Texas HB17 prohibits certain aliens and foreign entities from purchasing or acquiring title to real property in Texas.
Texas HB17 amends the Property Code to restrict the purchase or acquisition of title to real property by individuals or entities from designated countries, including China, Iran, North Korea, and Russia. The governor can designate additional countries. The bill also allows the governor to exempt certain U.S. citizens and lawful residents, as well as leasehold property, from these restrictions. Violations are considered state jail felonies. The attorney general is tasked with investigating potential violations and can refer cases to law enforcement.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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