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Oklahoma Legislature· HB 3431Approved by Governor 05/11/2026

An act relating to foreign government adversaries, the official text

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1                   STATE OF OKLAHOMA

2           2nd Session of the 60th Legislature (2026)

3 HOUSE BILL 3431               By: Wilk

4

5

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.

11

12

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

    Req. No. 14020                                                  Page 1
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

    Req. No. 14020                                                  Page 2
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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    Req. No. 14020                                                 Page 3
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

    Req. No. 14020                                                  Page 4
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 5
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