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LB 1301 - Establishes the Foreign-owned Real Estate National Security Act and Outlines Provisions for Foreign Ownership of Property - Nebraska Key Vote

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Title: Establishes the Foreign-owned Real Estate National Security Act and Outlines Provisions for Foreign Ownership of Property

Signed by Governor Jim Pillen


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Title: Establishes the Foreign-owned Real Estate National Security Act and Outlines Provisions for Foreign Ownership of Property

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Foreign-owned Real Estate National Security act in Nebraska and outlines procedures and their changes for foreign ownership of property.

Highlights:

  • Establishes the Foreign-owned Real Estate National Security Act (Sec. 1). 

  • Defines nonresident alien (Sec. 1). 

  • Amends provisions relating to nonresident aliens taking property by succession or testamentary disposition (Sec. 1). 

  • Amends and repeals provisions relating to foreign ownership of real property in Nebraska (Sec. 1). 

  • Amends provide duties for the Department of Agriculture and Attorney General of Nebraska (Sec. 1).

Full Bill Text

Title: Establishes the Foreign-owned Real Estate National Security Act and Outlines Provisions for Foreign Ownership of Property

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