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ARIZONA HOUSE OF REPRESENTATIVES57th Legislature, 2nd Regular Session |
Senate: FED DPA 4-3-0-0 | Third Read 16-11-3-0-0 |
SB 1075: foreign entities; land; review commission
Sponsor: Senator Finchem, LD 1
Committee on Land, Agriculture & Rural Affairs
Overview
Establishes the Foreign Entity Review Commission (Commission) within the Arizona Department of Real Estate (ADRE). Prohibits the conveyance of land, and the sale, lease or sublease of state land, to a hostile foreign entity without Commission approval.
History
ADRE regulates real estate, cemetery and membership camping brokers and salespersons. ADRE also regulates the sale of subdivisions, unsubdivided lands, timeshares, condominiums, membership campgrounds and cemeteries (ADRE).
The State Land Department (SLD) administers laws related to lands owned by, belonging to and under control of the state, which includes both trust land and sovereign land. The SLD also manages and controls the products and uses of state land including timber, stone, gravel, grazing and farming (A.R.S. § 37-102).
Section 108B of the National Security Act of 1947 requires the U.S. Director of National Intelligence (DNI), in coordination with the heads of intelligence community elements, to submit an Annual Report on Worldwide Threats, also called an annual threat assessment (ATA), to appropriate congressional committees. ATAs assess worldwide threats to national security and must be submitted by the first Monday in February annually. ATAs are presented in unclassified form, but they may include a classified annex to protect intelligence sources and methods. The most recent ATAs identified China, Russia, Iran and North Korea as countries that pose a risk to the national security of the United States (50 U.S.C. § 3043b)(U.S. DNI ATA 2022, 2023, 2024, 2025).
Provisions
1. Prohibits the conveyance of land to a hostile foreign entity without the approval of the Commission. (Sec. 1)
2. Requires a grantor and the grantor's agent submit valid identification of a grantee to ADRE. (Sec. 1)
3. Stipulates, if a grantee is not a natural person, that valid identification of the grantee's agent, the grantee's name and the principal place of business are valid identification. (Sec. 1)
4. Directs a grantor, the grantor's agent and ADRE to maintain copies of the aforementioned identification information. (Sec. 1)
5. Stipulates an identification is deemed valid unless it can be determined on its face to be expired. (Sec. 1)
6. Establishes the Commission. (Sec. 1)
7. Prescribes Commission membership, term limits, meeting requirements and duties. (Sec. 1)
8. Outlines penalties for violations of this legislation. (Sec. 1, 3)
9. Prohibits the sale, lease or sublease of state lands to a hostile foreign entity without the approval of the Commission. (Sec. 3)
10. Allows the Commissioner of the SLD to refer proposed sales, leases or subleases of state lands to a foreign entity to the Commission. (Sec. 3)
11. Defines pertinent terms. (Sec. 1, 3)
12. Makes technical and conforming changes. (Sec. 1, 2, 3)
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Initials CW/RS SB 1075
3/10/2026 Page 0 Land, Agriculture & Rural Affairs
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