New Jersey A1191 restricts foreign governments and persons from owning agricultural land in the state.

New Jersey A1191 prohibits foreign governments and persons from acquiring, purchasing, or obtaining any interest in agricultural land in the state, effective immediately. Exceptions include land acquired through debt collection, foreclosure, or lien processes, which must be sold within two years. Existing foreign owners must sell their land within five years, with a deed of easement ensuring continued agricultural use. The Secretary of Agriculture must report annually on foreign ownership data, including acreage, ownership changes, and land use. The bill takes effect immediately.

New Jersey A1191 restricts foreign governments and persons from owning agricultural land in the state.

New Jersey A1191 prohibits foreign governments and persons from acquiring, purchasing, or obtaining any interest in agricultural land in the state, effective immediately. Exceptions include land acquired through debt collection, foreclosure, or lien processes, which must be sold within two years. Existing foreign owners must sell their land within five years, with a deed of easement ensuring continued agricultural use. The Secretary of Agriculture must report annually on foreign ownership data, including acreage, ownership changes, and land use. The bill takes effect immediately.