property conveyance; foreign entities; prohibition

HB 2905 prohibits the conveyance (transfer) of any land in Arizona to a "federally banned corporation" beginning on the bill's effective date. A "federally banned corporation" is defined as a company banned by specific federal agencies (like the FCC, Commerce Department, CISA, or Federal Acquisition Security Council) or any affiliated entity under its significant control. This law directly affects property transactions involving such entities, preventing Arizona land sales or transfers to them. It does not apply to the U.S. government or its states/territories. The bill focuses solely on restricting land conveyances to these specific entities, with no impact on existing state land sale rules.