Missouri 2025 Regular Session

Missouri Senate Bill SB250

Introduced
1/8/25  

Caption

Modifies provisions regarding foreign ownership of agricultural land in Missouri

Impact

The bill's enactment would significantly alter the legal landscape surrounding property rights in Missouri, particularly concerning agricultural land ownership. By enforcing a strict prohibition on foreign ownership, the bill aims to protect local interests and maintain control over vital agricultural resources within the state. It is anticipated that this legislation could have a far-reaching impact by reducing the influence of foreign entities in local food production and agricultural practices.

Summary

Senate Bill 250 seeks to modify existing provisions regarding foreign ownership of property within the state of Missouri. Specifically, the bill aims to prohibit state departments and agencies from conferring any public benefits, such as grants, contracts, loans, or tax credits, to foreign-owned properties. Additionally, it establishes limits on the acquisition of agricultural land by foreign entities, completely banning the acquisition of such land by aliens or foreign businesses and requiring existing foreign property owners to divest their agricultural holdings.

Contention

However, the bill has generated considerable debate among lawmakers and interest groups. Proponents argue that the restrictions on foreign ownership serve to safeguard national security and preserve American agricultural integrity. They contend that reliance on foreign entities for land ownership could lead to economic vulnerabilities. On the other hand, critics argue that such measures could stifle investment and disregard the economic benefits that could arise from foreign involvement in the state's agricultural sector, suggesting that a balance needs to be struck between safeguarding local interests and embracing beneficial investments.

Companion Bills

No companion bills found.

Previously Filed As

MO SB865

Modifies provisions regarding foreign ownership of property

MO SB806

Modifies provisions regarding foreign ownership of agricultural land

MO HB903

Changes the laws regarding the foreign ownership of real property

MO SB55

Modifies provisions regarding foreign ownership of agricultural land

MO SB332

Modifies provisions regarding foreign ownership of agricultural land

MO SB541

Modifies provisions regarding foreign ownership of real estate

MO SB334

Modifies provisions regarding foreign ownership of real estate

MO SB76

Repeals certain provisions pertaining to foreign ownership of agricultural land

MO SB144

Modifies provisions relating to foreign ownership of agricultural land

MO SB786

Modifies provisions relating to foreign ownership of agricultural land

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