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Bill on Foreign Land Regulation Passes Iowa House

Bill on Foreign Land Regulation Passes Iowa House

KCAU-TV Sioux City

2 days ago

meanwhile the Iowa house unanimously passed a bill that would ramp up oversight and possible penalties for foreign owners for Farmland in Iowa the legislation would give the Iowa Attorney General the power to subpoena financial information purchase agreement and other documents while investigating possible violation to the state's rules on foreign land ownership the Iowa senate has already passed this measure with all all lawmakers voting yes the governor is expected to sign this legislation int
o law Governor Reynolds releasing a statement on the passage saying in quote American Farmland should remain in American hands and Iowa's agricultural dominance must be protected other states look to Iowa as a model but foreign adversaries are adapting and our laws must too I'm proud that the first bill sent to my desk this legislative session had bipartisan support to protect our most valuable resource Our Land

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