Senate Bill No. 395, introduced by Senator Miguez, seeks to authorize the state of Louisiana to expropriate property owned by specific foreign adversaries, particularly those associated with China. The bill enacts a new section, R.S. 19:2.3, which stipulates that if property is owned by the country of China, the Chinese Communist Party, a corporation incorporated in China, or a citizen of China, the state shall expropriate that property. This action is framed as an exercise of state governmental powers and is deemed necessary for a public purpose in accordance with the Louisiana Constitution.

The proposed law emphasizes the state's authority to take such actions against foreign entities deemed adversarial, reinforcing the state's commitment to safeguarding its interests. The effective date for this legislation is set for August 1, 2026.