Prohibiting foreign property ownership in Wyoming.

Wyoming's HB 116 restricts land ownership by specific foreign entities, including governments of Russia, China, or countries designated as state sponsors of terrorism, as well as foreign businesses and individuals from those countries. It prohibits ownership of land (except for personal residences under one acre) and requires existing foreign owners to sell their property within two years of the law's effective date. Owners must register their land with the Secretary of State annually, face a $5,000 daily penalty for non-compliance, and county tax notices must now include warnings about the ownership restrictions. The bill also mandates that tax assessment schedules inform property owners about the registration requirement.