Bill Text: IL HB2125 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Property Owned By Noncitizens Act. Provides that, beginning on the effective date of the amendatory Act, the Governor shall take such actions as may be necessary to prohibit the purchase of public or private real estate located in Illinois by any noncitizens. Provides that the Commission on Government Forecasting and Accountability shall submit to the General Assembly a report that details the history of purchases of public and private real estate located in the State by noncitizens; provides more information on the percentage of real estate located in the State that is owned by noncitizens; and offers recommendations to make it easier for citizens and harder for noncitizens to purchase real estate located in the State, including farmland. Repeals the provisions 5 years after the effective date of the Act. Makes conforming changes.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2023-10-03 - Added Co-Sponsor Rep. Travis Weaver [HB2125 Detail]

Download: Illinois-2023-HB2125-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2125 Introduced , by Rep. Blaine Wilhour SYNOPSIS AS INTRODUCED:
765 ILCS 60/7 from Ch. 6, par. 7
765 ILCS 60/7.5 new
Amends the Property Owned By Noncitizens Act. Provides that, beginning on the effective date of the amendatory Act, the Governor shall take such actions as may be necessary to prohibit the purchase of public or private real estate located in Illinois by any noncitizens. Provides that the Commission on Government Forecasting and Accountability shall submit to the General Assembly a report that details the history of purchases of public and private real estate located in the State by noncitizens; provides more information on the percentage of real estate located in the State that is owned by noncitizens; and offers recommendations to make it easier for citizens and harder for noncitizens to purchase real estate located in the State, including farmland. Repeals the provisions 5 years after the effective date of the Act. Makes conforming changes.
LRB103 05222 LNS 50238 b
A BILL FOR
HB2125 LRB103 05222 LNS 50238 b
AN ACT concerning civil law.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Owned By Noncitizens Act is
amended by changing Section 7 and by adding Section 7.5 as
follows:
(765 ILCS 60/7) (from Ch. 6, par. 7)
Sec. 7. Except as provided in Section 7.5, all All
noncitizens may acquire, hold, and dispose of real and
personal property in the same manner and to the same extent as
natural born citizens of the United States, and the personal
estate of a noncitizen dying intestate shall be distributed in
the same manner as the estates of natural born citizens, and
all persons interested in such estate shall be entitled to
proper distributive shares thereof under the laws of this
state, whether they are noncitizens or not.
This amendatory Act of 1992 does not apply to the
Agricultural Foreign Investment Disclosure Act.
(Source: P.A. 102-1030, eff. 5-27-22.)
(765 ILCS 60/7.5 new)
Sec. 7.5. Prohibition on purchase of public or private
real estate by noncitizens.

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(a) Notwithstanding Section 7 or any other provision of
law, beginning on the effective date of this amendatory Act of
the 103rd General Assembly, the Governor shall take such
actions as may be necessary to prohibit the purchase of public
or private real estate by noncitizens. As used in this
Section, "noncitizen" means: (i) any foreign national, foreign
government, or foreign entity; or (ii) any entity over which
control is exercised or exercisable by a foreign national,
foreign government, or foreign entity. "noncitizen" also
includes a corporation, partnership, or other association: (i)
created under the laws of a foreign country; and (ii)
substantially beneficially owned by nationals of that foreign
country or any other foreign country.
(b) Within 6 months after the effective date of this
amendatory Act of the 103rd General Assembly, the Commission
on Government Forecasting and Accountability shall submit to
the General Assembly a report that:
(1) details the history of purchases of public and
private real estate located in the State by noncitizens;
(2) provides more information on the percentage of
real estate located in the State that is owned by
noncitizens; and
(3) offers recommendations to make it easier for
citizens and harder for noncitizens to purchase real
estate located in the State, including farmland.
(c) This Section is repealed 5 years after the effective

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date of this amendatory Act of the 103rd General Assembly.