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MO HB2277

MO HB2277
Changes the laws regarding the foreign ownership of real property, with a penalty provision


summary

Introduced
01/07/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Changes the laws regarding the foreign ownership of real property, with a penalty provision

AI Summary

This bill changes Missouri's laws regarding foreign ownership of real property, particularly agricultural land, by establishing new restrictions and reporting requirements. Beginning August 28, 2026, the bill limits total foreign and alien ownership of agricultural land to one percent of the state's total agricultural land and requires all proposed land acquisitions by aliens or foreign businesses to be submitted to the Missouri Department of Agriculture and the Attorney General for review at least 30 days before finalizing the transaction. The bill introduces new definitions for terms like "foreign adversary", "foreign terrorist organization", and "specially designated global terrorist" and explicitly prohibits these entities from acquiring land in Missouri. Additionally, the legislation mandates that any land acquired in violation of these provisions is subject to divestiture through a court action, with owners given two years to sell or transfer the property. The bill also requires detailed reporting for foreign land acquisitions, including information about the purchaser, the land, and the intended use, with potential civil penalties for non-compliance. The legislation aims to provide increased oversight and protection of Missouri's agricultural lands from foreign ownership, particularly by entities that might pose national security risks.

Sponsors (1)

Last Action

Read Second Time (H) (on 01/08/2026)

bill text


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