Tennessee SB 1950: Real Property - As introduced, prohibits certain foreign-party-controlled businesses from acquiring an interest in public or private land in this state; prohibits certain foreign parties from acquiring agricultural land in this state; requires land acquired in violation of this act to divest such land within two years; creates a Class E felony for violations of the act. - Amends TCA Title 66, Chapter 2.

Status: Passed on Second Consideration, refer to Senate Commerce and Labor Committee (as of 2024-01-29)

State: Tennessee · Session: 113 · Bill: SB 1950

Subjects: Real Property

Sponsors: Swann

View Tennessee SB 1950 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.