibition against corporations or associations not qualified to transact business in Arizona from purchasing state lands. The bill would also remove certain definitions and requirements related to the identification of foreign entities, streamlining the process and aligning it with the new provisions. Overall, these changes aim to enhance state control over land transactions involving foreign entities deemed a threat to national security.
Statutes affected: Introduced Version: 33-459, 37-231, 37-240, 27-271
Senate Engrossed Version: 33-459, 37-231, 37-240, 27-271