Bill To Limit Foreign Ownership Property In Tennessee Heads To Committee

Image Credit: Tim Lumley / CC

The Tennessee Conservative [By Adelia Kirchner] –

After deferring action on House Bill 0040 (HB0040) during a committee meeting on February 8th, the House Property and Planning Subcommittee has scheduled the bill to be heard this Wednesday.

Representative Jay Reedy (R-Erin-District 74) is sponsoring this bill in the house alongside Republican co-prime sponsors Representatives Kevin Raper, Bud Hulsey, Todd Warner, and Greg Vital. 

Sen. Frank Niceley (R-Strawberry Plains-District 8) is sponsoring the corresponding Senate Bill (SB0122) alongside his co-prime sponsor Senator Janice Bowling. 

As introduced, the legislation “prohibits foreign ownership of real property in this state by nonresident aliens and foreign entities if the laws of the country where such aliens reside, or such entities are located, prohibit citizens of the United States or its territories or possessions from purchasing real property located within that country.”

The bill also maintains that any property owned by a “Non-Resident Alien” or “Foreign Business Entity” before July 1st, 2023 will not be divested, but must be registered with the Tennessee Secretary of State. 

The Tennessee Conservative’s previous article on this legislation can be found here.

As it is right now, Senate Bill 0122 has been referred to the Senate Commerce and Labor Committee but has not been scheduled for a hearing yet.

House Bill 0040 has been assigned to the House Property and Planning Subcommittee and placed on their calendar for consideration on February 22nd, 2023.

If you wish to support this legislation, make sure to contact the Representatives on the subcommittee before Feb. 22nd using the information provided below. 

Rep. Dale Carr (R) – Chair – – (615) 741-5981

Rep. John Crawford (R) – – (615) 741-7623

Rep. Greg Martin (R) – – (615) 741-2548

Rep. Kevin Raper (R) – Co-Sponsor – – (615) 741-1350

Rep. Jay Reedy (R) – Bill Sponsor – – (615) 741-7098

Rep. Tim Rudd (R) – – (615) 741-2804

Rep. Dave Wright (R) – – (615) 741-6879

Rep. Dwayne Thompson (D) – – (615) 741-1920

About the Author: Adelia Kirchner is a Tennessee resident and reporter for the Tennessee Conservative. Currently the host of Subtle Rampage Podcast, she has also worked for the South Dakota State Legislature and interned for Senator Bill Hagerty’s Office in Nashville, Tennessee.

3 thoughts on “Bill To Limit Foreign Ownership Property In Tennessee Heads To Committee

  • February 20, 2023 at 5:49 pm

    It’s a step in the right direction, but not nearly inclusive enough. No one should be allowed to own property in Tennessee unless the live here already or plan to do so.

  • February 20, 2023 at 6:48 pm

    Especially a communist country.

  • February 21, 2023 at 3:31 pm

    Does “foreign business entity” include Bill Gates? Or “non resident alien?” Some would argue he is an alien… besides your every day psychopath.


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