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2023 SESSION

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HB 2325 Agricultural land; definitions, ownership by foreign adversaries prohibited, report.

Introduced by: Robert S. Bloxom, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Agricultural land; acquisition or transfer by foreign adversaries prohibited; report. Prohibits any foreign adversary, as defined in the bill, from acquiring or transferring any interest in agricultural land, as defined in federal law, beginning July 1, 2023, and requires the Department of Agriculture and Consumer Services to compile a report annually with certain information regarding agricultural land that is under foreign ownership and submit such report to the Governor and General Assembly. This bill is identical to SB 1438.

SUMMARY AS PASSED HOUSE:

Agricultural land; acquisition or transfer by foreign adversaries prohibited; report. Prohibits any foreign adversary, as defined in the bill, from acquiring or transferring any interest in agricultural land, as defined in federal law, beginning January 1, 2023, and requires the Department of Agriculture and Consumer Services to compile a report annually with certain information regarding agricultural land that is under foreign ownership and submit such report to the Governor and General Assembly.

SUMMARY AS INTRODUCED:

Agricultural land; ownership by foreign governments prohibited; report; emergency. Prohibits any foreign government, as defined in the bill, from purchasing, acquiring, leasing, or holding any interest in agricultural land, as defined in federal law, beginning January 1, 2023, and requires the Department of Agriculture and Consumer Services to compile a report annually with certain information regarding ownership of land by foreign governments and submit such report to the Governor and General Assembly. The bill contains an emergency clause.