SF 2204: Relating to interests in agricultural land acquired or held by foreign businesses, foreign governments, or nonresident aliens, or by agents, trustees, or fiduciaries thereof, by providing for registration and reporting requirements, providing for enforcement, and providing penalties

What it does

BACKGROUND —— GENERAL (CODE CHAPTERS 9H, 9I, AND 10B). Currently, three related Code chapters impose requirements upon the acquisition or holding of agricultural land suitable for farming in this state. BACKGROUND —— FARMING BY A DOMESTIC OR FOREIGN BUSINESS ENTITY (CODE CHAPTER 9H).4). The Code chapter’s reporting requirement was repealed in 2003 (2003 Iowa Acts, chapter 115, sections and 19). BACKGROUND —— FARMING BY A FOREIGN PERSON (CODE CHAPTER 9I).3). The Code chapter specifically describes a foreign person as a foreign business, foreign government, or nonresident alien and any authorized representative of the foreign business, foreign government, or nonresident alien.

Lobbying · 17 for, 0 against

For: Agribusiness Association of Iowa; Corteva Agriscience; Governor's Office; Iowa Attorney General Dept. of Justice; Iowa Cattlemen's Association; Iowa Corn Growers Association; Iowa Department of Agriculture & Land Stewardship; Iowa Farm Bureau Federation; Iowa Farmers Union; Iowa Pork Producers Association; Iowa Secretary of State; Iowa Soybean Association; and 5 more

In plain words

1. February 1, 2024Filed in the Senate
2. February 1, 2024Approved by the Senate committee
3. February 19, 2024Passed the Senate, 47–0
4. February 26, 2024Took the place of HF 2483 on the House floor (the same legislation)
5. February 26, 2024Passed the House, 95–0
6. April 9, 2024Sent to the Governor
7. April 9, 2024Signed into law