Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1 STATE OF OKLAHOMA
2 2nd Session of the 60th Legislature (2026)
3 HOUSE BILL 3431 By: Wilk
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6 AS INTRODUCED
7 An Act relating to foreign government adversaries;
amending 60 O.S. 2021, Section 121, as last amended
8 by Section 1, Chapter 373, O.S.L. 2024 (60 O.S. Supp.
2025, Section 121), which relates to alien or foreign
9 government adversary ownership; prohibiting a foreign
government adversary from owning any mineral
10 interest; and providing an effective date.
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13 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
14 SECTION 1. AMENDATORY 60 O.S. 2021, Section 121, as last
15 amended by Section 1, Chapter 373, O.S.L. 2024 (60 O.S. Supp. 2025,
16 Section 121), is amended to read as follows:
17 Section 121. A. As used in Sections 121 through 127 of this
18 title:
19 1. "Deed" means any instrument in writing whereby land is
20 assigned, transferred, or otherwise conveyed to, or vested in, the
21 person coming into title or, at his or her direction, any other
22 person;
23 2. "Foreign government adversary" means a government other than
24 the federal government of the United States, the government of any
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1 state, political subdivision of the state, tribe, territory, or
2 possession of the United States and designated by the United States
3 Secretary of State as hostile or a Country of Particular Concern
4 (CPC);
5 3. "Foreign government enterprise" means a business entity,
6 sovereign wealth fund, or state-backed investment fund in which a
7 foreign government adversary holds a controlling interest;
8 4. "Foreign government entity" means a government other than
9 the federal government of the United States, the government of any
10 state, political subdivision of the state, tribe, territory, or
11 possession of the United States; and
12 5. "Land" means the same as defined in Section 6 of this title,
13 but shall not include oil, gas, other minerals, or any interest
14 therein.
15 B. No alien or any person who is not a citizen of the United
16 States or foreign government adversary shall acquire title to or own
17 land in this state either directly or indirectly through a business
18 entity, trust, or foreign government enterprise, except as
19 hereinafter provided, but they shall have and enjoy in this state
20 such rights as to personal property as are, or shall be, accorded a
21 citizen of the United States under the laws of the nation to which
22 such alien belongs, or by the treaties of such nation with the
23 United States, except as the same may be affected by the provisions
24 of Section 121 et seq. of this title or the Constitution of this
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1 state. Provided, however, the requirements of this subsection shall
2 not apply to a business entity that is engaged in regulated
3 interstate commerce or has a national security agreement with the
4 Committee on Foreign Investment in the United States (CFIUS) in
5 accordance with federal law.
6 Furthermore, no foreign government adversary shall acquire any
7 ownership or leasehold interest in oil and gas as defined in Section
8 86.1 of Title 52 of the Oklahoma Statutes, or any other mineral
9 interest within the state.
10 C. On or after November 1, 2023, any deed recorded with a
11 county clerk shall include as an exhibit to the deed an affidavit
12 executed by the person, the person's attorney-in-fact, a court-
13 appointed guardian or personal representative, an authorized officer
14 of the entity, or trustee of the trust coming into title attesting
15 that the person, business entity, or trust is obtaining the land in
16 compliance with the requirements of this section and that no funding
17 source is being used in the sale or transfer in violation of this
18 section or any other state or federal law. A county clerk shall not
19 accept and record any deed without an affidavit as required by this
20 section which is duly notarized pursuant to Title 49 of the Oklahoma
21 Statutes. The requirements of this subsection shall not apply to a:
22 1. Deed which, without additional consideration, confirms,
23 corrects, modifies, or supplements a deed previously recorded;
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1 2. Deed made by a grantor to cure a defect in title or
2 effectuate a disclaimer of interest in real property;
3 3. Transfer-on-death deed made by a grantor designating a
4 grantee beneficiary pursuant to the Nontestamentary Transfer of
5 Property Act, Section 1251 et seq. of Title 58 of the Oklahoma
6 Statutes;
7 4. State or federal court order in an action to quiet title or
8 to cure a defect in title;
9 5. State or federal court order or decree in probate,
10 partition, quiet title, and divorce actions;
11 6. Deed which secures a debt or other obligation, or which
12 releases such property as security for a debt or other obligation;
13 7. Deed of dedication to the public; or
14 8. Deed in favor of the United States or any of its political
15 subdivisions, a state or any of its political subdivisions, or a
16 tribe.
17 The applicable exemption shall be shown on the face of the deed
18 prior to the recording of the deed and no affidavit shall be
19 required.
20 D. The Attorney General shall promulgate a separate affidavit
21 form for individuals and for business entities or trusts to comply
22 with the requirements of this section. The Attorney General may
23 establish additional exemptions which the Attorney General deems
24 necessary to substantially comply with the requirements of this
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1 section. The county clerk may accept an affidavit in substantial
2 compliance with the affidavit form promulgated by the Attorney
3 General.
4 SECTION 2. This act shall become effective November 1, 2026.
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6 60-2-14020 JL 01/06/26
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Req. No. 14020 Page 5Every fact on this page links to its source, starting with the official bill record.