The proposed bill aims to enhance the protection of military installations and state assets in Idaho by prohibiting foreign adversaries from purchasing or controlling certain types of land, including agricultural land, forest land, water rights, mining claims, and mineral rights. It amends Section 55-103 of the Idaho Code to specify that foreign governments and state-controlled enterprises are barred from acquiring these interests, with additional restrictions placed on foreign principals from designated foreign adversary countries. The bill introduces new provisions that require foreign principals to divest any existing holdings in these lands within 180 days of the act's effective date and mandates registration with the Idaho State Department of Agriculture for any foreign ownership of agricultural land.

Additionally, the bill establishes a new section, 55-115, which outlines prohibitions on the lease or purchase of property within specified geographic boundaries near military installations. It includes provisions for whistleblower incentives, allowing individuals to report violations and receive a reward from the proceeds of any resulting land sales. The bill also clarifies the definitions of key terms, such as "foreign adversary" and "controlling interest," and emphasizes that the responsibility for compliance lies with the foreign entities involved. The act is set to take effect on July 1, 2025, and includes a severability clause to ensure that if any part of the act is deemed invalid, the remaining provisions will still stand.

Statutes affected:
Bill Text: 55-103