Current:Home > StocksMissouri governor bans Chinese and Russian companies from buying land near military sites -Achieve Wealth Network
Missouri governor bans Chinese and Russian companies from buying land near military sites
View
Date:2025-04-12 13:58:40
JEFFERSON CITY, Mo. (AP) — Companies from China, Russia and other countries blacklisted by the U.S. no longer can buy land near military sites in Missouri under an order enacted by the state’s governor Tuesday.
Republican Gov. Mike Parson’s executive order prohibits citizens and companies from countries deemed threatening by the federal government from purchasing farms or other land within 10 miles of staffed military sites in the state. The federal government lists China, Cuba, Iran, North Korea, Russia and Venezuelan President Nicolas Maduro as foreign adversaries.
Parson’s move comes after a Chinese spy balloon’s flight across the U.S. lent momentum to decadeslong national security concerns about foreign land ownership.
Ownership restriction supporters often speculate about foreign buyers’ motives and whether people with ties to adversaries such as China intend to use land for spying or exerting control over the U.S. food supply.
Parson, a cattle rancher, on Tuesday told reporters that he believes his action goes as far as legally allowable for executive orders. He said he’ll be watching to see what legislation, if any, state lawmakers can pass on the issue by the mid-May end of session.
Republican Senate President Caleb Rowden has said passing such a law is a top priority for the session that begins Wednesday.
“While we have had no issues at this point, we want to be proactive against any potential threats,” Parson said.
Parson added that foreign entities currently do not own any land within 10 miles of military sites in the state.
Foreign entities and individuals control less than 2% of all U.S. land, and Chinese companies control less than 1% of that, according to the latest available report from the U.S. Department of Agriculture, which includes 2022 data. Canadian investors own the largest percentage of foreign-held land.
Missouri was among several Midwest states to pass laws in the 1970s that prohibited or restricted foreign land ownership amid concerns over Japanese investment. Missouri law completely banned foreign land ownership until 2013, when lawmakers passed a bill allowing as much as 1% of agricultural land to be sold to foreign entities.
Parson, along with every other state senator present for the vote, voted in favor of the bill, which also included changes to Missouri’s animal abuse and neglect law and a longer maximum prison sentence for stealing livestock.
Chinese entities owned 42,596 acres (172 square kilometers) of Missouri agricultural land as of 2021 — just a little under half of the roughly 100,000 agricultural acres (404 square kilometers) owned by all foreign entities, according to the Missouri Department of Agriculture. Much of that land is used for corporate hog farms in northern Missouri and is owned by a Chinese conglomerate that purchased Smithfield Foods Inc. in 2013.
Limitations on foreign individuals or entities owning farmland vary widely throughout the U.S. At least 24 states have restrictions.
veryGood! (59768)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Jay-Z talks 'being a beacon,' settles $500K or lunch with him debate
- AP Week in Pictures: North America
- Darius Miles, ex-Alabama basketball player, denied dismissal of capital murder charge
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Augusta National not changing Masters qualifying criteria for LIV golfers in 2024
- Exiled Russian journalist discusses new book, alleged poisoning attempt
- Special counsel accuses Trump of 'threatening' Meadows following ABC News report
- The Daily Money: Spending more on holiday travel?
- Jay-Z talks 'being a beacon,' settles $500K or lunch with him debate
Ranking
- Sam Taylor
- Norfolk Southern investing in automated inspection systems on its railroad to improve safety
- Pilot dead after small plane crashes in eastern Wisconsin
- Pilot dead after small plane crashes in eastern Wisconsin
- 2 killed, 3 injured in shooting at makeshift club in Houston
- State Department struggles to explain why American citizens still can’t exit Gaza
- Former President George W. Bush to throw out ceremonial first pitch before World Series opener
- With map redrawn favoring GOP, North Carolina Democratic US Rep. Jackson to run for attorney general
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Dalvin Cook says he's 'frustrated' with role in Jets, trade rumors 'might be a good thing'
Ottawa’s Shane Pinto suspended 41 games, becomes the 1st modern NHL player banned for gambling
FDA warns about risks of giving probiotics to preterm babies after infant's death
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Taylor Swift returns to Arrowhead stadium to cheer on Travis Kelce
Duran Duran reunites with Andy Taylor for best song in a decade on 'Danse Macabre' album
AP Week in Pictures: Europe and Africa