A bill for an act prohibiting foreign governments from acquiring or owning real property or agricultural land located in the state.
To Prevent A Foreign-party-controlled Business From Leasing Land; And To Prohibit A Prohibited Foreign Party From Holding An Interest In Real Property Or Agricultural Land In Certain Circumstances.
Agricultural land: prohibited foreign actors.
Exempts contaminated and industrially-zoned sites from affordable housing rules.
Relates to prohibiting the acquisition or transfer of agricultural land by foreign adversaries after January 1, 2026; provides that such prohibition will not apply to any interest in agricultural land held by a foreign adversary prior to such date or any federally recognized Indian tribe or its government units and enterprises; defines terms.
Prohibits the sale or lease of agricultural and forest property and real property on or within ten miles of any military installation or critical infrastructure facility in the state to foreign countries of concern and foreign principals.
Prohibition of Agricultural Land for Foreign Adversaries Act
Property: land sales; sale or transfer of agricultural assets or land to foreign entities; prohibit. Amends title & secs. 35 & 36 of 1846 RS 66 (MCL 554.135 & 554.136) & adds secs. 36a & 36b.
Relating to the ownership of agricultural land by nonresident aliens or foreign entities.
An Act Prohibiting The Ownership, Possession Or Acquisition Of Interests In Real Property Upon Or Abutting Military Installations Or Agricultural Lands By Certain Foreign Entities.