Bill > HB993

This bill makes significant changes to Missouri's laws regarding foreign ownership of agricultural land, establishing strict limitations and reporting requirements. Beginning August 28, 2025, the bill restricts aliens and foreign businesses from acquiring agricultural land if such ownership would exceed one-half of one percent of the state's total agricultural land. All proposed land acquisitions must be submitted to the Department of Agriculture and the Attorney General at least 30 days prior to finalization for review. The bill introduces new reporting obligations, requiring foreign owners to report land usage upon acquisition and every five years thereafter, and to notify authorities within 30 days of any changes in land use. Notably, the bill includes a specific prohibition on land purchases by citizens or businesses from "foreign adversaries" as defined by federal regulations. The legislation also provides mechanisms for divestiture, allowing courts to order the sale of improperly acquired land within two years if ownership violations are discovered. Violations can result in civil penalties up to 25% of the land's fair market value, and the Attorney General is empowered to investigate and take legal action against non-compliant foreign land owners. The bill aims to protect Missouri's agricultural resources by closely monitoring and limiting foreign land ownership.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB993&year=2025&code=R