Tennessee SB 2927: Real Property - As introduced, prohibits certain Chinese entities from directly or indirectly owning, having a controlling interest in, acquiring by purchase, grant, devise, or descent an interest, or holding by lease, contract, or usufruct an interest in, except a de minimus indirect interest, real property in this state or real property within 10 miles of a military installation; requires divestment within two years of any such interest unlawfully held; requires certain property owners to register with the secretary of state; provides civil penalties for violations. - Amends TCA Title 66, Chapter 2.

Status: Assigned to General Subcommittee of Senate Commerce and Labor Committee (as of 2024-03-27)

State: Tennessee · Session: 113 · Bill: SB 2927

Subjects: Real Property

Sponsors: Bailey

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