SB 17 – Hostile Foreign Property Ownership

SB 17 is a prudent measure that seeks to protect Texas’ economic and national security interests by preventing hostile foreign entities from acquiring key real property and natural resources. This safeguards long-term economic stability, prevents foreign exploitation or reliance, and protects against hostile entities with deep pockets and financial backing from buying up land or homes, taking away opportunities for citizens or future citizens. Ultimately, SB 17 reinforces economic sovereignty and national security.