Natural resources: other; acquisition of mineral rights by certain foreign entities; prohibit. Creates new act. TIE BAR WITH: HB 4274'25

HB 4275, the "mineral rights protection act," bans certain foreign entities from buying or taking control of mineral rights in Michigan. It specifically targets "disqualified persons," defined as foreign entities of concern (as per federal law), entities controlled by such countries, or citizens of those countries, and directly affects their ability to own rights to extract minerals like oil, gas, coal, or metals. Violators face fines up to $1 million, potential seizure of illegally acquired mineral rights, and prosecution by the Attorney General. The law would take effect 90 days after enactment, contingent on a related bill (HB 4274) also passing.