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MS SB2025
Bill
Status
3/5/2024
Primary Sponsor
Angela Burks Hill
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AI Summary
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Amends Mississippi Code Section 89-1-23 to prohibit entities owned by or transferred to nonresident aliens from countries hostile to the United States or known human rights violators from acquiring or holding land in Mississippi.
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Maintains existing provisions allowing resident aliens to acquire and hold land with full property rights comparable to state citizens.
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Preserves current exceptions permitting nonresident aliens to hold liens on land to secure debt and allowing them to acquire up to 320 acres for industrial development or 5 acres for residential purposes.
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Allows nonresident aliens from Syria and Lebanon to inherit property from Mississippi citizens or residents, consistent with existing law.
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Effective date is July 1, 2024.
Legislative Description
Land ownership; prohibit certain entities from.
Last Action
Died In Committee
3/5/2024