Missouri SB1248 modifies laws on real property acquisition by foreign interests, focusing on national security risks.
Missouri SB1248 modifies provisions concerning the acquisition of real property by foreign interests, particularly those posing national security risks. The bill allows the governor to designate countries or entities as posing such risks, affecting real property transactions. It mandates the attorney general to investigate and potentially prosecute violations. The bill also outlines civil penalties for entities found in violation and establishes procedures for divestment of interests in real property acquired unlawfully.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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