SB 242: DOA; AGRICULTURAL LAND; FOREIGN ENTITIES; LEASE LIMITATIONS; APPROPRIATIONS

Session Year: 2025-2026
House: Senate
Latest Version Date: 2025-02-28

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Prohibits foreign entities from owning, leasing, or holding a controlling interest in more than an unspecified number of acres of agricultural land. Limits the lease term for agricultural land by foreign entities. Requires foreign entities that own or lease interest in agricultural lands to file an annual report with the Department of Agriculture. Appropriates funds. Effective 7/1/2050. (SD2)

Discussed in Hearing