Prohibits certain noncitizens, foreign governments, and foreign entities from taking any real property that is zoned as industrial, light industrial, heavy industrial, residential agricultural, agricultural or rural agricultural.
Prohibits certain noncitizens, foreign governments, and foreign entities from taking any real property that is zoned as industrial, light industrial, heavy industrial, residential agricultural, agricultural or rural agricultural.
To Prevent A Foreign-party-controlled Business From Leasing Land; And To Prohibit A Prohibited Foreign Party From Holding An Interest In Real Property Or Agricultural Land In Certain Circumstances.
Relates to prohibiting the acquisition or transfer of agricultural land by foreign adversaries after January 1, 2026; provides that such prohibition will not apply to any interest in agricultural land held by a foreign adversary prior to such date or any federally recognized Indian tribe or its government units and enterprises; defines terms.
Prohibits the sale or lease of agricultural and forest property and real property on or within ten miles of any military installation or critical infrastructure facility in the state to foreign countries of concern and foreign principals.
Property: land sales; sale or transfer of agricultural assets or land to foreign entities; prohibit. Amends title & secs. 35 & 36 of 1846 RS 66 (MCL 554.135 & 554.136) & adds secs. 36a & 36b.