AL SB14

Restricts ownership of agricultural land in Alabama to United States citizens and resident aliens only, prohibiting purchase or acquisition by nonresident aliens, foreign businesses, or foreign governments.

Allows nonresident aliens and foreign entities that already owned agricultural land before the act's effective date to continue holding it but prohibits them from acquiring additional agricultural land.

Permits exceptions to the restriction for land acquired by devise or descent, bona fide security encumbrances, and land acquired through debt collection or foreclosure (which must be sold within two years).

Requires nonresident aliens, foreign businesses, and foreign governments owning agricultural land to register with the Secretary of State within 60 days after the effective date or after acquiring the land, including owner name, location, acreage, and principal information.

Imposes a civil penalty of up to $2,000 per offense for failure to timely file required registration, and declares land acquired in violation as escheated to the state for sale with proceeds distributed for court costs and compensating the divested owner.