Alaska Attorney General targets land held by foreign citizens under new law

The Alaska State Legislature has introduced Senate Bill 139, a significant piece of legislation aimed at regulating land ownership and addressing national security concerns. Introduced on March 19, 2025, the bill seeks to prevent individuals from certain foreign nations from acquiring land in Alaska, specifically targeting citizens of China, Iran, North Korea, and Russia.

The primary provisions of SB 139 include a prohibition on land purchases by individuals from these countries, even if they hold U.S. citizenship. This measure is designed to safeguard sensitive military installations and critical infrastructure within the state. The bill also outlines the process for investigating and enforcing violations, granting the attorney general the authority to investigate suspected breaches and pursue forfeiture of land held in violation of the law.

Notably, the bill exempts residential leases and dwelling units from these restrictions, focusing instead on larger land acquisitions that could pose security risks. The legislation has sparked debates among lawmakers, with proponents arguing that it is essential for protecting national interests, while opponents raise concerns about potential discrimination and the implications for U.S. citizens of foreign descent.

The economic implications of SB 139 could be substantial, as it may deter foreign investment in Alaska's real estate market. Critics warn that such restrictions could lead to a chilling effect on property values and economic growth, particularly in areas reliant on foreign investment.

As the bill progresses through the legislative process, its future remains uncertain. Experts suggest that further amendments may be necessary to address concerns raised during discussions, particularly regarding the balance between national security and property rights. The outcome of SB 139 could set a precedent for how states manage foreign ownership of land, making it a pivotal moment in Alaska's legislative history.