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HB 24-1238

signed

Foreign Government Ownership of Real Property

Plain-English Summary

AI-generated

House Bill 24-1238 requires foreign governments designated by the U.S. Secretary of State as state sponsors of terrorism to register with the Colorado Secretary of State if they own real property in Colorado. They must either register by March 1, 2025, or within 60 days of acquiring such property. This bill affects any foreign government listed as a sponsor of terrorism that owns land in Colorado. Since the bill has been signed into law, it is now enforceable and these governments are expected to comply with the registration requirements.

Official Summary

The bill requires, no later than March 1, 2025, or 60 days after acquiring a real property interest in the state, a foreign government of any country determined by the United States secretary of state to be a state sponsor of terrorism that owns a real property interest in the state to register with the Colorado secretary of state. (Note: This summary applies to this bill as introduced.)

Details

Chamber
House
First action
2024-05-14
Latest action
2024-02-12
Last action desc.
Introduced In House - Assigned to State, Civic, Military, & Veterans Affairs
OpenStates
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