SB727

Foreign ownership of land; prohibiting foreign adversary company ownership of land in this state. Effective date.

Introduced·2/3/25
Int Text

Oklahoma SB727 prohibits foreign adversary companies from owning land in the state.

Oklahoma SB727 amends existing law to prohibit foreign adversary companies from owning land in the state. The bill defines "foreign adversary company" and requires an affidavit for compliance with these restrictions. Exemptions include deeds correcting previous records, court orders, and certain security deeds. The Attorney General can establish additional exemptions. The bill defines key terms and sets an effective date.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Judiciary Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Judiciary

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Weaver