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Committee advances bill creating process for property held by foreign governments
Summary
The committee advanced Senate Bill 1149, which would allow the attorney general to investigate and seek receivership over land owned by foreign governments in violation of existing Idaho law; title-industry witnesses explained how the bill would provide a remedy and addressed concerns about lien holders and closing requirements.
The House State Affairs Committee voted to send Senate Bill 1149 to the floor with a due pass recommendation after hearing sponsor remarks and testimony from the title industry.
Representing sponsor Judy Boyle, the presenter told the committee the bill seeks to fill a gap in state law by establishing a process when a foreign government owns Idaho property in violation of the existing statute that bars foreign-government ownership of agricultural land, forest land, water rights or mineral rights.
Bob Rice, president of the Idaho Land Title Association, testified that title companies and closing agents have struggled with what to do when ownership…
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