Current:Home > StocksMissouri governor bans Chinese and Russian companies from buying land near military sites -MoneyFlow Academy
Missouri governor bans Chinese and Russian companies from buying land near military sites
View
Date:2025-04-19 14:00:52
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! (4793)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Kyle Richards and Mauricio Umansky Break Up After 27 Years of Marriage
- The path to Bed Bath & Beyond's downfall
- Inside Clean Energy: Batteries Got Cheaper in 2021. So How Close Are We to EVs That Cost Less than Gasoline Vehicles?
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Everything We Know About the It Ends With Us Movie So Far
- Warming Trends: Laughing About Climate Change, Fighting With Water and Investigating the Health Impacts of Fracking
- Blast Off With These Secrets About Apollo 13
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Ezra Miller Breaks Silence After Egregious Protective Order Is Lifted
Ranking
- South Korean president's party divided over defiant martial law speech
- Beauty TikToker Mikayla Nogueira Marries Cody Hawken
- With Biden in Europe Promising to Expedite U.S. LNG Exports, Environmentalists on the Gulf Coast Say, Not So Fast
- Analysis: Fashion Industry Efforts to Verify Sustainability Make ‘Greenwashing’ Easier
- The White House is cracking down on overdraft fees
- Love Island’s Ekin-Su Cülcüloğlu and Davide Sanclimenti Break Up
- Tory Burch 4th of July Deals: Save 70% On Bags, Shoes, Jewelry, and More
- How Princess Diana's Fashion Has Stood the Test of Time
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Oil Industry Moves to Overturn Historic California Drilling Protection Law
A magazine touted Michael Schumacher's first interview in years. It was actually AI
Inside Clean Energy: Taking Stock of the Energy Storage Boom Happening Right Now
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
The Oakland A's are on the verge of moving to Las Vegas
North Carolina Hurricanes Linked to Increases in Gastrointestinal Illnesses in Marginalized Communities
NBCUniversal CEO Jeff Shell fired after CNBC anchor alleges sexual harassment