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Senate committee advances bill limiting land sales to certain foreign parties after title-industry concerns
Summary
Sen. Blake Johnson’s SB383, narrowing a land-ownership prohibition to a list of specified foreign parties, passed the committee after title-industry witnesses warned the draft could cloud future marketability of property and asked for amendments clarifying divestiture and enforcement procedures.
Sen. Blake Johnson (Dist. 21) told the Agriculture committee that SB383 updates a 2021 effort to restrict land purchases by specified foreign parties he described as a defense and food-security measure. Johnson said the bill targets a subset of countries on a federal defense/ITAR-related list rather than imposing a broad ban.
Wes Lassagne…
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