The bill amends the title and sections of the existing law regarding estates in dower and curtesy, specifically addressing the acquisition and ownership of real estate by foreign entities. The title is updated to include provisions on prohibitions against certain foreign acquisitions of real estate, particularly agricultural land and properties near military installations. Sections 35 and 36 are revised to clarify the rights of aliens in acquiring land, while new sections 36a and 36b are added to impose restrictions on foreign principals regarding ownership of agricultural land within 20 miles of military facilities.

Section 36a establishes that foreign principals are prohibited from owning or acquiring agricultural land or real property in specified areas, with exceptions for diplomatic purposes. It also outlines registration requirements for foreign principals who already own such properties and sets penalties for non-compliance, including civil infractions and potential misdemeanor charges for violations. Section 36b mandates that buyers of agricultural land or real property in these areas must file an affidavit confirming they are not foreign principals, ensuring compliance with the new regulations.

Statutes affected:
House Introduced Bill: 554.135, 554.136