Bill > SB2519

This bill, the Mississippi Foreign Land Ownership Act, aims to limit the ability of nonresident aliens from certain "foreign adversary" countries, as designated by the U.S. Secretary of Commerce, to maintain ownership of agricultural and forestry land in Mississippi. The bill defines key terms like "nonresident alien" and "forest and agricultural land," and outlines situations where nonresident aliens may acquire land, such as through inheritance or debt collection, and the time frames for them to dispose of such land. The bill empowers the Mississippi Secretary of State to oversee compliance and imposes escalating fines for violations, with the Attorney General able to pursue civil forfeiture of the property. The bill also amends existing state laws to conform with these new provisions.

Agriculture and Natural Resources, Justice

https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2519.xml