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356 BY STATE AFFAIRS COMMITTEE AN ACT RELATING TO STATE ASSETS;
356, 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, 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.
(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 land 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.
(5) A foreign principal that directly or indirectly owns or acquires agricultural land, 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, which, at a mini - mum, must include all of the following:
The department must establish a form for such registra - tion, which, at a minimum, must include all of the following:
(a) The name of the owner of the agricultural land or the owner of the interest in such land;
(a) The name of the owner of the agricultural land, 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 col - lection of debts, provided that the foreign principal sells, transfers, or otherwise divests itself of the agricultural land, mining claims, or mineral rights within one hundred eighty (180) days of acquiring the agricultural land, mining claims, or mineral rights.
(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 collection 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) Any current deeds, contracts, rental agreements, or other legal agreements in conflict with this law shall be deemed invalid from the date of adoption unless otherwise provided.
(9) The Idaho state department of agriculture and department of lands shall adopt rules, subject to legislative approval, to implement the provi - sions of this section.
(10) The Idaho state department of agriculture and department of lands shall adopt rules, subject to legislative approval, to implement the provi - sions of this section.
(10) The responsibility for determining whether an entity is subject to this section rests solely with the foreign entity, the attorney general, or any qualifying whistleblower, and no other individual or entity.
(11) The responsibility for determining whether an entity is subject to this section rests solely with the foreign entity, the attorney general, or any qualifying whistleblower, and no other individual or entity.
An indi - vidual or entity who is not a foreign entity shall not be required to deter - mine or inquire whether another person or entity is or may be subject to the provisions of this section and shall bear no civil or criminal liability un - der this section.
An indi - vidual or entity who is not a foreign entity shall not be required to deter - mine or inquire whether another person or entity is or may be subject to the provisions of this section and shall bear no civil or criminal liability un- der this section.
(11) If a foreign principal from a foreign adversary country does not divest the public or private lands, mining claims, or mineral rights as re- quired by this section, the attorney general shall commence an action in the district court within the jurisdiction of the public or private land, mining claims, or mineral rights.
(12) If a foreign principal from a foreign adversary country does not divest the public or private lands, mining claims, or mineral rights as re- quired by this section, the attorney general shall commence an action in the district court within the jurisdiction of the public or private land, mining claims, or mineral rights.
(12) If the public or private land is held in violation of this sec- tion, the district court shall order that the public or private land be sold through judicial foreclosure.
(13) If the public or private land is held in violation of this sec- tion, the district court shall order that the public or private land be sold through judicial foreclosure.
(13) Proceeds of the sale shall be disbursed to lienholders, in the or- der of priority, except for liens that, under the terms of the sale, are to remain on the public or private land.
(14) Proceeds of the sale shall be disbursed to lienholders, in the or- der of priority, except for liens that, under the terms of the sale, are to remain on the public or private land.
(14) Any individual may act as a whistleblower and provide a referral to the office of the attorney general for violations of this section.
(15) Any individual may act as a whistleblower and provide a referral to the office of the attorney general for violations of this section.
(15) 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.
(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) The whistleblower enforcement provision takes effect one hundred eighty (180) days after the enforcement date of this section.
(16) The whistleblower enforcement provision takes effect one hundred eighty (180) days after the enforcement date of this section.
(3) (18) As used in this section:
(3) (17) As used in this section:
(c) "Foreign adversary" means any foreign government or foreign non-government person engaged in a long-term pattern or serious in - stances of conduct significantly adverse to the national security of the United States or security and safety of United States persons as determined under 15 CFR 791.4.
(c) "Foreign adversary" means any foreign government or foreign non- government person engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States or security and safety of United States persons as determined un - der 15 CFR 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).
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