SENATE FLOOR VERSION - SB212 SFLR Page 1 (Bold face denotes Comm ittee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION February 14, 2023 AS AMENDED SENATE BILL NO. 212 By: Bullard of the Senate and Humphrey of the House [ property - ownership of land - affidavit - Citizen Land Ownership Unit of the Office of the Attorney General - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 60 O.S. 2021, Section 121, is amended to read as follows: Section 121. A. No alien or any person who is not a citizen of the United States shall acquire title to or own land in the State of Oklahoma this state either directly or i ndirectly through a business entity or trust, except as hereinafter provided, but he or she shall have and enjoy in the State of Oklahoma this state such rights as to personal property as are, or shall be accor ded a citizen of the United States under the l aws of the nation to which such alien belongs, or by the treaties of such nation with the United States, except as the same may be affected by the provisions of this act Section 121 et seq. of this title or the Constitution of this state. SENATE FLOOR VERSION - SB212 SFLR Page 2 (Bold face denotes Comm ittee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Provided, however, the requirements of th is subsection shall not apply to a business entity that has legally operated in the United States for a minimum of twenty (20) years. B. On or after the effective date of this act , any deed recorded with a county clerk shall include as an exhibit to the deed an affidavit executed by the person or entity coming into title attesting that the person, business entity, or trust is obtaining the land in compliance with the requirements of this section and that no funding source is being used in the sale or transfer in violation of this section or any other state or federal law. The Attorney General shall promulgate a separate affidavit form for individuals and for business entities or trusts to comply with the requirements of this section. SECTION 2. AMENDATORY 60 O.S. 2021, Section 122, is amended to read as follows: Section 122. This article shall not a pply to lands now owned in this state by aliens so long as they are held by the pr esent owners, nor to any alien who is or shall take up bona fide residence in this state: and; provided, that any alien who is or shall becom e a bona fide resident of the State of Oklahoma, or any lawfully recognized business entity, the majority of the vo ting stock or equivalent controlling equity in terest of which is owned by one or more resident aliens, shall have the right to acquire and ho ld lands in this state upon the s ame terms as citizens of the State of Oklahoma SENATE FLOOR VERSION - SB212 SFLR Page 3 (Bold face denotes Comm ittee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 during the continuance of such bona fide residence of such a lien in this state: Provided, that if any such resident alien shall cease to be a bona fide inhabitant resident of this state, such alien shall have five (5) years from the time he or she ceased to be such bona fide resident in which to alienate such lands. SECTION 3. AMENDATORY 60 O.S. 2021, Section 125, is amended to read as follows: Section 125. A. It shall be the duty o f the Attorney General or the district attorney of the county where the land is situate, when he or she shall be informed or have reason to believe that any lands in the state are being held contrary to the provisions of this act, or the provisions of the Constitution of this state, to institute suit in behalf of the State of Oklahoma in the district court of the county in which said the lands are situate, pr aying for the escheat of the same in behalf of t he state, and proceed therein as in cases provided b y law for escheats of lands or property where such property has no known owner : Provided, that before . Before any such suit is instituted, the Attorney General , or district attorney aforesaid, as the case may be, shall give thirty (30) days’ notice by registered letter of his or her intention to sue, directed to the owner of the lands, at his the last-known post office address , or to the persons who last rendered the same for ta xes, or to any known agents of the owner; proof of having mailed such registere d letter SENATE FLOOR VERSION - SB212 SFLR Page 4 (Bold face denotes Comm ittee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 shall be deemed and held prima facie evidence of the giving of such notice. B. There is hereby created with in the Office of the Attorney General a Citizen Land Ownersh ip Unit to enforce the provisions of this act. SECTION 4. This act shall become effective November 1, 2023. COMMITTEE REPORT BY: COMMITTEE ON JUDICIARY February 14, 2023 - DO PASS AS AMENDED