HB 1135 - Prohibits Foreign Governments from Buying Agricultural Land in North Dakota - North Dakota Key Vote

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Title: Prohibits Foreign Governments from Buying Agricultural Land in North Dakota

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Title: Prohibits Foreign Governments from Buying Agricultural Land in North Dakota

Vote Smart's Synopsis:

Vote to pass a bill that prohibits foreign governments from buying agricultural land in North Dakota.

Highlights:

  • Prohibits foreign governments (Canada exempt) or state-controlled enterprises interest in agricultural land in North Dakota (Sec. 1).

  • Defines “foreign governments interest in agricultural land” includes the purchase, acquisition, or possession of any absolute or qualified ownership of land by a foreign government, but does not include leasehold interest (Sec. 1).

  • Defines “state-controlled enterprise” means a business enterprise, however denominated, in which a foreign government has a controlling interest (Sec. 1).

  • Specifies that this bill shall take effect June 30, 2023 but exempts any agricultural land held by a foreign governent before July 1, 2023 (Sec. 2).

Title: Prohibits Foreign Governments from Buying Agricultural Land in North Dakota

Title: Prohibits Foreign Governments from Buying Agricultural Land in North Dakota

Title: Prohibits Foreign Governments from Buying Agricultural Land in North Dakota

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