Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas HB1680: TO PREVENT A FOREIGN-PARTY-CONTROLLED BUSINESS FROM LEASING LAND; AND TO PROHIBIT A PROHIBITED FOREIGN PARTY FROM HOLDING AN INTEREST IN REAL PROPERTY OR AGRICULTURAL LAND IN CERTAIN CIRCUMSTANCES
Status: Chaptered, April 17, 2025
What the bill says
An act to be entitled an act to amend the law concerning ownership of real property and agricultural land; to prohibit a foreign-party-controlled business from leasing an interest in land; to define "critical infrastructure" as used in relation to foreign ownership of land; to prohibit a prohibited foreign party from holding an interest in real property or agricultural land in certain circumstances; and for other purposes. subtitle to prevent a foreign-party-controlled business from leasing land…
From the enrolled text:
An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING OWNERSHIP OF REAL PROPERTY AND AGRICULTURAL LAND; TO PROHIBIT A FOREIGN-PARTY-CONTROLLED BUSINESS FROM LEASING AN INTEREST IN LAND; TO DEFINE "CRITICAL INFRASTRUCTURE" AS USED IN RELATION TO FOREIGN OWNERSHIP OF LAND; TO PROHIBIT A PROHIBITED FOREIGN PARTY FROM HOLDING AN INTEREST IN REAL PROPERTY OR AGRICULTURAL LAND IN CERTAIN CIRCUMSTANCES; AND FOR OTHER PURPOSES. Subtitle TO PREVENT A FOREIGN-PARTY-CONTROLLED BUSINESS FROM LEASING LAND; AND TO PROHIBIT A PROHIBITED FOREIGN PARTY FROM HOLDING AN INTEREST IN REAL PROPERTY OR AGRICULTURAL LAND IN CERTAIN CIRCUMSTANCES. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 18-11-110(a)--(c), prohibitions on land ownership by a prohibited foreign-party-controlled business, are amended to *ZRC075* 03-31-2025 11:46:42 ZRC075 As Engrossed: H3/31/25 HB1680 read as follows: (a) As used in this section: (1) "Controlling interest" means an ownership interest of fifty percent (50%) or more, in the aggregate; (2)(A) "Critical infrastructure" means physical or virtual systems and assets that: (i) If incapacitated or destroyed would have a debilitating impact on security, national economic security, public health or safety, or any combination of security, national economic security, or public health and safety; and (ii) Are publicly or privately owned. (B) "Critical infrastructure" includes without (ii) An emergency service; (iii) A power …