Illinois HB3112 aims to prohibit noncitizens from purchasing public or private real estate in the state.

HB3112 amends the Property Owned By Noncitizens Act to mandate the Governor to take necessary actions to prohibit noncitizens from buying real estate in Illinois. The bill defines "noncitizen" to include foreign nationals, foreign governments, foreign entities, and entities controlled by them. The Commission on Government Forecasting and Accountability must report on the history and percentage of real estate owned by noncitizens, and recommend ways to favor citizens over noncitizens in real estate purchases. This section will be repealed five years after the bill's effective date.

Illinois HB3112 aims to prohibit noncitizens from purchasing public or private real estate in the state.

HB3112 amends the Property Owned By Noncitizens Act to mandate the Governor to take necessary actions to prohibit noncitizens from buying real estate in Illinois. The bill defines "noncitizen" to include foreign nationals, foreign governments, foreign entities, and entities controlled by them. The Commission on Government Forecasting and Accountability must report on the history and percentage of real estate owned by noncitizens, and recommend ways to favor citizens over noncitizens in real estate purchases. This section will be repealed five years after the bill's effective date.