RELATING TO FOREIGN CRITICAL ASSETS.

SB 1665 would limit foreign ownership of specific public and private utilities and companies that control the state's critical infrastructure, such as energy, water, or communications systems. It directly affects foreign-owned businesses operating in these sectors and state agencies responsible for infrastructure oversight. The bill establishes restrictions on foreign entities acquiring or maintaining ownership stakes in designated critical infrastructure providers. This is a policy change focused on ownership structure, not operational rules or funding. The bill is currently pending in committee review for the 2026 session.