Update a federal reference in the Foreign-owned Real Estate National Security Act and prohibit ownership of real estate in adversary nations by the state and any political subdivision thereof

Summary

The bill revises Nebraska’s Foreign‑owned Real Estate National Security Act, updating definitions and federal references, and adds a prohibition that the state and any local government cannot hold real estate in designated adversary countries. It also clarifies restrictions on foreign corporations, foreign governments, and non‑resident aliens buying Nebraska property. The measure failed after being indefinitely postponed.

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