Oklahoma HB1453 prohibits foreign ownership of agricultural land and real property, mandates divestment, and outlines enforcement procedures.
Oklahoma HB1453 establishes restrictions on foreign ownership of agricultural land and real property within the state. It prohibits certain foreign parties and entities from acquiring or holding interests in these properties. If a prohibited foreign party or entity fails to divest the property as required, the Attorney General must initiate legal action. The bill also creates the Office of Agricultural Intelligence within the Oklahoma Department of Agriculture, Food, and Forestry to monitor and report violations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.