SB 144 - Beck, Doug
Modifies provisions relating to foreign ownership of agricultural land
Bill Details
Sponsor
Beck, Doug
LR Number
0215S.01I
Title
SB 144
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2023
Current Status
Bill Combined w/SCS/SBs 332, 334, 541 & 144
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 144 - Under current law, no more than 1% of the total aggregate agricultural acreage in the state can be owned by an alien or foreign business. This act prevents any alien or foreign business from acquiring agricultural land in the state beginning August 28, 2023.
Beginning August 28, 2023, all proposed transfers of any interest in agricultural land held by any alien or foreign business in the state shall be submitted to the Department of Agriculture to determine whether such transfer of agricultural land is conveyed in accordance with the prohibition on alien and foreign ownership of agricultural land under the act.
This act is identical to provisions in SCS/SBs 332 & 334, 541 & 144 (2023), SB 791 (2022), HB 1947 (2022), SB 243 (2021), HB 1136 (2021), HB 1492 (2020), substantially similar to a provision in CCS/SS/SCS/HCS/HB 903, 465, 430 & 499 (2023), similar to a provision in SB 9 (2023).
JULIA SHEVELEVA