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MO SB1248

Bill

Status

Introduced

1/7/2026

Primary Sponsor

David Gregory

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Prohibits governmental entities, companies, and individuals from "designated countries" (nations identified as national security threats by the U.S. Director of National Intelligence or the Missouri governor) from purchasing or acquiring interests in real property in Missouri

  • Covers broad categories of real property including agricultural land over 5 acres, commercial and industrial property, residential property, groundwater, mineral rights, mines, and timber

  • Grants the governor authority to designate additional countries or transnational criminal organizations as subject to the restrictions after consulting with the director of the Department of Public Safety

  • Establishes enforcement through the attorney general, who may bring in rem actions against property acquired in violation, with courts required to order divestment and appoint a receiver to sell the property

  • Creates criminal and civil penalties: unlawful purchase by an individual is a class E felony; companies and organizations face civil penalties of $250,000 or 50% of the property's market value, whichever is greater

Legislative Description

Modifies provisions with respect to acquisition of real property by foreign interests

Last Action

Second Read and Referred S General Laws Committee

1/27/2026

Committee Referrals

General Laws1/27/2026

Full Bill Text

No bill text available