ARIZONA HOUSE OF REPRESENTATIVES

57th Legislature, 2nd Regular Session

Majority Research Staff

House: LARA DP 5-3-0-0

☐ Prop 105 (45 votes) ☐ Prop 108 (40 votes) ☐ Emergency (40 votes) ☐ Fiscal Note

HCM2005: property ownership; communist country; restrictions

Sponsor: Representative Griffin, LD 19

Committee on Land, Agriculture & Rural Affairs

Overview

Urges the United States Congress to study and consider enacting legislation to restrict the ownership of real property by foreign governments operating under communist or authoritarian systems.

History

Federal law authorizes the Committee on Foreign Investment in the United States to review foreign acquisitions, mergers, takeovers and real estate transactions. Currently, no federal law comprehensively regulates all foreign purchases of U.S. real property (50 U.S.C. § 4565)(Library of Congress).

Provisions

1.   Urges the United States Congress to study and consider enacting legislation to regulate or restrict the ownership of real property in the United States by foreign governments operating under communist or authoritarian systems.

2.   Requests that the Secretary of State of the State of Arizona transmit copies of this memorial to each Member of Congress from the State of Arizona.

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6.   Initials CW/HC               HCM 2005

7.   1/29/2026  Page 0 Land, Agriculture & Rural Affairs

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