AN ACT PROHIBITING THE OWNERSHIP, POSSESSION OR ACQUISITION OF INTERESTS IN REAL PROPERTY UPON OR ABUTTING MILITARY INSTALLATIONS OR AGRICULTURAL LANDS BY CERTAIN FOREIGN ENTITIES.
What changed between versions
Reorganized the definition of 'foreign principal' to use clearer lettered and numbered subdivisions for better readability.
Changed the affidavit language from 'signed under penalty of perjury' to 'under penalty of perjury' for clarity.
Added a new requirement for foreign principals to notify the Adjutant General at least 30 days before purchasing property within three miles of a military installation.
Expanded forfeiture provisions to include properties where the Adjutant General recommended against prospective purchase, not just properties already acquired in violation of the law.
Reorganized enforcement authority to clearly distinguish between forfeiture of acquired property versus recommended-against prospective purchases.
Changed page headers from 'Committee Bill' to 'Substitute Bill' and updated LCO numbers to reflect the final version.