Bill
State Land Purchase Restrictions
- Number
- H.B. 186 (2023GS)
- Sponsor
- Rep. Pierucci, C.
- Final action
- Governor Signed 3/13/2023
- Outcome
- Became law — signed by Gov. Spencer J. Cox
Summary
This bill enacts the Restrictions on Foreign Acquisitions of Land Act.
What it does
- This bill:
- defines terms;
- prohibits a restricted foreign entity from acquiring an interest in land;
- requires a restricted foreign entity to alienate certain interests in land; and
- provides that certain interests in land escheat to the state after a specified time.
Every vote on this bill
2/10/2023House Comm - Favorable Recommendation
House Government Operations Committee
10 0 2YEA2/14/2023House/ passed 3rd reading
Senate Secretary
71 0 4YEA2/22/2023Senate Comm - Favorable Recommendation
Senate Economic Development and Workforce Services Committee
5 0 1not eligible / no record3/2/2023Senate/ passed 2nd & 3rd readings/ suspension
Senate President
26 0 3not eligible / no recordBill text
enrolled version · official source
STATE LAND PURCHASE RESTRICTIONS GENERAL SESSION STATE OF UTAH Chief Sponsor: Candice B. Pierucci Senate Sponsor: Michael K. McKell Cosponsors: Cheryl K. Acton Carl R. Albrecht Stewart E. Barlow Kera Birkeland Bridger Bolinder Walt Brooks Jefferson S. Burton Kay J. Christofferson Tyler Clancy Joseph Elison Matthew H. Gwynn Katy Hall Jon Hawkins Ken Ivory Tim Jimenez Michael L. Kohler Jason B. Kyle Trevor Lee Karianne Lisonbee Anthony E. Loubet Steven J. Lund Phil Lyman Jefferson Moss Mike Schultz Keven J. Stratton Mark A. Strong Jordan D. Teuscher Ryan D. Wilcox LONG TITLE General Description: This bill enacts the Restrictions on Foreign Acquisitions of Land Act. Highlighted Provisions: This bill: ▸ defines terms; ▸ prohibits a restricted foreign entity from acquiring an interest in land; ▸ requires a restricted foreign entity to alienate certain interests in land; and ▸ provides that certain interests in land escheat to the state after a specified time. Money Appropriated in this Bill: None Other Special Clauses: None Utah Code Sections Affected: ENACTS: 63L-13-101 , Utah Code Annotated 1953 63L-13-201 , Utah Code Annotated 1953 63L-13-202 , Utah Code Annotated 1953 Be it enacted by the Legislature of the state of Utah: Section 1. Section 63L-13-101 is enacted to read: CHAPTER 13. RESTRICTIONS ON FOREIGN ACQUISITIONS OF LAND ACT Part 1. General Provisions 63L-13-101. Definitions. As used in this chapter: (1) "Interest in land" means any right, title, lien, claim, interest, or estate with respect to land. (2) (a) "Land" means all real property within the state. (b) "Land" includes: (i) agricultural land, as defined in Section 4-46-102 ; (ii) land owned or controlled by a political subdivision; (iii) land owned or controlled by a school district; (iv) non-federal land, as defined in Section 9-9-402 ; (v) private land; (vi) public land; (vii) state land, as defined in Subsection 9-9-402 (14)(a); (viii) waters of the state, as defined in Subsection 19-5-102 (23)(a); and (ix) subsurface land. (c) "Land" does not include real property that is owned, controlled, or held in trust by the federal government. (3) "Restricted foreign entity" means: (a) a company that the United States Secretary of Defense is required to identify and report as a military company under Section 1260H of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021, Pub. L. No. 116-283; (b) an affiliate, subsidiary, or holding company of a company described in Subsection (3)(a); (c) a country with a commercial or defense industrial base of which a company described in Subsection (3)(a) or (b) is a part; (d) a state, province, region, prefecture, subdivision, or municipality of a country described in Subsection (3)(c); and (e) an agency, bureau, committee, or department of a country described in Subsection (3)(c). Section 2. Section 63L-13-201 is enacted to read: Part 2. Interests in Land 63L-13-201. Acquisition of land prohibited -- Exceptions. (1) Subject to Subsection (2) and Section 63L-13-202 , a restricted foreign entity may not acquire an interest in land in this state. (2) Subsection (1) does not apply to an interest in land that a restricted foreign entity acquired before May 3, 2023: (a) by purchase, grant, gift, donation, devise, or bequest; (b) as security for the repayment of a debt; or (c) as a party to a contract for the transfer or conveyance of an interest in land to the restricted foreign entity. (3) A deed or other written instrument, other than in probate, purporting to convey an interest in land to a restricted foreign entity in violation of Subsection (1) is invalid. Section 3. Section 63L-13-202 is enacted to read: 63L-13-202. Alienate within five years -- Escheat. (1) A restricted foreign entity that acquires an interest in land on or after May 3, 2023, by grant, gift, donation, devise, or bequest shall alienate the interest within five years after the date of acquisition. (2) If a restricted foreign entity fails to alienate an interest in land in accordance with Subsection (1), the interest escheats to the state.