All Roll Calls
Yes: 151 • No: 11
IdahoH 03562025 regular legislative sessionHouseWALLET
STATE ASSETS – Amends and adds to existing law to revise provisions regarding who may own certain property, to provide for prohibition on lease or purchase of certain land or dwellings, and to provide for prohibition on access to state assets.
Sponsored By: STATE AFFAIRS COMMITTEE
Signed by Governor
STATE ASSETS
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Property limits for certain foreign owners
Beginning July 1, 2025, foreign principals from designated foreign adversary countries cannot buy, hold, rent, or control property inside Idaho's defined military-area boundary. Those already controlling covered property must sell or otherwise give up control within 180 days after July 1, 2025. Later acquisitions through inheritance, enforcement of a security interest, or debt collection require giving up control within 180 days of acquisition. For missed deadlines, the attorney general must sue, and the court must order a foreclosure sale. Foreign pension funds and federally cleared entities with a national security agreement in place by July 1, 2025, are exempt.
Cash rewards for reporting prohibited ownership
Beginning December 28, 2025, anyone can report violations of Idaho's foreign property-control restrictions to the state attorney general. You qualify for a reward if your report leads to the required sale or transfer of illegally held assets. The reward equals 30% of land-sale proceeds remaining after sale costs, approved state investigation and court costs, and valid liens. Any proceeds left after the reward go to the restricted foreign entity.
Nonforeign parties avoid ownership-check liability
Beginning July 1, 2025, people and entities that are not foreign entities have no duty to check another party's status. They do not have to determine whether Idaho's foreign property-control restrictions cover that party. They also cannot face civil or criminal liability under this section.
Sponsors & Cosponsors
Sponsor
STATE AFFAIRS COMMITTEE
Affiliation unavailable
Cosponsors
Ted Hill
Republican • House
Josh Keyser
Republican • Senate
Roll Call Votes
House vote • 4/4/2025
House Floor Vote
Yes: 64 • No: 0
Senate vote • 4/3/2025
Senate Floor Vote
Yes: 30 • No: 2
House vote • 3/14/2025
House Floor Vote
Yes: 57 • No: 9
Actions Timeline
Reported Signed by Governor on April 14, 2025 Session Law Chapter 326 Effective: 07/01/2025
4/4/2025Delivered to Governor at 2:02 p.m. on April 4, 2025
4/4/2025Returned Signed by the President; Ordered Transmitted to Governor
4/4/2025SenateSigned by President; returned to House
4/4/2025SenateReceived from the House enrolled/signed by Speaker
4/4/2025SenateReported Enrolled; Signed by Speaker; Transmitted to Senate
4/4/2025HouseRules Suspended: Ayes 61 Nays 0 Abs/Excd 9, read in full as required – PASSED - 64-0-6
4/4/2025HouseRead second time as amended in Senate; Filed for Third Reading
4/4/2025HouseRead first time as amended in Senate; Filed for Second Reading
4/3/2025HouseReported Engrossed; Filed for First Reading of Engrossed Bills
4/3/2025HouseBills as Amended Referred to JRA for Engrossing
4/3/2025HouseReturned from the Senate Amended; Held at Desk
4/3/2025HouseHouse Concurred in Senate Amendments
4/3/2025HouseReturned from the Senate Amended; Held at Desk
4/3/2025HouseRules Suspended (2/3 Vote - Read in full as required) – PASSED - 30-2-3
4/3/2025SenateRead first time as amended in the Senate; Filed for Second Reading
4/3/2025SenateAmendments reported printed
4/3/2025SenateReported out as amended; filed for first reading
4/3/2025SenateAmendments ordered printed
4/3/2025SenatePlaced in the Committee of the Whole
4/3/2025SenateReferred to 14th Order for amendment
4/2/2025SenateRead third time in full – Retained on calendar
4/2/2025SenateRead second time; filed for Third Reading
4/1/2025SenateReported out of Committee with Do Pass Recommendation; Filed for second reading
3/31/2025SenateIntroduced, read first time; referred to: State Affairs
3/17/2025Senate
Bill Text
Amendment
Bill Text
Engrossment 1
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