HB 2389

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 2389 prohibits certain foreign entities and individuals—specifically from China, Iran, North Korea, and Russia—from purchasing or acquiring title to real property in Texas. It also bars governmental entities in Texas from entering contracts funded by public money with these entities or individuals. Exceptions are made for U.S. citizens and lawful permanent residents, even if they are citizens of foreign countries. The restrictions apply to transactions occurring after the bill’s effective date.
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