Kansas 2023-2024 Regular Session

Kansas House Bill HB2638

Introduced
1/31/24  
Refer
1/31/24  

Caption

Prohibiting conveyance of certain real property in this state to foreign adversaries.

Impact

The bill introduces significant changes in the legal landscape regarding real estate transactions in Kansas. Its enforcement ensures that real property cannot be owned by foreign interests, thereby limiting the potential for foreign entities to exert influence over local markets. This could directly impact foreign investment in Kansas real estate, as these investors will no longer have access to property purchases unless they meet stringent criteria set forth in the bill. The legislation reflects a national discourse focused on security and the integrity of domestic assets.

Summary

House Bill 2638 establishes regulations surrounding the conveyance of real property in the state of Kansas, specifically aimed at preventing ownership by individuals or entities deemed 'foreign adversaries.' The bill clearly defines a foreign adversary and stipulates that starting July 1, 2024, anyone owned or controlled by such a foreign adversary cannot acquire or own any interest in real property located within Kansas. This legislative act is part of a growing trend across states to safeguard local assets from foreign influence, particularly concerning national security issues.

Contention

While proponents argue that such measures are necessary for security and protection of state interests, critics may contend that the bill could unintentionally hinder legitimate foreign investments that contribute positively to the economy. Furthermore, the bill includes provisions for the Attorney General to investigate conveyances suspected of violating its terms, which raises questions about the balance between security and operational transparency in property transactions. The underlying tensions lie between the need for national security and the potential economic repercussions of isolating foreign investment.

Companion Bills

No companion bills found.

Previously Filed As

KS HB2397

Prohibiting conveyance of certain real property in this state to foreign adversaries.

KS SB283

Prohibiting conveyance of certain real property in this state to foreign adversaries.

KS HB2069

Senate Substitute for HB 2069 by Committee on Judiciary - Prohibiting conveyance of certain real property in this state to foreign adversaries.

KS HB2106

Relating to conveyances to foreign adversaries.

KS SB1023

Relating to conveyances to foreign adversaries.

KS SB916

Property; prohibiting control of certain real property by certain foreign adversaries. providing for acquisition and subsequent sale of certain property upon certain judicial determination. Effective date.

KS SB226

Prohibits foreign adversaries and prohibited foreign actors from participating in certain property transactions. (gov sig)

KS SB100

Prohibiting ownership in certain real property in this state by foreign individuals and entities.

KS SB446

Prohibiting acquisitions of ownership interests in certain Kansas real property by foreign individuals and entities unless authorized by the state land council and establishing the state land council.

KS HB2439

Property conveyance; foreign entities; prohibition

Similar Bills

LA HB537

Provides for a prohibition against foreign adversary purchasing, leasing, or acquiring land (EN GF EX See Note)

IL SB3494

FOREIGN ADVERSARY DIVESTMENT

IL SB2365

FOREIGN ADVERSARY DIVESTMENT

AZ SB1340

Public funds; foreign adversaries; divestment

AZ HB2542

State contracts; foreign adversary; prohibition

SC S0204

Alien Ownership of Real Property

AZ HB2696

Critical Infrastructure; foreign adversary; prohibition

LA SB226

Prohibits foreign adversaries and prohibited foreign actors from participating in certain property transactions. (gov sig)