Governor Signed
Summary
The bill lowers the ownership threshold that makes a company a "restricted foreign entity" from 51% to 25% and bars such entities from buying Utah land. The Department of Public Safety must keep a public list, investigate suspected transactions, and can fine non‑responding parties. It also requires the attorney general to work with the state’s facilities division when a restricted foreign interest is sold.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 291 changes status, plus AI-powered summaries and stage predictions.
Sign up free