Bill Text: TX SB552 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to prohibiting contracts or other agreements with certain foreign-owned companies in connection with agricultural land.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2023-04-20 - Left pending in committee [SB552 Detail]
Download: Texas-2023-SB552-Introduced.html
By: Campbell, Parker | S.B. No. 552 | |
|
||
|
||
relating to prohibiting contracts or other agreements with certain | ||
foreign-owned companies in connection with agricultural land. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 113, Business & Commerce Code, as added | ||
by Chapter 975 (S.B. 2116), Acts of the 87th Legislature, Regular | ||
Session, 2021, is amended to read as follows: | ||
CHAPTER 113. PROHIBITION ON AGREEMENTS WITH CERTAIN FOREIGN-OWNED | ||
COMPANIES IN CONNECTION WITH CRITICAL INFRASTRUCTURE AND | ||
AGRICULTURAL LAND | ||
Sec. 113.001. DEFINITIONS. In this chapter: | ||
(1) "Agricultural land" means land that qualifies for | ||
tax appraisal under Subchapter C or D, Chapter 23, Tax Code. | ||
(1-a) "Company" means a sole proprietorship, | ||
organization, association, corporation, partnership, joint | ||
venture, limited partnership, limited liability partnership, or | ||
limited liability company, including a wholly owned subsidiary, | ||
majority-owned subsidiary, parent company, or affiliate of those | ||
entities or business associations, that exists to make a profit. | ||
(2) "Critical infrastructure" means a communication | ||
infrastructure system, cybersecurity system, electric grid, | ||
hazardous waste treatment system, or water treatment facility. | ||
(3) "Cybersecurity" means the measures taken to | ||
protect a computer, computer network, computer system, or other | ||
technology infrastructure against unauthorized use or access. | ||
(4) "Designated country" means a country designated by | ||
the governor as a threat to critical infrastructure or agricultural | ||
land under Section 113.003. | ||
Sec. 113.002. PROHIBITED ACCESS TO CRITICAL INFRASTRUCTURE | ||
AND AGRICULTURAL LAND. (a) A business entity or individual may not | ||
enter into an agreement relating to agricultural land in this state | ||
with individuals who are citizens of China, Iran, North Korea, | ||
Russia, or a designated country. | ||
(b) A business entity may not enter into an agreement | ||
relating to critical infrastructure or agricultural land in this | ||
state with a company: | ||
(1) if, under the agreement, the company would be | ||
granted direct or remote access to or control of critical | ||
infrastructure or agricultural land in this state, excluding access | ||
specifically allowed by the business entity for product warranty | ||
and support purposes; and | ||
(2) if the business entity knows that the company is: | ||
(A) owned by or the majority of stock or other | ||
ownership interest of the company is held or controlled by: | ||
(i) individuals who are citizens of China, | ||
Iran, North Korea, Russia, or a designated country; or | ||
(ii) a company or other entity, including a | ||
governmental entity, that is owned or controlled by citizens of or | ||
is directly controlled by the government of China, Iran, North | ||
Korea, Russia, or a designated country; or | ||
(B) headquartered in China, Iran, North Korea, | ||
Russia, or a designated country. | ||
(b) The prohibition described by Subsection (a) applies | ||
regardless of whether: | ||
(1) the company's or its parent company's securities | ||
are publicly traded; or | ||
(2) the company or its parent company is listed on a | ||
public stock exchange as: | ||
(A) a Chinese, Iranian, North Korean, or Russian | ||
company; or | ||
(B) a company of a designated country. | ||
Sec. 113.003. DESIGNATION OF COUNTRY AS THREAT TO CRITICAL | ||
INFRASTRUCTURE OR AGRICULTURAL LAND. (a) The governor, after | ||
consultation with the public safety director of the Department of | ||
Public Safety, may designate a country as a threat to critical | ||
infrastructure or agricultural land for purposes of this chapter. | ||
(b) The governor shall consult the Homeland Security | ||
Council, established under Subchapter B, Chapter 421, Government | ||
Code, to assess a threat to critical infrastructure or agricultural | ||
land for purposes of making a designation under this section. | ||
SECTION 2. This Act takes effect September 1, 2023. |