This 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 categories 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.

Furthermore, the bill establishes a new section, 55-115, which outlines prohibitions on foreign principals from foreign adversaries regarding property control within specified geographic boundaries. 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 responsibilities of the attorney general in enforcing these provisions and ensures that any conflicting legal agreements are rendered invalid. The act is set to take effect on July 1, 2025, and includes a severability clause to maintain the validity of its remaining provisions if any part is declared invalid.

Statutes affected:
Bill Text: 55-103