Revision: Nov. 9, 2023, 12:28 p.m.
2024 SESSION
24-2120.1
10/08
HOUSE BILL [bill number]
SPONSORS: [sponsors]
COMMITTEE: [committee]
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ANALYSIS
This bill provides that certain companies owned, in whole or in part, by the people's republic of China or the Chinese communist party shall not own, lease, possess, or exercise any control over agricultural or farm lands and land essential to critical industries in this state.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2120.1
10/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Conveyances of Realty; Prohibition Added. Amend RSA 477 by inserting after section 22-a the following new section:
477:22-b Prohibition on Acquisition of Agricultural or Farm Land and Land Essential to Critical Industries; People's Republic of China.
I. Any company or development owned or controlled by a company that is owned, in whole or in part, by, or is a subsidiary of, a company that is owned by the People's Republic of China or the Chinese Communist Party or whose principal place of business is located within the People's Republic of China shall not own, lease, possess, or exercise any control over agricultural or farm land, and any land deemed essential to the security of our state, including critical industries, to include technology, manufacturing and health care.
II. For purposes of this section:
(a) "Chinese Communist Party" includes all agencies, institutions, and instrumentalities of the Chinese Communist Party.
(b) "Company'"or "development" means a sole proprietorship, organization, association, corporation, partnership, trust, venture, group, subgroup, or any other entity or organization, its subsidiary or affiliate that exists for-profit-making purposes or to otherwise secure economic advantage.
(c) "People's Republic of China" includes all agencies, institutions, instrumentalities, and political subdivisions of the People's Republic of China.
III. Any person who fails to comply with this section shall be guilty of a felony.
2 Effective Date. This act shall take effect January 1, 2025.