SB 1063

relating to prohibiting contracts or other agreements with
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
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; and
(A)  consists of no more than five (5) acres of
(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.
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 foreign citizens.
(b)  A business entity may not enter into an agreement
relating to critical infrastructure or agricultural land in this
(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
(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 a
(ii)  a company or other entity, including a
governmental entity, that is owned or controlled by citizens of or
is directly controlled by foreign governments.
(B)  headquartered in foreign governments.
(b)  The prohibition described by Subsection (a) applies
(1)  the company's or its parent company's securities
(2)  the company or its parent company is listed on a
public stock exchange as a foreign country.
SECTION 2.  This Act takes effect September 1, 2025.