KentuckyAN ACT relating to the acquisition of agricultural land.
What it does
Create a new section of KRS Chapter 247 to define terms; prohibit a nonresident alien, foreign business, foreign agent, trustee, or fiduciary associated with the government of any proscribed country referenced in 22 C.F.R. sec. 126.1 from the purchase, lease, or acquisition of agricultural land in Kentucky or participation in programs administered by the Department of Agriculture, Agricultural Development Board, and Kentucky Agricultural Finance Corporation; allow a nonresident alien, foreign business, foreign agent, trustee, or fiduciary to own, purchase, hold, or develop agricultural land for nonagricultural use provided that the development is completed within five years of acquiring the land; require that a copy of the report required under the provisions of the Agricultural Foreign Investment Disclosure Act be filed with the Department of Agriculture; require the Department of Agriculture to report evidence of noncompliance to the Office of the Attorney General; require the Office of the Attorney General to investigate the evidence; allow the Office of the Attorney General to enforce provisions; require that agricultural land found in violation be escheated to the state and be subject to judicial foreclosure; set requirements for disbursement of proceeds of the sale.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 25signed by Governor Andy Beshear (Acts Ch. 84)Became Law
- Mar 15
- Vote recorded Final Passage. Result: pass.Lower
- Mar 14delivered to Governor
- Vote recorded PASS HB 315 W/ scs1 sfa3. Result: pass.Lower
- Mar 14enrolled, signed by President of the SenateTo Governor
- Mar 14enrolled, signed by Speaker of the HouseMajor
- Mar 14passed 89-1Major
- Mar 14House concurred in Senate Committee Substitute (1) and Floor Amendment (3)
- Mar 14posted for passage for concurrence in Senate Committee Substitute (1) and Floor Amendment (3)
- Mar 14to Rules (H)Minor
- Mar 14received in House
- Mar 14passed 34-2 with Committee Substitute (1) and Floor Amendment (3)Major
- Mar 14Floor Amendments (1) and (2) withdrawn
- Mar 143rd readingMinor
- Mar 13passed over and retained in the Orders of the DayPassed Senate
- Mar 13floor amendments (2) and (3) filed to Committee SubstituteMinor
- Mar 12posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
- Mar 122nd reading, to RulesMinor
- Mar 11floor amendment (1) filed to Committee SubstituteMinor
- Mar 11reported favorably, 1st reading, to Calendar with Committee Substitute (1)Minor
- Mar 6to Agriculture (S)Minor
- Mar 4to Committee on Committees (S)Minor
- Mar 4received in Senate
- Feb 283rd reading, passed 93-0Passed House
- Vote recorded Pass. Result: pass.Lower
- Feb 27posted for passage in the Regular Orders of the Day for Friday, February 28, 2025
- Feb 272nd reading, to RulesMinor
- Feb 26reported favorably, 1st reading, to CalendarMinor
- Feb 7to Agriculture (H)Minor
- Feb 5to Committee on Committees (H)Minor
- Feb 5introduced in HouseIntroduced