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STATE OF OKLAHOMA
1st Session of the 59th Legislature (2023)
SENATE BILL 1051 By: Jett
AS INTRODUCED
An Act relating to property; amending 60 O.S. 2021,
Sections 121 and 122, which relate to alien ownership
of land; prohibiting certain ownership of land
through business entity or trust; modifying exception
to certain ownership requirements; making language
gender neutral; updating statutory reference; and
providing an effective date .
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 60 O.S. 20 21, Section 121, is
amended to read as follows:
Section 121. No alien or any person who is not a citizen of the
United States shall acqui re title to or own land in the State of
Oklahoma this state either directly or indirectly 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 accorded a citizen of the
United States under the laws of the nation to which such alien
belongs, or by the treaties of such nation with the United States,
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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.
SECTION 2. AMENDATORY 60 O.S. 20 21, Section 122, is
amended to read as follows:
Section 122. This article shall not ap ply to lands now owned in
this state by aliens so long as they are held by the present 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 voting stock or equ ivalent
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 sa me terms as citizens of the State of Oklahoma
during the continuance of such bona fide residence o f such alien in
this state: Provided, that if any such resident alien shall cease
to be a bona fide inhabitant of this stat e, 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. This act shall become effective November 1, 2023.
59-1-72 TEK 1/19/2023 1:04:05 PM