HB315
Log in to followAN ACT relating to the acquisition of agricultural land.
Create a new section of KRS Chapter 247 to define terms; prohibit a nonresident alien, foreign business, foreign agent, trustee, or fiduciary associated with the government of any proscribed country referenced in 22 C.F.R. sec. 126.1 from the purchase, lease, or acquisition of agricultural land in Kentucky or participation in programs administered by the Department of Agriculture, Agricultural Development Board, and Kentucky Agricultural Finance Corporation; allow a nonresident alien, foreign business, foreign agent, trustee, or…
Introduced: February 5, 2025
Last action: March 25, 2025
Plain-language summary
This bill restricts certain foreign individuals and businesses tied to governments on a federal list of proscribed countries from buying, leasing, or acquiring agricultural land in Kentucky, and bars them from participating in state agricultural programs. It requires disclosure reports to be filed with the Kentucky Department of Agriculture, which must refer potential violations to the Attorney General for investigation and enforcement. Agricultural land found to be owned in violation of the law can be…
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Legislative History
Primary Sponsor
Co-sponsors (9)
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