HB 575 KY

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Passed Legislature

Create new sections 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 an existing foreign-owned business to purchase adjacent agricultural land to expand the operations of the business; exempt foreign ownership or leasing of up to 350 acres for research purposes; establish the Kentucky Foreign Investment Review Board to review applications for appeal for those on the prohibited countries list wishing to purchase, lease, or acquire agricultural land, set forth requirements of the board to approve or deny an application for appeal, establish a process for an application for appeal, authorize the board to promulgate administrative regulations; allow an applicant who is denied an appeal to purchase agricultural land to appeal the final decision in Circuit Court; require a county clerk to record an affidavit on any deed that conveys agricultural land and report the affidavit recordings monthly to the Kentucky Foreign Investment Review Board, require the Kentucky Foreign Investment Review Board to report to the Committee on Foreign Investment in the United States each month; set forth requirements to divest land that has been purchased, leased, or denied without approval of the Kentucky Foreign Investment Review Board, and direct the distribution of sale proceeds.

• R. Heath · primary
• D. Hale Republican · primary
• S. Baker Republican · primary
• D. Bentley · primary
• K. Bratcher · primary
• S. Bratcher Republican · primary
• J. Calloway Republican · primary
• J. Decker Republican · primary
• D. Elliott Republican · primary
• D. Fister Republican · primary
• C. Freeland Republican · primary
• K. King Republican · primary
• C. Massaroni Republican · primary
• S. McPherson Republican · primary
• M. Meredith Republican · primary
• A. Neighbors Republican · primary
• M. Pollock Republican · primary
• R. Raymer Republican · primary
• N. Tate Republican · primary
• W. Thomas Republican · primary

1. Feb 15, 2024 introduced in House · lower
2. Feb 15, 2024 to Committee on Committees (H) · lower
3. Feb 27, 2024 to State Government (H) · lower
4. Feb 29, 2024 reported favorably, 1st reading, to Calendar with Committee Substitute (1) · lower
5. Mar 1, 2024 2nd reading, to Rules · lower
6. Mar 5, 2024 recommitted to Appropriations & Revenue (H) · lower
7. Mar 13, 2024 floor amendment (1) filed to Committee Substitute · lower
8. Mar 14, 2024 taken from Appropriations & Revenue (H) · lower
9. Mar 14, 2024 returned to Rules · lower
10. Mar 14, 2024 posted for passage in the Regular Orders of the Day for Friday, March 15, 2024 · lower
11. Mar 21, 2024 3rd reading, passed 83-14 with Committee Substitute (1) and Floor Amendment (1) · lower
12. Mar 22, 2024 received in Senate · upper
13. Mar 22, 2024 to Committee on Committees (S) · upper
14. Mar 25, 2024 to Agriculture (S) · upper
15. Mar 26, 2024 reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1) · lower
16. Mar 27, 2024 2nd reading, to Rules as a consent bill · lower
17. Mar 27, 2024 posted for passage in the Consent Orders of the Day for Thursday, March 28, 2024 · lower
18. Mar 28, 2024 3rd reading, passed 38-0 with Committee Substitute (1) · lower
19. Mar 28, 2024 received in House · lower
20. Mar 28, 2024 to Rules (H) · lower
21. Apr 15, 2024 posted for passage for concurrence in Senate Committee Substitute (1) · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Current/Final · PDF
• Introduced · PDF