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MI SB0010

MI SB0010
Property: land sales; sale or transfer of real property to foreign entities; prohibit. Amends title & secs. 35 & 36 of 1846 RS 66 (MCL 554.135 & 554.136) & adds sec. 36a.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 1846 RS 66, entitled"Of estates in dower, by the curtesy, and general provisions concerning real estate,"by amending the title and sections 35 and 36 (MCL 554.135 and 554.136) and by adding section 36a.

AI Summary

This bill amends existing Michigan law to prohibit foreign governments, state-sponsored enterprises, and individuals acting on their behalf from purchasing farmland in the state. The bill defines farmland as land zoned for agricultural use capable of producing crops, livestock, poultry, timber, dairy, orchards, or other agricultural products. Foreign governments are specifically defined to exclude U.S. federal, state, and local governments. The legislation allows foreign entities that already owned farmland in Michigan before October 1, 2023, to retain their existing property but prevents them from acquiring additional land. Key exceptions are made for land acquisitions that occur under United States treaties. The bill introduces technical definitions like "controlling interest" (50% or more ownership) and "primary interest" (serving geopolitical aims or investing against U.S. interests). The amendments modify previous provisions about land ownership by non-citizens, effectively creating new restrictions specifically targeting foreign government and state-sponsored enterprise land purchases in Michigan's agricultural sectors.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Referred To Committee On Government Operations (on 01/08/2025)

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