Georgia 2023-2024 Regular Session

Georgia House Bill HB1093 Latest Draft

Bill / Comm Sub Version Filed 02/15/2024

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The  House  Committee  on  Agriculture  and  Consumer  Affairs  offers  the  following 
substitute to HB 1093:
A BILL TO BE ENTITLED
AN ACT
To amend Chapter 1 of Title 2 of the Official Code of Georgia Annotated, relating to general1
provisions relative to agriculture, so as to prohibit the acquisition of possessory interest in2
certain land by certain foreign persons and entities; to provide for definitions; to provide for3
exceptions; to provide for civil actions; to provide for penalties; to provide for related4
matters; to repeal conflicting laws; and for other purposes.5
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:6
SECTION 1.7
Chapter 1 of Title 2 of the Official Code of Georgia Annotated, relating to general provisions8
relative to agriculture, is amended by adding a new Code section to read as follows:9
"2-1-7.10
(a)  As used in this Code section, the term:11
(1)  'Agricultural land' means any land capable of use in the production of agricultural12
crops, timber, livestock or livestock products, poultry or poultry products, milk or dairy13
products, or fruit or other horticultural products, but does not include any land zoned by14
a local governmental unit for a use other than and nonconforming with agricultural use.15
(2)  'Nonresident alien' means:16
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(A)  Any natural person described in subsection (a) of Code Section 1-2-11 who is not17
a United States citizen or legal resident, is a subject of a foreign government designated18
as a foreign adversary by the United States Secretary of Commerce, and:19
(i)  Has been physically absent from the United States for more than six months out20
of the most recent 12 months preceding the acquisition of a possessory interest21
described in this Code section; or22
(ii)  Has been physically absent from Georgia for more than two months out of the23
most recent 12 months preceding the acquisition of a possessory interest described in24
this Code section;25
(B)  A corporation, partnership, limited partnership, trustee, or other business entity that26
is:27
(i)  Domiciled in a country whose government is designated as a foreign adversary by28
the United States Secretary of Commerce; or29
(ii)  Domiciled within the United States, but the ownership of at least 25 percent of30
which is composed of any corporation, partnership, limited partnership, trustee, or31
other business entity that is domiciled in a country whose government is designated32
as a foreign adversary by the United States Secretary of Commerce;33
provided, however, that this subparagraph shall not include a corporation, partnership,34
limited partnership, trustee, or other business entity leasing land from its owner and35
using such land for agricultural research and development or experimental purposes,36
including testing, developing, or producing crop production inputs, including, but not37
limited to, seeds, plants, pesticides, soil amendments, biologicals, and fertilizers, for38
sale or resale to farmers; or39
(C)  A foreign government designated as a foreign adversary by the United States40
Secretary of Commerce.41
(3) 'Residential property' means single-family and two-family, three-family, and42
four-family residential real estate.43
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(b)(1)  Except as provided by subsections (c) and (d) of this Code section, no nonresident44
alien shall acquire directly or indirectly any possessory interest in agricultural land or45
land within a ten mile radius of any military base, military installation, or military airport.46
(2)  This subsection shall not apply to residential property.47
(c)(1)(A)  A nonresident alien may acquire a possessory interest in agricultural land by48
devise or inheritance, as security for indebtedness, in the collection of debts, or by any49
procedure for the enforcement of a lien or claim thereon, whether created by mortgage50
or otherwise.51
(B)  Any such possessory interest in agricultural land acquired by a nonresident alien52
in the collection of debts or by any procedure for the enforcement of a lien or claim53
thereon shall be disposed of within two years after acquiring such possessory interest.54
(C)  Any such possessory interest in agricultural land acquired by a nonresident alien55
by devise or inheritance shall be disposed of within one year after acquiring such56
possessory interest.57
(2) A nonresident alien with any possessory interest in agricultural land as of58
June 30, 2024, shall dispose of such possessory interest no later than June 30, 2027.59
(d)  A nonresident alien that acquires a possessory interest in agricultural land pursuant to60
subsection (c) of this Code section may avoid disposing of such interest if, within the time61
required for disposal, such nonresident alien terminates said nonresident alien status.62
(e)  A broker who is engaged by client who is a prospective buyer or seller of a possessory63
interest in agricultural land shall timely disclose to said client the requirements and64
limitations of this Code section.  For purposes of this subsection, the terms 'broker,' 'client,'65
and 'timely' shall have the same meanings as provided in Code Section 10-6A-3.66
(f)  A nonresident alien that purports to acquire any interest in agricultural land in violation67
of this Code section shall be barred from making any claim against any party for restitution68
of the purchase price paid by such nonresident alien in connection with such interest in69
agricultural land or for any other kind of payment relating to the nonresident alien's loss70
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or lack of title to such interest in agricultural land.  The legal counsel of any county,71
municipality, or consolidated government in which the agricultural land is located, the72
Attorney General, or any person that is not a nonresident alien that was a party to the void73
transaction or is a subsequent holder of such interest may file an action.74
(g)  An individual who intentionally violates the provisions of this Code section shall be75
guilty of a felony and shall be punished by a fine of not more than $15,000.00 or76
imprisonment for not less than one year nor more than two years, or both."77
SECTION 2.78
All laws and parts of laws in conflict with this Act are repealed.79
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