PIERRE, S.D. (SDBA) — Foreign nationals and the governments of six “rogue” nations would be banned from purchasing agricultural land under a measure passed by a Senate committee Thursday.
The Senate Agriculture and Natural Resources Committee passed HB1231 6 to 0.
The bill also fixes a loophole in a 1979 law that allowed foreign corporations and limited liability companies from purchasing land in the state. The banned nations in the bill are China, Russia, North Korea, Venezuela, Cuba, and Iran.
Read more of this story from our partners at the Dakota News Network: https://dakotanewsnetwork.com/south-dakota-news/senate-committee-passes-bill-blocking-agricultural-land-ownership-by-rogue-nations/
