TennesseeSB 2233114th General Assembly (2025-2026)Senate

AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to restrictions on land purchases.

Sponsored By: Sponsor information unavailable

Signed by Governor

Real Property

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 2 costs, 1 mixed.

Stricter foreign land ownership rules

The law tightens who counts as a foreign‑controlled buyer under Tennessee land rules. An ownership stake of 10% or more now meets the key threshold. A one‑third (33%) stake can count as control. A business is covered if a prohibited foreign party holds a controlling or significant interest, or exercises substantial control. The law also adds U.S. Commerce Department designations (15 C.F.R. Part 791, Subpart A) to the federal lists it uses, and deletes one prior definitional clause.

Land rules cover mineral and water rights

The law says these land rules also cover rights to oil, gas, coal, lignite, brine, and other commercial minerals under the land. Ground water and surface water rights are included too. These interests are treated like other land rights under the state restrictions.

60-day filing and federal-review exemption

Covered parties must file within 60 days of the later of: January 1, 2025; the date they are named a prohibited foreign party; the date a business meets the definition; or the date they acquire an interest in agricultural land. The rules do not apply if the entity is registered and in good standing by the later date and has either CFIUS approval or a federal finding of no unresolved national security concerns, and has not had a covered change in control since. If those conditions are met, the entity’s agricultural or non‑agricultural land interests are exempt.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Rusty Crowe

    Republican • Senate

  • Mark Pody

    Republican • Senate

  • Paul Rose

    Republican • Senate

  • Stevens

    Affiliation unavailable

  • Brent Taylor

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 154 • No: 18

Senate vote • 4/2/2026

FLOOR VOTE: Motion to Concur House Amendment # 1 4/2/2026

Yes: 26 • No: 6

House vote • 3/30/2026

FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 3/30/2026

Yes: 88 • No: 6

Senate vote • 3/23/2026

FLOOR VOTE: Third Consideration 3/23/2026

Yes: 24 • No: 4

Senate vote • 3/11/2026

SENATE ENERGY, AGRICULTURE AND NATURAL RESOURCES COMMITTEE

Yes: 7 • No: 2

Senate vote • 3/3/2026

SENATE COMMERCE AND LABOR COMMITTEE

Yes: 9 • No: 0

Bill Text

  • HA0794

    3/30/2026

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

Related Bills

Back to State Legislation