H.R.1016

Arkansas HR1016 would create the Arkansas Property Rights Protection from Sharia Law Act and regulate certain residential property interests.

Arkansas HR1016 would create the Arkansas Property Rights Protection from Sharia Law Act. It aims to regulate certain residential property interests controlled by certain entities. The act prohibits managing entities from taking actions that restrict the transfer of interests, impose maintenance requirements, or refuse to grant interests to qualified persons. It also prohibits managing entities from charging fees or sharing proceeds from the transfer of interests. Violations are considered unfair and deceptive practices.