Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 402 proposes amendments to Section 64.001 of the Civil Practice and Remedies Code and Section 5.005 of the Property Code. It introduces Subchapter H to Chapter 5 of the Property Code, which limits the purchase or acquisition of real property in Texas by certain foreign individuals, entities, and governments. It specifically targets entities and individuals from "designated countries" identified by U.S. intelligence as posing national security risks. The bill outlines enforcement mechanisms through the Texas Attorney General, penalties for violations, and procedures for divestiture of illegally acquired property. The law would take effect on September 1, 2025.
Author (1)
Contact the Author
Rep. Briscoe Cain
Capitol Phone:
(512) 463-0733
Capitol Office:
EXT E1.320
E-Mail:
