SB866

Missouri SB866 modifies rules on foreign ownership of agricultural land, prohibiting new acquisitions by aliens or foreign businesses after August.

Missouri SB866 modifies provisions on foreign ownership of agricultural land, prohibiting any alien or foreign business from acquiring such land after August 28, 2026. The bill mandates that all proposed transfers of agricultural land held by aliens or foreign businesses must comply with state rules and chapter 536. It also stipulates that any alien or foreign business that acquires land in violation of these provisions remains in violation as long as they hold an interest in the land. The bill repeals section 442.571 and enacts a new section with these updated rules.