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
View
Date:2025-04-15 07:45:13
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! (1557)
Related
- Current, future North Carolina governor’s challenge of power
- Mike Babcock resigns as Columbus Blue Jackets coach after NHLPA investigation
- Seahawks receiver Tyler Lockett, with game-winning catch, again shows his quiet greatness
- Deion Sanders on who’s the best coach in the Power Five. His answer won’t surprise you.
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Mississippi officers justified in deadly shooting after police went to wrong house, jury rules
- 9 juvenile inmates escape from detention center in Pennsylvania
- Deion Sanders on who’s the best coach in the Power Five. His answer won’t surprise you.
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kirsten Dunst Proves Her Son Is a Spider-Man Fan—Despite Not Knowing She Played MJ
Ranking
- Intel's stock did something it hasn't done since 2022
- Ariana Grande and Dalton Gomez Officially File for Divorce After 2 Years of Marriage
- Report on racism against Roma and Sinti in Germany shows widespread discrimination
- Kirsten Dunst Proves Her Son Is a Spider-Man Fan—Despite Not Knowing She Played MJ
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Praise be! 'The Nun 2' holds box office top spot in second week with $14.7M
- Real Housewives of Orange County's Shannon Beador Arrested for DUI, Hit and Run
- Hunter Biden sues the IRS over tax disclosures after agent testimony
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Italy investigates if acrobatic plane struck birds before it crashed, killing a child on the ground
Florida teen accused of fatally shooting mom, injuring her boyfriend before police standoff
58,000 pounds of ground beef recalled over possible E. coli contamination
Federal hiring is about to get the Trump treatment
A new breed of leaders are atop the largest US unions today. Here are some faces to know
Hurricanes almost never hit New England. That could change as the Earth gets hotter.
Nigel becomes a hurricane but poses no immediate threat to land as it swirls through Atlantic