Gov. Katie Hobbs said the bill was ‘ineffective at counter-espionage.’
Arizona Gov. Katie Hobbs on June 2 vetoed a bill that would have prohibited the Chinese communist regime and state-owned enterprises from acquiring property in Arizona, according to her office.
Senate Bill 1109, sponsored by Arizona Senate Majority leader Janae Shamp (R-Ariz.), seeks to prevent China from buying or holding a substantial interest—a 30 percent stake or more—in property within Arizona.
Original News Source Link – Epoch Times
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