HB 4233
Property: land sales; prohibition for foreign entity to purchase farmland in Michigan; provide for. Amends title & secs. 35 & 36 of 1846 RS 66 (MCL 554.135 & 554.136) & adds sec. 36a.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits foreign entities from purchasing farmland in Michigan. It establishes a new section (36a) that restricts foreign persons from acquiring agricultural land within the state. Existing owners of agricultural land who are foreign persons will have a limited time to register their land with the Secretary of State and comply with specific requirements. Violations of this law can result in legal action and potential forfeiture of the land.
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