The Summerland Advocate-Messenger - Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community

This week, my personal priority bill, LB1301, was put before the Unicameral for the first stage of consideration. LB1301 would modernize our state’s existing laws relating to foreign land ownership. The bill would add greater oversight and tighten restrictions on so-called restricted entities or their agents, trustees or fiduciaries, referenced in two federal lists: the persons and entities designated by the Office of Foreign Assets Control and the six countries designated as foreign adversaries by the United States Secretary of Commerce. LB1301 would also empower the Nebraska Department of Ag...