Alien ownership; criminal penalty; definitions; agricultural land; divestment; effective date.
Second Reading referred to Rules
Summary
The bill makes it a felony for a prohibited foreign party—or anyone acting as its agent, trustee, or fiduciary—to own, lease, or otherwise control land in Oklahoma, with up to $15,000 in fines and two years in prison. It also revises several definitions, including what counts as agricultural land, controlling interest, critical infrastructure, and various foreign entities. The changes aim to tighten restrictions on foreign influence over Oklahoma property, especially land tied to food production and essential services.
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