summary
Introduced
02/15/2024
02/15/2024
In Committee
Crossed Over
Passed
Dead
03/05/2024
03/05/2024
Introduced Session
2024 Budget Session
Bill Summary
AN ACT relating to property, conveyances and security transactions; prohibiting ownership of agricultural land by nonresident aliens, foreign businesses and foreign governments as specified; providing exceptions; requiring registration of agricultural lands; requiring reports; providing a penalty; providing for the escheat of agricultural lands as specified; providing definitions; requiring rulemaking; specifying applicability; and providing for effective dates.
AI Summary
This bill prohibits non-resident aliens, foreign businesses, and foreign governments from purchasing or acquiring agricultural land in Wyoming, with some exceptions. It requires existing owners of agricultural land to register their holdings annually and file reports on the use of the land. The bill also provides for the escheat (forfeiture) of agricultural land acquired in violation of the law to the state, along with civil penalties for failure to comply with the reporting requirements. The provisions of the bill apply to acquisitions of agricultural land made on or after July 1, 2024, and the Secretary of State is required to promulgate rules to implement the bill by that date.
Committee Categories
Agriculture and Natural Resources
Sponsors (9)
Lane Allred (R)*,
Dalton Banks (R)*,
Eric Barlow (R)*,
Jon Conrad (R)*,
Ed Cooper (R)*,
Barry Crago (R)*,
Tim French (R)*,
Cyrus Western (R)*,
John Winter (R)*,
Last Action
H:Died in Committee Returned Bill Pursuant to HR 5-4 (on 03/05/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2024/HB0168 |
| BillText | https://www.wyoleg.gov/2024/Introduced/HB0168.pdf |
| Fiscal Note | https://www.wyoleg.gov/2024/Fiscal/HB0168.pdf |
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