Changes the laws regarding the foreign ownership of agricultural land

HB 1705 restricts foreign ownership of agricultural land in the state by capping total foreign ownership at 1% of all agricultural acreage. It bans new foreign business acquisitions after August 28, 2026, and requires existing foreign landowners to sell their holdings by August 28, 2031. All transfers of agricultural land involving foreign entities must be reviewed by the Department of Agriculture starting in 2026. The law also mandates the department to track compliance and report violations to the state.