Tennessee legislation · 114th General Assembly
Tennessee HB2547: AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases.
Status: Chaptered, April 29, 2026
Fiscal Summary NOT SIGNIFICANT Bill Summary Present law generally prohibits a prohibited foreign party or prohibited foreign-party-controlled business from acquiring an interest in agricultural land in Tennessee and prohibits a prohibited foreign-party-controlled business from acquiring an interest in non-agricultural land in Tennessee. Present law defines "prohibited foreign party" to mean: (1) A citizen or resident of a country subject to international traffic in arms regulations under federal regulations; (2) A foreign government formed within a country described in (1); (3) A party other than an individual or a government that is created or organized under the laws of a foreign government within a country described in (1); or (4) A party other than an individual or a government that is created or organized under the laws of a state, federal district, or territory of the United States and in which a significant interest or substantial control is directly or indirectly held or is capable of being exercised by an individual, foreign government, party, or combination thereof, described in (1); (5) An entity of particular concern; or (6) An agent, trustee, or other fiduciary of a person or entity enumerated in (1)-(5). A resident alien is not a prohibited foreign party under present law. Present law specifies that, for purposes of the restrictions on the acquisition of agricultural land by a prohibited foreign party or prohibited foreign-party-controlled business, agricultural land does not include oil, gas, and all other minerals, including coal, lignite, brine, and all minerals known and recognized as commercial minerals underlying the land. This bill applies the land acquisition restrictions to the acquisition of such mineral rights whether the land is agricultural or non-agricultural.
What the bill says
An act to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases.
From the introduced text:
AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases. SECTION 1. Tennessee Code Annotated, Section 66-2-302(1), is amended by deleting subdivision (B). SECTION 2. Tennessee Code Annotated, Section 66-2-302(5), is amended by adding the following as a new gas; all other minerals known and recognized as commercial minerals, including coal, lignite, and brine, underlying the land; ground water; and surface water; SECTION 3. Tennessee Code Annotated, Section 66-2-302(6), is amended by adding the following as a new gas; all other minerals known and recognized as commercial minerals, including coal, lignite, and brine, underlying the land; ground water; and surface water; SECTION 4. Tennessee Code Annotated, Section 66-2-302(9), is amended by adding "or designated by the United States department of commerce pursuant to 15 C.F.R. Part 791, Subpart A, as amended, transferred, or succeeded" immediately following "subject to international traffic in arms regulations under 22 C.F.R. § 126.1" wherever it appears. SECTION 5. Tennessee Code Annotated, Section 66-2-302(10), is amended by deleting the subdivision and substituting: HB2547 (10) "Prohibited foreign-party-controlled business" means any entity in which a prohibited foreign party holds a controlling interest or significant interest or exercises substantial control; SECTION 6. Tennessee Code Annotated, Section 66-2-302(13), is amended by deleting "interest of thirty-three percent (33%) or more" wherever it …
Sponsors
- Lamberth, William (R, 44) · primary sponsor
- Cochran, Mark (R, 23)
- Reneau, Michele (R, 27)
- Powers, Dennis (R, 36)
- Reedy, Jay D. (R, 74)
- Maberry, Aron (R, 68)
- McCalmon, Jake (R, 63)
- Terry, Bryan (R, 48)
- Hawk, David B. (R, 5)
- Capley, Kip (R, 71)
- Hardaway, G.A. (D)
- Moody, Debra (R, 81)
Latest actions
- : Comp. became Pub. Ch. 806
- : Sponsor(s) Added.
- : Comp. SB subst.
- : H. Placed on Regular Calendar for 3/30/2026
- : Placed on cal. Calendar & Rules Committee for 3/26/2026
- : Rec. for pass. if am., ref. to Calendar & Rules Committee
- : Placed on cal. State & Local Government Committee for 3/24/2026
- : Rec. for pass by s/c ref. to State & Local Government Committee
- : Placed on s/c cal Cities & Counties Subcommittee for 3/18/2026
- : Action Def. in s/c Cities & Counties Subcommittee to 3/18/2026
Votes
- FLOOR VOTE: Motion to Concur House Amendment # 1 (April 2, 2026): 26 yea, 6 nay, passed
- FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION (March 30, 2026): 88 yea, 6 nay, passed
- HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass. if am., ref. to Calendar & Rules Committee (March 24, 2026): 20 yea, 2 nay, passed
- FLOOR VOTE: Third Consideration (March 23, 2026): 24 yea, 4 nay, passed
- HOUSE CITIES & COUNTIES SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee (March 18, 2026): 5 yea, 0 nay, passed
- SENATE ENERGY, AGRICULTURE AND NATURAL RESOURCES COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (March 11, 2026): 7 yea, 2 nay, passed
Subjects: Archives, Publications, My Bills
Common questions
- What is HB2547?
- HB2547 is a bill in the Tennessee Legislature (114th General Assembly): AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases.
- What does HB2547 do?
- In its own words: An act to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases.
- What is the status of HB2547?
- Chaptered as of April 29, 2026. Latest action: Comp. became Pub. Ch. 806 (April 29, 2026).
- Who sponsored HB2547?
- Lamberth, William (R, 44), with 11 co-sponsors.
- Where is the official record for HB2547?
- On the Tennessee Legislature website: https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB2547&GA=114
Source: official Tennessee record. Tracked by Delilah, AI for legislation across all 50 states and Congress.