Relating to prohibiting the purchase of or acquisition of title to real property by and contracts or other agreements with certain aliens or foreign entities.

This Texas bill prohibits state and local government entities from purchasing real property or entering contracts with foreign governments or companies from China, Iran, North Korea, or Russia. It specifically bans transactions involving entities headquartered in those countries, controlled by their governments, owned by their citizens, or directly linked to them. U.S. citizens and lawful permanent residents are exempt from these restrictions. The law applies to all real estate acquisitions and government contracts under state or local authority.