H.B. 218
LEGISLATIVE GENERAL COUNSEL
6 Approved for Filing: E.A. Evans 6
6 01-16-23 5:28 PM 6
H.B. 218
1 FOREIGN GOVERNMENT LAND POSSESSI ON
2 REQUIREMENTS
3 2023 GENERAL SESSION
4 STATE OF UTAH
5 Chief Sponsor: Kay J. Christofferson
6 Senate Sponsor: ____________
7
8LONG TITLE
9General Description:
10 This bill addresses foreign government real property interests.
11Highlighted Provisions:
12 This bill:
13 <defines terms; and
14 <prohibits a foreign government or an entity under a foreign government's control
15from holding an interest in real property in the state.
16Money Appropriated in this Bill:
17 None
18Other Special Clauses:
19 None
20Utah Code Sections Affected:
21ENACTS:
22 57-30-101, Utah Code Annotated 1953
23 57-30-201, Utah Code Annotated 1953
24
25Be it enacted by the Legislature of the state of Utah:
26 Section 1. Section 57-30-101 is enacted to read:
27 CHAPTER 30. FOREIGN GOVERNMENT REAL P ROPERTY INTERESTS
*HB0218* H.B. 218 01-16-23 5:28 PM
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28 Part 1. General Provisions
29 57-30-101. Definitions.
30 As used in this chapter, "foreign government" means a government other than the
31government of:
32 (1) the United States;
33 (2) a state within the United States;
34 (3) a territory or possession of the United States; or
35 (4) a political subdivision of the state.
36 Section 2. Section 57-30-201 is enacted to read:
37 Part 2. Foreign Government Real Property Interests
38 57-30-201. Prohibition on foreign governments holding an interest in real
39property.
40 (1) Except as provided in Subsection (3), a foreign government, or an entity that is
41owned, controlled, operated, or maintained by a foreign government, may not purchase,
42acquire, lease, or hold any interest in real property in the state.
43 (2) A transfer of an interest in violation of this section is void.
44 (3) This section:
45 (a) does not apply to an interest held in real property before May 3, 2023; and
46 (b) is subject to any treaty between the United States and another country.