By Andi Anderson
Indiana is set to implement a groundbreaking bipartisan law this summer, aimed at safeguarding the state's farmland from foreign ownership. Signed by Governor Eric Holcomb, House Bill 1183 prohibits designated foreign entities from purchasing or leasing Hoosier farmland, underscoring concerns over national security and local control.
The landmark legislation, which is scheduled to take effect on July 1, marks a significant step towards protecting Indiana's agricultural industry from undue foreign influence. Among the countries targeted by the law are China, Cuba, Iran, North Korea, Russia, and Venezuela, all of which are barred from owning or leasing farmland within the state.
Additionally, the law imposes restrictions on real estate transactions within a 10-mile radius of military installations, further enhancing the state's national security posture. Sen. Blake Doriot, R-Goshen, a key proponent of the bill, emphasized the importance of scrutinizing foreign ownership of farmland, citing concerns over potential vulnerabilities.
Opponents of the law argue that it may unfairly penalize individuals who have fled the targeted countries. However, proponents assert that the measure is a proactive step to safeguard Indiana's agriculture industry and assert local control over farmland. With approximately 2.2% of Indiana's farmland currently owned by foreign entities, the law seeks to address growing concerns over extensive foreign ownership.
Sen. James Tomes, R-Wadesville, highlighted the significance of asserting local control over farmland and expressed support for states taking independent action in the face of federal challenges. The new law exempts individuals with dual citizenship in the U.S. and restricted countries, as well as lawful permanent residents, from its provisions.
Indiana joins a growing number of states implementing similar measures to restrict property sales to foreign entities, reflecting broader concerns over national security and economic resilience. By enacting this bipartisan legislation, Indiana aims to protect its agricultural heritage and bolster its sovereignty in the face of evolving geopolitical dynamics.
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Categories: Indiana, Government & Policy