Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4296 seeks to restrict the ability of certain foreign governments to acquire interests in real property in Texas. Specifically, it would prevent the governments of China, Iran, Iraq, North Korea, Russia, and Syria, as well as entities controlled by them, from leasing, purchasing, or holding interests in real estate in the state. The bill includes a grandfather clause allowing existing property interests held by these entities as of August 31, 2025, to continue, but prevents their renewal after September 1, 2025.
Author
Matthew Shaheen
Contact the Author
Rep. Matthew Shaheen
Capitol Phone:
(512) 463-0594
Capitol Office:
CAP GS.6
E-Mail:
