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Primary Sponsor

Last Action

Re-ref Com On Rules, Calendar, and Operations of the House2026-06-09

Vote Breakdown

Plain Language Summary

This bill prohibits entities from adversarial foreign governments (as defined by federal arms regulations) from purchasing, leasing, or holding agricultural land or property within 50 miles of North Carolina military installations. Entities that owned such land before the law takes effect must register with the Secretary of State and cannot buy additional land. Those acquiring such land after the effective date must divest within one year, or face civil penalties and forced sale through court receivership.

Arguments in Favor

• •Supporters argue this protects North Carolina's agricultural productivity and national security by preventing potential adversarial nations from controlling farmland or strategically important land near military bases.
• •They contend the bill uses existing federal definitions of adversarial nations and includes exemptions for legitimate investors who have cleared security reviews, while allowing existing foreign landowners to keep current holdings if they register.

Arguments Against

• •Opponents worry the law may discourage foreign investment, complicate real estate transactions, and create enforcement challenges for agents and title companies who must verify buyer status.
• •They also raise concerns that the definition of "adversarial foreign party" through ownership thresholds (33-50%) could inadvertently affect legitimate businesses with foreign investors, and question whether state-level restrictions duplicate federal authority under CFIUS (Committee on Foreign Investment in the United States).