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Panel advances bill establishing process to divest property owned by foreign governments
Summary
Senate Bill 1149, advanced by the House State Affairs Committee, would give the attorney general authority to investigate alleged foreign-government ownership of Idaho property and seek receivership and sale; title companies sought the fix after uncertainty under existing law.
The House State Affairs Committee voted to send Senate Bill 1149 to the House floor with a due-pass recommendation after hearing from the bill sponsor and industry representatives who helped draft the measure.
Representative Boyle (representing Judy Boyle, District 9) described the bill as filling a gap left by earlier legislation that prohibited foreign governments from owning agricultural land, forest land, water rights or mineral rights but did not prescribe a remedy when such ownership occurred. She said the current bill “sets out the process” for dealing with those…
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