I signed into law the TOUGHEST BAN in America to keep foreign adversaries off Texas soil.

Hostile foreign nations like China, Russia, Iran, and North Korea are prohibited from buying or owning land in Texas. https://t.co/aHwCNgdICI

— Greg Abbott (@GregAbbott_TX) June 27, 2025

Now, to make sure loop holes are closed. It would be unfortunate if they can just get around it with a simple incorporation.

Can we prevent liberals from California moving here?

They wouldn't have a leg to stand on. Oh…wait…

but but Abbott almost took away muH weed..Also, insert wheelchair joke here.

Will be almost impossible to enforce, but good idea.

Ok good but what about the land purchases prior to this law?

I have a feeling this won't pass constitutional muster

DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

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I don't think Texas is not the first state to do this.

fixer said:

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Ok good but what about the land purchases prior to this law?

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Take it by force

fixer said:

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Ok good but what about the land purchases prior to this law?

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One of the few times I'd be in favor of eminent domain...

**** yeah

Picard said:

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fixer said:

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Ok good but what about the land purchases prior to this law?

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Take it by force

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Give them six months to sell it and if they don't, just take it.

Deus Vult said:

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DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

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I don't think Texas is not the first state to do this.

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Who else has?

Arkansas did it a while back.

Does that include digging into investors in LLCs and other such structures?

I'm guessing anyone from those countries that want to buy land here will be able to do so with minimal effort,

chris1515 said:

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Does that include digging into investors in LLCs and other such structures?

I'm guessing anyone from those countries that want to buy land here will be able to do so with minimal effort,

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I believe that is covered by the Corporate Transparency Act. This is from my attorney's website.

Sorry for the length…

"Tuesday, January 16th, 2024

This publication is intended to notify you of a significant change in federal law that will impact nearly everyone operating a business through a legal entity such as a corporation, limited liability company, limited partnership or other similar entity. The Corporate Transparency Act (the "CTA") is now in effect as of January 1, 2024, and all required companies should be prepared to comply with the new reporting requirements.

In an effort to combat money laundering, terrorism financing, and other illegal activities, Congress passed the CTA, which requires certain non-exempt companies ("Reporting Companies") to file a Beneficial Ownership Information Report ("BOI Report") with the Department of Treasury's Financial Crimes Enforcement Network ("FinCEN"). The BOI Report filed with FinCEN should contain information about the reporting company itself and identifying information about every person who is a beneficial owner or who controls the Reporting Company, as well as any person who forms or registers a Reporting Company. The penalties for noncompliance include civil and criminal penalties for anyone who willfully fails to report or update BOI information or provides false information in a BOI Report. Civil Penalties include a $500 fine per day (not to exceed $10,000) and criminal penalties include imprisonment for up to two years.

Deadlines to File BOI Report



Date of Formation Deadline
Reporting Companies Created Before January 1, 2024. No later than January 1, 2025
Reporting Companies Created/Registered on or After January 1, 2024, and Before January 1, 2025 Within 90 calendar days of the earlier of the date on which the reporting company receives actual notice that its creation/registration has become effective OR the date a secretary of state (or similar office) first provides public notice, such as through a publicly-accessible registry, that the domestic company has been created or the foreign reporting company has been registered.
Reporting Companies Created/ Registered on or After January 1, 2025. Within 30 calendar days of the earlier of the date on which the reporting company receives actual notice that its creation/registration has become effective OR the date a secretary of state (or similar office) first provides public notice, such as through a publicly-accessible registry, that the domestic company has been created or the foreign reporting company has been registered.
Updating Prior Reports Within 30 calendar days of the date of change of any information previously provided to FinCEN.
Correcting Prior Reports Within 30 calendar days of the date the reporting company becomes aware, or has reason to know, that any required information contained in any report was inaccurate when filed and remains inaccurate.


FinCEN believes these deadlines will provide sufficient time for reporting companies to understand how to comply with any regulatory obligations. Nonetheless, navigating the CTA may take substantial time and effort as it will require a fact-specific inquiry into any applicable CTA exemptions and requirements, company structures, ownership control features, and much more. To obtain more information or seek assistance in navigating the CTA, please contact your Sprouse Shrader Smith attorney.

Additional information regarding the BOI Reports and the reporting requirements may also be found on the FinCEN website.

This publication provides only a general summary of the Corporate Transparency Act and its requirements and is not intended to, and does not, provide legal, compliance or other advice to any individual or entity."

So has Missouri I believe.

Outstanding Abbott!

The Woodlands is full of house parties in celebration of the Governor's policy. Viva Abbott!

Nm

The easiest way to get around it is to lease the property. I don't think that is covered by the law.

Deus Vult said:

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DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

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I don't think Texas is not the first state to NOT do this.

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I fixed it. I went triple negative that way it is actually meant the way you intended. Assuming you were saying "Texas is not the first state to do this" and not "Texas is the first to do this."

Wait… without the quotation marks those are two different things but it actually gets phrased exactly the same.

You should have just left out the double negative and stuff with:

Texas is not the first

Double negatives are bad. Don't use them.

CrackerJackAg said:

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Deus Vult said:

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DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

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I don't think Texas is not the first state to NOT do this.

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I fixed it. I went triple negative that way it is actually meant the way you intended. Assuming you were saying "Texas is not the first state to do this" and not "Texas is the first to do this."

Wait… without the quotation marks those are two different things but it actually gets phrased exactly the same.

You should have just left out the double negative and stuff with:

Texas is not the first

Double negatives are bad. Don't use them.

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So, double negatives are a no-no?

Gunny456 said:

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So has Missouri I believe.

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Really?

Show Me.

IIIHorn said:

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CrackerJackAg said:

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Deus Vult said:

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DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

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I don't think Texas is not the first state to NOT do this.

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I fixed it. I went triple negative that way it is actually meant the way you intended. Assuming you were saying "Texas is not the first state to do this" and not "Texas is the first to do this."

Wait… without the quotation marks those are two different things but it actually gets phrased exactly the same.

You should have just left out the double negative and stuff with:

Texas is not the first

Double negatives are bad. Don't use them.

---

So, double negatives are a no-no?

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Not having no double negatives is a no-no.

Personally I dont like limiting it to "hostile foreign nationals". How is that defined? Who determines which countries are "hostile"? Should be a ban on land ownership for non-US citizens. That also takes care of Canadian companies like Blackrock buying up everything.

Kansas Kid said:

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The easiest way to get around it is to lease the property. I don't think that is covered by the law.

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Only a fool would think Abbott doesn't already know the ways those countries will get around this. But, it's something, so at least that.

Also, at least Wheelie mentioned Russia as a hostile country. That's at least one step further than some Putin-sycophant maga are willing to go, for reasons that one can only wonder about. Props to him for saying the obvious.

BCR said:

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Arkansas did it a while back.

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They also have a lawsuit pending where an injunction was issued against the state enforcing it, so there's that.

Corporate Transparency Act filings aren't required anymore. That website you found needs to be updated. The Trump admin has been against requiring those filings and has not really fought the lawsuits against the CTA. LLC and other entity ownership is already reported to the state. You can even search for it on their website. All the South American banana republics have similar laws and all we do there is create nominee shareholders to fix the control and equity problems so that US companies can own their land. This is just red meat to distract from the dumbassery he is signing into law this session.

techno-ag said:

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IIIHorn said:

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CrackerJackAg said:

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Deus Vult said:

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DrEvazanPhD said:

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I have a feeling this won't pass constitutional muster

---

I don't think Texas is not the first state to NOT do this.

---

I fixed it. I went triple negative that way it is actually meant the way you intended. Assuming you were saying "Texas is not the first state to do this" and not "Texas is the first to do this."

Wait… without the quotation marks those are two different things but it actually gets phrased exactly the same.

You should have just left out the double negative and stuff with:

Texas is not the first

Double negatives are bad. Don't use them.

---

So, double negatives are a no-no?

---

Not having no double negatives is a no-no.

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A decade too late.