Current:Home > StocksMissouri governor bans Chinese and Russian companies from buying land near military sites -FutureFinance
Missouri governor bans Chinese and Russian companies from buying land near military sites
Johnathan Walker View
Date:2025-04-07 07:21:55
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! (9)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Georgia judge rejects GOP lawsuit trying to block counties from accepting hand-returned mail ballots
- 2025 NFL draft order: Updated list after early slate of Week 9 games
- The man who took in orphaned Peanut the squirrel says it’s ‘surreal’ officials euthanized his pet
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- John Mulaney Shares Insight Into Life at Home With Olivia Munn and Their 2 Kids During SNL Monologue
- As Ice Coverage of Lakes Decreases, Scientists Work to Understand What Happens Under Water in Winter
- Chloë Grace Moretz Comes Out as Gay in Message on Voting
- Travis Hunter, the 2
- Election Throws Uncertainty Onto Biden’s Signature Climate Law
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Former Kentucky officer found guilty of violating Breonna Taylor's civil rights
- 'Unless you've been through it, you can't understand': Helene recovery continues in NC
- Could daylight saving time ever be permanent? Where it stands in the states
- Intellectuals vs. The Internet
- Target transforms stores into 'Fantastical Forest' to kick off holiday shopping season
- James Van Der Beek Apologizes to Loved Ones Who Learned of His Cancer Diagnosis Through the Media
- Who’s Running in the Big Money Election for the Texas Railroad Commission?
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
4 easy ways to find, enjoy scary stories this Halloween: Video
Horoscopes Today, November 1, 2024
What is the birthstone for November? Here's the month's dazzling gems.
What do we know about the mysterious drones reported flying over New Jersey?
Louisiana’s new law on abortion drugs establishes risky treatment delays, lawsuit claims
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
Pennsylvania Lags Many Other States in Adoption of Renewable Energy, Report Says