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Senate adopts conference report on SB 17 to bar certain foreign interests from buying Texas land
Summary
The Texas Senate adopted the conference committee report on Senate Bill 17, a national-security-focused measure that narrows certain definitions, restores a limited homestead exemption for lawful residents and creates a governor designation and penalties for specified purchases or acquisitions of state real property.
The Texas Senate on the floor adopted the conference committee report on Senate Bill 17 after debate that, according to the bill sponsor, included hours of deliberations in both chambers.
Senator Lois Kolkhorst, the sponsor who moved adoption, told colleagues the conference report combines changes from the House and Senate versions to strengthen prohibitions on purchases of Texas land and natural resources by specified foreign adversaries or other designated entities. "This is a bill that keeps foreign adversaries, our enemies, from being able to buy Texas…
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