Texas 2025 - 89th Regular

Texas House Bill HB518 Compare Versions

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11 89R430 DRS-D
22 By: Leo Wilson H.B. No. 518
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77 A BILL TO BE ENTITLED
88 AN ACT
99 relating to the ownership of agricultural land by nonresident
1010 aliens or foreign entities.
1111 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1212 SECTION 1. Title 1, Agriculture Code, is amended by adding
1313 Chapter 3 to read as follows:
1414 CHAPTER 3. OWNERSHIP OF AGRICULTURAL LAND
1515 Sec. 3.001. DEFINITIONS. In this chapter:
1616 (1) "Agricultural land" means land that qualifies for
1717 tax appraisal under Subchapter C or D, Chapter 23, Tax Code.
1818 (2) "Foreign" means created or organized in a country
1919 other than the United States or under the law of a country other
2020 than the United States.
2121 (3) "Nonresident alien" means a citizen of a country
2222 other than the United States who is not a resident of this state.
2323 Sec. 3.002. NONRESIDENT ALIEN OR FOREIGN ACQUISITION OF
2424 AGRICULTURAL LAND PROHIBITED. Notwithstanding any other law, a
2525 nonresident alien, foreign business, or foreign government, or an
2626 agent, trustee, or fiduciary of a nonresident alien, foreign
2727 business, or foreign government, may not purchase or otherwise
2828 acquire title to agricultural land in this state.
2929 Sec. 3.003. ANNUAL REPORT OF NONRESIDENT ALIEN OR FOREIGN
3030 OWNERSHIP OF AGRICULTURAL LAND. (a) Not later than January 1 of
3131 each year, the department shall submit to the governor, lieutenant
3232 governor, and speaker of the house of representatives a report that
3333 identifies all agricultural land in this state owned by a
3434 nonresident alien, foreign business, or foreign government, or an
3535 agent, trustee, or fiduciary of a nonresident alien, foreign
3636 business, or foreign government.
3737 (b) The department shall post and maintain on the
3838 department's Internet website the most recent report required by
3939 Subsection (a).
4040 SECTION 2. Section 5.005, Property Code, is amended to read
4141 as follows:
4242 Sec. 5.005. ALIENS. Except as provided by Chapter 3,
4343 Agriculture Code, an [An] alien has the same real and personal
4444 property rights as a United States citizen.
4545 SECTION 3. This Act takes effect September 1, 2025.