AN 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 an existing foreign-owned business to purchase adjacent agricultural land…

Introduced: February 13, 2025

Last action: February 19, 2025

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This bill would ban individuals and businesses connected to certain foreign governments from buying, leasing, or acquiring farmland in Kentucky, or from participating in state agricultural programs. It includes limited exceptions, such as allowing foreign-owned businesses already operating in Kentucky to buy neighboring land, permitting up to 350 acres for research purposes, and allowing foreign buyers to develop land for non-agricultural use if they complete development within five years. If a violation is found, the…

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