Bills would restrict foreign acquisition of land in Utah

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Bills would restrict foreign acquisition of land in Utah
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A House panel unanimously advanced a bill aimed at blocking certain foreign entities from acquiring Utah land in the name of national security.

“To be put on this list, to be a restricted foreign entity, in this specific case, it would be China, the actual government of China, or one of their Chinese military companies,” the bill’s sponsor said.

“If they these entities currently own land, they would have five years to sell it or get rid of it,” she told the House Government Operations Committee Friday. “But if they don’t, it would return back to the state.” But Pierucci assured the bill would not affect Chinese nationals’ ability to acquire land unless they were working for a company that was acting on behalf of the Chinese government.

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