Measure Title: RELATING TO REAL PROPERTY.
Report Title: AG; Chinese Communist Party; Purchase of Real Property; Prohibition; Registration; Forfeiture; Penalties; General Fund Expenditure Ceiling Exceeded; Appropriation ($)
Description: Prohibits certain persons affiliated with the Chinese Communist Party from acquiring real property or any interest in real property in the State, except a de minimus indirect interest. Establishes exceptions. Requires a person affiliated with the Chinese Communist Party who owns real property that was acquired under an exception to register the ownership with the Attorney General. Requires a buyer of real property to provide a signed affidavit attesting that the buyer is not a person affiliated with the Chinese Communist Party. Authorizes the forfeiture of real property or an interest in real property that is owned or acquired unlawfully. Establishes penalties. Declares that the appropriation exceeds the state general fund expenditure ceiling for 2024-2025. Appropriates moneys.
Companion:
Package: None
Current Referral: WAL, CPC, FIN
Introducer(s): PIERICK, WARD, Matsumoto
Act:

Sort by Date Status Text
1/26/2024HReferred to WAL, CPC, FIN, referral sheet 3
1/24/2024HIntroduced and Pass First Reading.
1/23/2024HPending introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB2594
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