Iowa HF83 prohibits foreign governments from acquiring or owning real property or agricultural land in the state.

Iowa HF83 amends state law to prohibit foreign governments from acquiring or owning real property or agricultural land in the state. The bill mandates that any real property or agricultural land currently owned by foreign governments must be divested within two years of the bill's effective date. It also prohibits foreign governments from acquiring any real property or agricultural land in the future. Exceptions include agricultural land owned by foreign governments on January 1, 1980, and agricultural land acquired by devise or descent from a nonresident alien prior to July 1, 1979.

Iowa HF83 prohibits foreign governments from acquiring or owning real property or agricultural land in the state.

Iowa HF83 amends state law to prohibit foreign governments from acquiring or owning real property or agricultural land in the state. The bill mandates that any real property or agricultural land currently owned by foreign governments must be divested within two years of the bill's effective date. It also prohibits foreign governments from acquiring any real property or agricultural land in the future. Exceptions include agricultural land owned by foreign governments on January 1, 1980, and agricultural land acquired by devise or descent from a nonresident alien prior to July 1, 1979.