HB 1566

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 1566 prohibits certain foreign entities, including governmental organizations or businesses controlled by countries deemed national security risks by U.S. intelligence, from purchasing or acquiring real property in Texas. It establishes enforcement mechanisms through the Texas Attorney General, who can initiate legal actions, and provides remedies such as appointing a receiver to manage and sell the property involved in violations.
Author (1)
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