Michigan HB4234 prohibits foreign entities from acquiring agricultural land or real property within 20 miles of military installations or key.

Michigan HB4234 amends existing law to prohibit foreign entities from acquiring agricultural land or real property within 20 miles of military installations or key facilities. The bill defines "foreign principal" as entities from countries of concern, including China, Russia, Iran, North Korea, Cuba, Venezuela, or Syria. Foreign principals must register with the Department of Agriculture and Rural Development by July 1, 2025, or face civil fines.

Michigan HB4234 prohibits foreign entities from acquiring agricultural land or real property within 20 miles of military installations or key.

Michigan HB4234 amends existing law to prohibit foreign entities from acquiring agricultural land or real property within 20 miles of military installations or key facilities. The bill defines "foreign principal" as entities from countries of concern, including China, Russia, Iran, North Korea, Cuba, Venezuela, or Syria. Foreign principals must register with the Department of Agriculture and Rural Development by July 1, 2025, or face civil fines.