STATE ASSETS – Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.

This Idaho bill restricts foreign governments and entities from "foreign adversary countries" from owning or controlling agricultural land, water rights, mining claims, or mineral rights near military bases. It requires existing foreign-owned properties to be sold within 180 days, mandates registration for new acquisitions, and creates a whistleblower program offering 30% of sale proceeds for reporting violations. The law directly affects foreign entities seeking to purchase or hold these specific assets in Idaho. Key mechanisms include ownership bans, registration deadlines, and enforcement through the attorney general's office, with penalties including judicial foreclosure for non-compliance.