Ohio SB88 prohibits certain entities from acquiring agricultural land and mandates divestment if acquired.

Ohio SB88, the Ohio Property Protection Act, restricts the acquisition of agricultural land by specific entities, including foreign adversaries and their affiliates. The act mandates divestment of such land within two years. It also requires county auditors to report violations to the attorney general and county sheriffs for investigation. If violations are found, the land is escheated to the state and sold, with proceeds going to court costs, lien holders, and the general fund of affected counties.

Ohio SB88 prohibits certain entities from acquiring agricultural land and mandates divestment if acquired.

Ohio SB88, the Ohio Property Protection Act, restricts the acquisition of agricultural land by specific entities, including foreign adversaries and their affiliates. The act mandates divestment of such land within two years. It also requires county auditors to report violations to the attorney general and county sheriffs for investigation. If violations are found, the land is escheated to the state and sold, with proceeds going to court costs, lien holders, and the general fund of affected counties.