Senate Amendment 7
S 576 - Session 125 (2023-2024)
Alien Ownership of Real Property

Senator Martin proposes the following amendment (SR-576.JG0041S):

Amend the bill, as and if amended, SECTION 1, by striking Section 27-13-30(D) and inserting:

(D) The provisions of subsection (C) do not apply to a citizen of a foreign adversary who:

(1) also is a citizen of the United States; or

(2) resides in the United States, and

(a) possesses a valid green card as a lawful permanent resident, and

(b) acquires no more than:

( i) five acres for residential or recreational use, or

(ii) five tax parcel properties that do not exceed in the cumulative twenty-five acres for commercial use as a landlord or property manager.