Real Property – As introduced, restricts certain foreign investments in land located within this state through the creation of two separate prohibitions, one that restricts a prohibited foreign-party-controlled business from acquiring real property and another that restricts a prohibited foreign-party from acquiring agricultural land located within this state.

Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66.

TRACK THE BILL: HB 2553 / SB 2639

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Bill Sponsors

Rep. Jay Reedy

House District 74

Sen. Frank Niceley

Senate District 8