Property; foreign owners; procedures; divesting requirements; penalties; Attorney General; enforcement; effective date.

HB 1453 prohibits specific foreign governments and entities (designated under U.S. regulations or as "Entities of Particular Concern") from owning agricultural land or real property in Oklahoma. It requires these prohibited foreign parties to sell any existing property within one year or face legal action by the Attorney General, which could lead to judicial sale. The law defines "agricultural land" as land used for farming, ranching, or timber production (excluding mineral rights and small plots under $1,000 annual income), and exempts resident aliens and certain other entities. Violations may result in fines and court-ordered property sales, with the Attorney General enforcing these requirements.