HB 4275
Natural resources: other; acquisition of mineral rights by certain foreign entities; prohibit. Creates new act. TIE BAR WITH: HB 4274'25
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
House Bill 4275 aims to prevent foreign entities deemed ‘of concern’ from acquiring mineral rights within Michigan. The bill defines ‘foreign entity of concern’ and ‘mineral rights,’ and prohibits these entities from purchasing them after the law’s enactment. Violations of the act could result in significant fines and the potential seizure of illegally acquired mineral rights. This legislation is tied to House Bill 4274 and will not take effect until both bills are passed.
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