Foreign ownership of agricultural land.

SF 124, a proposed Wyoming bill, restricts foreign governments and businesses from purchasing or owning agricultural land in the state. It prohibits new foreign ownership after July 1, 2023, requires existing foreign-owned land to be registered with the secretary of state, and mandates selling or converting the land within two years if ownership becomes foreign. Violations could trigger daily civil penalties up to $5,000. The bill directly affects foreign-owned companies, governments, or their agents seeking to hold Wyoming farmland, with exceptions for land owned as of July 1, 2023.