Relating to the purchase or acquisition of an interest in real property by certain aliens or foreign entities; creating a criminal offense; providing a civil penalty.

Added new definition for 'Company' to include various business structures like LLCs, partnerships, and corporations.

Added new definition for 'Transnational criminal organization' to include groups operating internationally with leadership.

Modified the list of prohibited individuals and entities to include additional categories related to designated countries and ruling political parties.

Added new enforcement provisions allowing the Attorney General to issue civil investigative demands for depositions, interrogatories, and testimony.

Added new criminal penalty provision making violations a state jail felony.

Added new civil penalty provision allowing the state to impose penalties of $250,000 or 50% of market value.

Added effective date of September 1, 2025, and included certification of legislative passage dates.

Added requirement for Attorney General to adopt implementation rules within a reasonable timeframe after the effective date.