Creates a moratorium on the annexation of agricultural land by localities for an industrial use

This bill allows towns in counties with fewer than 55,000 residents - provided they already have an approved agricultural protection plan - to pause the annexation of agricultural land larger than 200 acres for industrial development for up to one year. The moratorium gives these localities time to update their agricultural protection plans. It directly affects small-town governments in counties with existing farmland protection strategies and landowners with large agricultural parcels. The provision applies only to land designated for industrial use, not other developments.