MS HB348 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The "mississippi Agricultural Land Protection And Foreign Acquisition Prohibition Act" For The Purposes Of Prohibiting Certain Foreign Governments And Nonresident Aliens From Purchasing, Acquiring, Leasing, Or Holding An Interest In Agricultural Land Within The State Of Mississippi; To Define Terminology Used In The Act; To Prohibit Any Party From Holding Agricultural Land As An Agent, Trustee Or Other Fiduciary For A Prohibited Foreign Party; To Provide That A Prohibited Foreign Party Who Is A Resident Alien Of The United States Is Entitled To Acquire And Hold Agricultural Land In The State As A Citizen Of The United States For The Duration Of His Or Her Residence In The State Of Mississippi, To Provide That No Such Resident Alien Shall Be Entitled To Acquire A Hold On Any Agricultural Land Within A Radius Of 100 Miles Of A United States Military Installation, As Prescribed In The Real Estate Regulations Of The Committee On Foreign Investments In The United States (cfius); To Require A Prohibited Foreign Party To Divest Of The Land Held Within Two Years After They Are No Longer A Resident Alien; To Authorize The Attorney General To Commence A Legal Action Against Prohibited Foreign Party Offenders Who Fail To Divest Of The Respective Property An Action In Circuit Court Within The Jurisdiction Wherein The Agricultural Land Is Situated; To Prescribe The Processes To Be Followed By The Secretary Of State's Office And The Attorney General When It Has Been Determined That A Prohibited Foreign Party Has Acquired Agricultural Land In Violation Of This Act; To Amend Sections 89-1-23 And 29-1-75, Mississippi Code Of 1972, In Conformity To The Preceding Provisions; To Amend Section 7-3-5, Mississippi Code Of 1972, To Expand The Duties Of The Secretary Of State With Regard To Enforcing The Provisions Of This Act In Conjunction With The Commissioner Of Agriculture And Commerce; And For Related Purposes.

Tracking Information

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Title

"Mississippi Agricultural Land Protection and Foreign Acquisition Prohibition Act"; establish to prohibit sales of ag lands to foreign.

Sponsors


History

DateChamberAction
2024-03-05HouseDied In Committee
2024-01-22HouseReferred To Agriculture

Code Citations

ChapterArticleSectionCitation TypeStatute Text
29175Amended CodeSee Bill Text
735Amended CodeSee Bill Text
89123Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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