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MO HB1753

Bill

Official Source

Status

Introduced

2/15/2012

Primary Sponsor

John Cauthorn

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Repeals and replaces section 442.586, RSMo, regarding alien ownership of agricultural land in Missouri
  • Exempts agricultural land owned on or before August 28, 2012 by aliens or foreign businesses from restrictions, allowing them to retain ownership through direct descendants and related legal entities
  • Permits resident aliens who establish bona fide residence in the United States to acquire and hold agricultural land on the same terms as U.S. citizens
  • Requires resident aliens who cease bona fide U.S. residency to divest agricultural land holdings within two years or face court-ordered public sale of the property

Legislative Description

Specifies that aliens and foreign businesses may hold agricultural real estate in Missouri if it is owned on or before August 28, 2012

Last Action

Referred: Agriculture Policy (H)

2/29/2012

Committee Referrals

Agriculture Policy2/29/2012

Full Bill Text

No bill text available