HB3112 - 104th General Assembly
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| 1 | AN ACT concerning civil law. | |||||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||||
| 3 | represented in the General Assembly: | |||||||||||||||||||||
| 4 | Section 5. The Property Owned By Noncitizens Act is | |||||||||||||||||||||
| 5 | amended by changing Section 7 and by adding Section 7.5 as | |||||||||||||||||||||
| 6 | follows: | |||||||||||||||||||||
| 7 | (765 ILCS 60/7) (from Ch. 6, par. 7) | |||||||||||||||||||||
| 8 | Sec. 7. Except as provided in Section 7.5, all All | |||||||||||||||||||||
| 9 | noncitizens may acquire, hold, and dispose of real and | |||||||||||||||||||||
| 10 | personal property in the same manner and to the same extent as | |||||||||||||||||||||
| 11 | natural born citizens of the United States, and the personal | |||||||||||||||||||||
| 12 | estate of a noncitizen dying intestate shall be distributed in | |||||||||||||||||||||
| 13 | the same manner as the estates of natural born citizens, and | |||||||||||||||||||||
| 14 | all persons interested in such estate shall be entitled to | |||||||||||||||||||||
| 15 | proper distributive shares thereof under the laws of this | |||||||||||||||||||||
| 16 | state, whether they are noncitizens or not. | |||||||||||||||||||||
| 17 | This amendatory Act of 1992 does not apply to the | |||||||||||||||||||||
| 18 | Agricultural Foreign Investment Disclosure Act. | |||||||||||||||||||||
| 19 | (Source: P.A. 102-1030, eff. 5-27-22.) | |||||||||||||||||||||
| 20 | (765 ILCS 60/7.5 new) | |||||||||||||||||||||
| 21 | Sec. 7.5. Prohibition on purchase of public or private | |||||||||||||||||||||
| 22 | real estate by noncitizens. | |||||||||||||||||||||
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| 1 | (a) Notwithstanding Section 7 or any other provision of | ||||||
| 2 | law, beginning on the effective date of this amendatory Act of | ||||||
| 3 | the 104th General Assembly, the Governor shall take such | ||||||
| 4 | actions as may be necessary to prohibit the purchase of public | ||||||
| 5 | or private real estate by noncitizens. As used in this | ||||||
| 6 | Section, "noncitizen" means: (i) any foreign national, foreign | ||||||
| 7 | government, or foreign entity; or (ii) any entity over which | ||||||
| 8 | control is exercised or exercisable by a foreign national, | ||||||
| 9 | foreign government, or foreign entity. "noncitizen" also | ||||||
| 10 | includes a corporation, partnership, or other association: (i) | ||||||
| 11 | created under the laws of a foreign country; and (ii) | ||||||
| 12 | substantially beneficially owned by nationals of that foreign | ||||||
| 13 | country or any other foreign country. | ||||||
| 14 | (b) Within 6 months after the effective date of this | ||||||
| 15 | amendatory Act of the 104th General Assembly, the Commission | ||||||
| 16 | on Government Forecasting and Accountability shall submit to | ||||||
| 17 | the General Assembly a report that: | ||||||
| 18 | (1) details the history of purchases of public and | ||||||
| 19 | private real estate located in the State by noncitizens; | ||||||
| 20 | (2) provides more information on the percentage of | ||||||
| 21 | real estate located in the State that is owned by | ||||||
| 22 | noncitizens; and | ||||||
| 23 | (3) offers recommendations to make it easier for | ||||||
| 24 | citizens and harder for noncitizens to purchase real | ||||||
| 25 | estate located in the State, including farmland. | ||||||
| 26 | (c) This Section is repealed 5 years after the effective | ||||||
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| 1 | date of this amendatory Act of the 104th General Assembly. | ||||||
