Texas SB307 prohibits certain aliens or foreign entities from purchasing or acquiring title to real property if it poses a risk to public health and.
Texas SB307 amends the Texas Property Code to restrict the purchase or acquisition of title to real property by certain aliens or foreign entities if it poses a risk to the health, safety, and welfare of the public. The bill defines "risk to the health, safety, and welfare of the public" as acts that include violations of criminal law, corporate espionage, or public nuisances. Exceptions include U.S. citizens, lawful permanent residents, homestead property, and leasehold interests.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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