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NY A03440
Bill
Status
1/27/2025
Primary Sponsor
Angelo Santabarbara
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AI Summary
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Prohibits foreign adversaries from acquiring or transferring any interest in agricultural land in New York State starting January 1, 2026, with violations rendering such transfers void
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Defines "foreign adversary" as any foreign government or person determined by the U.S. Secretary of Commerce to have engaged in conduct significantly adverse to U.S. national security
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Exempts agricultural land already held by foreign adversaries before January 1, 2026, and land held by federally recognized Indian tribes and their government units and enterprises
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Requires the Department of Agriculture and Markets to publish annual reports starting July 1, 2026, detailing total foreign-owned agricultural land, ownership trends over the prior ten years, and current uses of such land
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Mandates the annual report include information on foreign ownership of energy production, storage, and distribution facilities, along with policy recommendations for the Governor and Legislature
Legislative Description
Relates to prohibiting the acquisition or transfer of agricultural land by foreign adversaries after January 1, 2026; provides that such prohibition will not apply to any interest in agricultural land held by a foreign adversary prior to such date or any federally recognized Indian tribe or its government units and enterprises; defines terms.
Last Action
referred to judiciary
1/7/2026