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CA AB2662
Bill
Status
2/14/2024
Primary Sponsor
Devon Mathis
Click for details
AI Summary
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Property owners selling agricultural land in areas of cultural and traditionally significant land must notify affiliated California Native American tribes of a first right of refusal before selling or negotiating with third-party buyers.
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California Native American tribes have 30 days after receiving notice to express written interest in purchasing the agricultural land.
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If a tribe expresses interest, the property owner and tribe must enter into good faith negotiations for at least 90 days to determine mutually satisfactory sale terms (excluding price).
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Sale price must be the appraised fair market value unless all parties agree otherwise; the property may be sold without regard to these provisions if the tribe does not express interest within 30 days or if non-price terms cannot be agreed upon after 90 days.
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Any California Native American tribe that purchases agricultural land under this article must continue using it for agricultural purposes.
Legislative Description
Sale of agricultural land: tribal first right of refusal.
Last Action
Re-referred to Com. on AGRI.
4/1/2024