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VA SB464

VA SB464
Interest in agricultural land; amends definition of foreign adversaries.


summary

Introduced
01/13/2026
In Committee
02/25/2026
Crossed Over
02/13/2026
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Interest in agricultural land; foreign adversaries. Amends the definition of foreign adversary, as it relates to the prohibition on ownership of agricultural land by foreign adversaries, to include any business entity that is substantially funded by a foreign government or nongovernment person determined by the U.S. Secretary of Commerce to have engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States or security and safety of United States persons. The bill also amends the definition of "interest in agricultural land" to (i) include any controlling lease, long-term land use agreement, mineral rights, or water rights and (ii) remove the exclusion for any interest that taken on its own or together with any other interest held in common or under common control does not give the holder of the interest the ability to possess or occupy the agricultural land in any manner or the power or authority to direct the conduct of the agricultural operation being conducted on the agricultural land.

AI Summary

This bill expands the definition of "foreign adversary" to include any business entity substantially funded by a foreign government or person deemed by the U.S. Secretary of Commerce to be a threat to national security, and it broadens the definition of "interest in agricultural land" to encompass controlling leases, long-term land use agreements, mineral rights, and water rights, while removing an exclusion that previously exempted interests that did not grant the holder the ability to possess, occupy, or direct agricultural operations.

Committee Categories

Agriculture and Natural Resources, Justice

Sponsors (1)

Last Action

Reported from Agriculture, Chesapeake and Natural Resources (13-Y 9-N) (on 02/25/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB464
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB464) https://lis.blob.core.windows.net/files/1096472.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB464/text/SB464
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