Loading chat...
TN HB1788
Bill
Status
1/21/2026
Primary Sponsor
Jay Reedy
Click for details
AI Summary
-
Prohibits "prohibited foreign-party-controlled businesses" and "prohibited foreign parties" from acquiring any interest in non-agricultural land in Tennessee through purchase, grant, inheritance, or other means
-
Requires violators to divest their non-agricultural land holdings within 2 years of being found in violation, with the attorney general authorized to take legal action if they fail to do so
-
Mandates registration with the secretary of state within 60 days for prohibited foreign parties holding non-agricultural land on or after January 1, 2025, including disclosure of ownership details, business purpose, and all U.S. land holdings exceeding 250 acres
-
Establishes penalties including a Class A misdemeanor (up to $1,500 fine and/or 11 months 29 days confinement) for violations and civil penalties up to $2,000 for failing to register
-
Takes effect July 1, 2026
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to real property ownership.
Real Property
Last Action
Placed on cal. State & Local Government Committee for 3/18/2026
3/11/2026