Tag: California law
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A California law might prohibit foreign buyers from purchasing state farmland
A bipartisan state law will forbid foreign governments from purchasing land for farming in California. Additionally, Senate Bill 224 might mandate that the state keep records of and release a yearly report on international ownership of assets in California. As per a 2021 U.S. Department of Agriculture study, international investors hold 2.8% of California’s land; nevertheless,…