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ARIZONA STATE SENATE
Fifty-Sixth Legislature, First Regular Session
land sales; foreign entities; prohibition
Purpose
Prohibits the sale of state lands to a foreign entity and defines foreign entity as a foreign government or a state-controlled enterprise of a foreign government.
Background
The State Land Department may allow state lands to
be sold, if the sale is not prohibited by law, upon receiving an application or
on the commissioner's initiative (A.R.S. § 37-233). A person over 18 years of age may purchase any of the state lands by
submitting a verified written application to the State Land Department. The
application must include the applicant's: 1) name; 2) age;
3) residence; and 4) the description of the land to be purchased (A.R.S. §§ 37-231
and 37-232).
Corporations or associations not qualified to transact business in Arizona may
not purchase, lease or sublease state lands (A.R.S. § 37-240).
There is no anticipated fiscal impact to the state General Fund associated with this legislation.
Provisions
1. Prohibits the sale of state lands to a foreign entity.
2. Defines foreign entity as a foreign government or a state-controlled enterprise of a foreign government.
3. Specifies that a foreign entity does not include the U. S. government or its states, territories or possessions.
4. Removes the prohibition of leases and subleases of state lands to corporations or associations not qualified to transact business in Arizona.
5. Makes technical and conforming changes.
6. Becomes effective on the general effective date.
Prepared by Senate Research
January 27, 2023
AN/slp