Relating to strategic and critical resources, state preemption of local regulation, and foreign ownership and restricted commerce entities

HB 4985, the "Strategic and Critical Resources Act," defines specific minerals (like lithium, cobalt, and rare earth elements) as critical to West Virginia's security and economy. It prohibits local governments outside cities from regulating the extraction of these resources or the development of related facilities, preempting local ordinances. The bill also restricts foreign adversaries (entities designated by federal law) from owning or controlling land used for extracting these resources. Importantly, the law does not override federal environmental regulations or state building codes, and it aligns with existing federal restrictions on foreign ownership.