Oklahoma legislation · 2026 Regular Session
Oklahoma HB3840: Foreign Adversary & State-Owned Enterprise Land Ownership Enforcement Act; foreign adversary; state-owned enterprise; affidavit; enforcement; penalties; definitions; effective date.
Status: In committee, February 4, 2026
What the bill says
An Act relating to foreign ownership of land; providing short title; prohibiting certain entities from owning land; creating buffers; requiring affidavit that provides certain disclosures; providing for recordation; providing for divesture and certain inadvertent acquisitions; requiring the Attorney General to investigate and enforce provision; providing penalties; providing certain exceptions; providing construction of act; stating invalid provisions are severable; amending 60 O.S. 2021, Section 121, as last amended by Section 1, Chapter 373, O.S.L. 2024 (60 O.S. Supp…
From the introduced text, January 15, 2026:
An Act relating to foreign ownership of land; providing short title; prohibiting certain entities from owning land; creating buffers; requiring affidavit that provides certain disclosures; providing for recordation; providing for divesture and certain inadvertent acquisitions; requiring the Attorney General to investigate and enforce provision; providing penalties; providing certain exceptions; providing construction of act; stating invalid provisions are severable; amending 60 O.S. 2021, Section 121, as last amended by Section 1, Chapter 373, O.S.L. 2024 (60 O.S. Supp. 2025, Section 121), which relates to alien or foreign government adversary ownership of land; providing definition; requiring certain addition disclosures; providing for noncodification; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the "Foreign Adversary & State-Owned Enterprise Land Ownership Enforcement Act". Req. No. 14529 Page SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 121.1 of Title 60, unless there is created a duplication in numbering, reads as follows: A. No foreign government adversary, state-owned enterprise (SOE), entity, or trust in which a foreign government adversary or SOE is a beneficial owner shall …