Texas Property Code

§ 5.254 — DESIGNATION OF COUNTRY OR ENTITY AS SUBJECT TO PROHIBITION ON PURCHASE OR ACQUISITION OF REAL PROPERTY

PR § 5.254Title 2. CONVEYANCES · Ch. 5. CONVEYANCES · Art. H. PURCHASE OR ACQUISITION OF REAL PROPERTY BY CERTAIN FOREIGN INDIVIDUALS OR ENTITIES

Statute text

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(a)The governor, after consultation with the public safety director of the Department of Public Safety, may, for purposes of Section 5.253:

(1)determine whether the purchase or acquisition of an interest in real property in this state by an individual or entity poses a risk to the national security of the public; and

(2)based on a determination made under Subdivision (1):

(A)designate a country or a transnational criminal organization or other entity as subject to this subchapter; or

(B)remove a designation made under Paragraph (A).

(b)The governor shall consult the Homeland Security Council established under Subchapter B, Chapter 421, Government Code, for purposes of making or removing a designation under this section.

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 956 (S.B. 17), Sec. 4, eff. September 1, 2025.