Current:Home > InvestMissouri governor bans Chinese and Russian companies from buying land near military sites -WealthRoots Academy
Missouri governor bans Chinese and Russian companies from buying land near military sites
PredictIQ Quantitative Think Tank Center View
Date:2025-04-08 13:30:21
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! (6)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- FlyDubai resumes flights to Afghanistan after halting them 2 years ago as Taliban captured Kabul
- New Jersey first lady Tammy Murphy announces run for US Senate seat in 2024
- UK experts recommend chickenpox shot for kids for the first time, decades after other countries
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- The Excerpt: Many Americans don't have access to safe drinking water. How do we fix that?
- Missing sailor sent heartbreaking final message to his family during Hurricane Otis, wife reveals
- EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine
- Trump invites nearly all federal workers to quit now, get paid through September
- Renowned Canadian-born Israeli peace activist Vivian Silver is confirmed killed in Hamas attack
Ranking
- Travis Hunter, the 2
- Matt LeBlanc posts touching tribute to Matthew Perry: 'Among the favorite times of my life'
- German government grants Siemens Energy a loan guarantee to help secure the company
- 'Low-down dirty shame': Officials exhume Mississippi man killed by police, family not allowed to see
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Mac Royals makes Gwen Stefani blush on 'The Voice' with flirty performance: 'Oh my God'
- Inflation slowed faster than expected in October. Does that mean rate hikes are over?
- Airstrike kills renowned doctor in Gaza and relatives who sought shelter together
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
UK experts recommend chickenpox shot for kids for the first time, decades after other countries
China’s economy shows sparks of life, despite persisting weakness in troubled real estate sector
Gigi Hadid Sets the Record Straight on How She Feels About Taylor Swift and Travis Kelce's Romance
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Hunter Biden calls for a Trump subpoena, saying political pressure was put on his criminal case
Hunter Biden calls for a Trump subpoena, saying political pressure was put on his criminal case
Tallulah Willis Says Dad Bruce Willis Is Her Whole Damn Heart in Moving Message