US EditionBill Requiring Reporting Of Foreign Purchases Of Tennessee Land Unanimously Passes Senate
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Bill Requiring Reporting Of Foreign Purchases Of Tennessee Land Unanimously Passes Senate
Image Credit: TN General Assembly The Tennessee Conservative [By Olivia Lupia] – On Tuesday, April 15, the Senate passed SB0519 which would require that foreign purchases of Tennessee land be reported to the Commissioner of Agriculture, with failure to report resulting in a civil penalty of up to 25% of the property’s value. The legislation stipulates that in addition to filing a report of a purchase with the United States Department of Agricult…
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