SF0076

Prohibits conveyances of real property near critical infrastructure to foreign adversaries unless approved by the Wyoming Office of Homeland Security, and establishes procedures for review, investigation, and enforcement.

• Requires prohibited foreign parties seeking to convey real property in Wyoming to apply to the Office of Homeland Security for approval if the property is located on, within, or partially within a critical infrastructure zone. (W.S. 19-13-504(a), W.S. 34-15-202(a))
• Establishes application requirements including the prohibited foreign party's identity and address, parties seeking to hold interests, property location, current and intended use, and any Committee on Foreign Investment in the United States documentation. (W.S. 19-13-504(b))
• Sets a review and investigation period not to exceed 180 days, with an option to extend for an additional 90 days upon good cause, and allows expedited review upon written request. (W.S. 19-13-504(d))
• Requires the Office of Homeland Security to consider proposed ownership, impact on state security or critical infrastructure, proximity to critical infrastructure, and other relevant security factors when determining approval. (W.S. 19-13-505(b))
• Provides conditions for approval including a determination that the conveyance poses no risk to state security, failure to complete review without good cause, or issuance of a federal safe harbor, and allows applicants to appeal denials under the Wyoming Administrative Procedure Act. (W.S. 19-13-505(c), W.S. 19-13-505(f))
• Exempts resident aliens from approval requirements while alive, but requires approval if they cease residency in Wyoming and retain property acquired after July 1, 2025. (W.S. 19-13-506)
• Requires prohibited foreign parties to divest of improperly conveyed real property within a timeframe established by rule, with proceeds held in escrow until liens are satisfied, and authorizes the Attorney General to pursue judicial divestiture and auction sale if voluntary divestiture does not occur. (W.S. 34-15-202(b), W.S. 34-15-202(c))
• Establishes that county clerks must report conveyances in critical infrastructure zones, and authorizes the Office of Homeland Security and Division of Criminal Investigation to investigate conveyances and determine actual identity of parties, with investigation information kept confidential.