H 356 — 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.

356356, As Amended in the Senate BY STATE AFFAIRS COMMITTEE AN ACT RELATING TO STATE ASSETS;

(4) A foreign principal that directly or indirectly owns or otherwise controls agricultural land, water rights, mining claims, or mineral rights in the state of Idaho must sell, transfer, or otherwise divest itself of the agricultural land, mining claims, or mineral rights within one hundred eighty (180) days of the effective date of this act.

(5) A foreign principal that directly or indirectly owns or acquires agricultural landland, water rights, or any interest in such land in this state must register with the Idaho state department of agriculture within sixty (60) days of the effective date of this act or the date of acquisition, whichever is latest.

The department must establish a form for such registration,registra - tion, which, at a miniminimum, - mum, must include all of the following:

(a) The name of the owner of the agricultural landland, water rights, or the owner of the interest in such land;

(7) Notwithstanding the provisions of subsection (3) of this section, a foreign principal from a foreign adversary country may acquire agricultural land, mining claims, or mineral rights on or after July 1, 2025, by devise or descent, through the enforcement of security interests, or through the colcollection - lection of debts, provided that the foreign principal sells, transfers, or otherwise divests itself of the agricultural land, water rights, mining claims, or mineral rights within one hundred eighty (180) days of acquiring the agricultural land, mining claims, or mineral rights.

(9) AnyThe currentIdaho deeds,state contracts,department rentalof agreements,agriculture orand otherdepartment legalof agreementslands inshall conflictadopt withrules, thissubject lawto shalllegislative beapproval, deemedto invalidimplement from the dateprovi of- adoptionsions unlessof otherwisethis provided.section.

(10) The Idahoresponsibility statefor departmentdetermining ofwhether agriculturean andentity departmentis ofsubject landsto shallthis adoptsection rules,rests subjectsolely towith legislativethe approval,foreign toentity, implement the proviattorney -general, sionsor ofany thisqualifying section.whistleblower, and no other individual or entity.

(11)An Theindi responsibility- forvidual determiningor whetherentity anwho is not a foreign entity isshall subjectnot be required to thisdeter section- restsmine solelyor withinquire thewhether foreignanother entity,person theor attorneyentity general,is or anymay qualifyingbe whistleblower,subject to the provisions of this section and noshall otherbear individualno civil or entity.criminal liability un - der this section.

An(11) indiIf -a vidualforeign orprincipal entityfrom who is not a foreign entityadversary shallcountry does not bedivest requiredthe topublic deteror -private minelands, mining claims, or inquiremineral whetherrights anotheras personre- orquired entityby isthis orsection, maythe beattorney subjectgeneral toshall thecommence provisionsan ofaction thisin sectionthe anddistrict shallcourt bearwithin nothe civiljurisdiction of the public or criminalprivate liabilityland, un-mining derclaims, thisor section.mineral rights.

(12) If a foreign principal from a foreign adversary country does not divest the public or private lands,land miningis claims,held orin mineralviolation rightsof as re- quired by this section,sec- thetion, attorney general shall commence an action in the district court withinshall theorder jurisdictionthat of the public or private land,land miningbe claims,sold orthrough mineraljudicial rights.foreclosure.

(13) IfProceeds of the publicsale orshall privatebe landdisbursed isto heldlienholders, in violationthe or- der of thispriority, sec-except tion,for theliens districtthat, courtunder shallthe orderterms thatof the publicsale, orare privateto landremain beon soldthe throughpublic judicialor foreclosure.private land.

(14) ProceedsAny ofindividual themay saleact shallas bea disbursedwhistleblower toand lienholders,provide ina thereferral or-to der of priority, except for liens that, under the termsoffice of the sale,attorney aregeneral tofor remainviolations onof thethis publicsection. or private land.

(15) AnyIf individuala maywhistleblower actreferral asresults in a divestiture of land, min- ing claims, or mineral rights or other assets held in violation of this sec - tion, the whistleblower andshall providebe entitled to a referralreward equal to thirty percent (30%) of the officeproceeds of the attorneyland, generalmining forclaims, violationsmineral rights, or asset sale resulting from a violation of this section.section after payment of lienhold - ers.

(16) If a whistleblower referral results in a divestiture of land, min- ing claims, or mineral rights or other assets held in violation of this sec - tion, the whistleblower shall be entitled to a reward equal to thirty percent (30%) of the proceeds of the land, mining claims, mineral rights, or asset sale resulting from a violation of this section after payment of lienhold - ers.

(17)(16) The whistleblower enforcement provision takes effect one hundred eighty (180) days after the enforcement date of this section.

(3) (18)(17) As used in this section:

(c) "Foreign adversary" means any foreign government or foreign non-governmentnon- government person engaged in a long-term pattern or serious ininstances - stances of conduct significantly adverse to the national security of the United States or security and safety of United States persons as determined underun - der 15 CFR 791.4.791.4, as it existed on January 1, 2025.

The list of foreign adversaries provided in 15 CFR 791.4, as it existed on January 1, 2025, includes the People's Republic of China, including the Hong Kong special administrative re- gion (China);

the Republic of Cuba (Cuba);

the Islamic Republic of Iran (Iran);

the Democratic People's Republic of Korea (North Korea);

the Russian Federation (Russia);

and Venezuelan politician Nicolás Maduro (Maduro regime).