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Senate committee adopts substitute for Ohio Property Protection Act; farm groups warn of rising foreign ownership risks
Summary
The Senate General Government Committee adopted a substitute for Senate Bill 88 and heard proponent testimony that Ohio farmland is at risk from foreign acquisition and opaque ownership structures.
The Senate General Government Committee on March 18 adopted a substitute to Senate Bill 88, the Ohio Property Protection Act, and heard proponent testimony that foreign-linked ownership poses a threat to Ohio farmland and critical infrastructure.
Committee chair moved and the panel adopted without objection a substitute described to members as “Bill 0484-2,” which would add a disclosure and prohibit acquisition of certain “protected property” by individuals, businesses or governments the secretary of state deems associated with countries that threaten agricultural production, critical infrastructure, security or military defense. The substitute also states that…
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