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Bill > SB5078


WA SB5078

Concerning ownership of agricultural real estate.


summary

Introduced
01/13/2025
In Committee
01/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to ownership of agricultural real estate; and 2 amending RCW 64.16.005. 3

AI Summary

This bill amends existing Washington state law regarding land ownership by non-resident aliens, specifically targeting land ownership by entities associated with the government of the People's Republic of China. Starting August 1, 2025, nonresident aliens, foreign businesses, agents, trustees, or fiduciaries connected to the Chinese government will be prohibited from acquiring agricultural, forest, or mineral lands. The bill also restricts business entities from acquiring such lands if more than 20 percent of their stock or beneficial interest is held by these Chinese-associated entities. There are some exceptions to these restrictions, including land acquired through inheritance, as security for debt, through legal processes, or by citizens of countries with land ownership treaties. Additionally, the prohibition does not apply to agricultural land associated with food processing facilities. The bill maintains that aliens can generally acquire and hold lands in the same manner as native citizens, but introduces these specific limitations targeting Chinese government-associated entities.

Committee Categories

Justice

Sponsors (2)

Last Action

First reading, referred to Law & Justice. (on 01/13/2025)

bill text


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