TennesseeSB 2424114th General Assembly (2025-2026)SenateWALLET

AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to real property ownership.

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Bill Overview

Analyzed Economic Effects

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

Ban and penalties on foreign land control

Beginning July 1, 2026, prohibited foreign parties and foreign‑party‑controlled businesses cannot buy or hold any interest in non‑agricultural land in Tennessee. They also cannot hold land through an agent, trustee, or other fiduciary. Any barred holding stays a violation as long as the party keeps the interest. If a violation is found, the owner must divest within two years. If not, the Attorney General may sue to force a sale or other remedies. A violation is a Class A misdemeanor, punishable by a $1,500 fine, up to 11 months and 29 days in jail, or both.

Registration and fines for foreign land holders

Beginning July 1, 2026, any prohibited foreign party or foreign‑party‑controlled business that holds non‑agricultural land on or after January 1, 2025 must register with the Tennessee Secretary of State. File within 60 days after January 1, 2025, or within 60 days after acquiring the interest, whichever is later. The filing must list the owner’s legal name, street and mailing addresses, birthplace, and nationality; any agent, trustee, or fiduciary; the business purpose and how the land serves it; parent, subsidiary, and intermediary names and addresses; and other U.S. non‑agricultural land interests if they total more than 250 acres. The Secretary must report suspected violations to the Attorney General. If registration is late, the Secretary may assess a civil penalty up to $2,000 per violation.

Sponsors & Cosponsors

Sponsor

Rusty Crowe
Republican • Senate

Cosponsors

Paul Bailey
Republican • Senate
Janice Bowling
Republican • Senate
Adam Lowe
Republican • Senate
Shane Reeves
Republican • Senate
Paul Rose
Republican • Senate
John Stevens
Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 123 • No: 3

House vote • 3/26/2026

FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/26/2026

Yes: 82 • No: 3

Senate vote • 3/19/2026

FLOOR VOTE: as Amended Third Consideration 3/19/2026

Yes: 33 • No: 0

Senate vote • 3/3/2026

SENATE COMMERCE AND LABOR COMMITTEE

Yes: 8 • No: 0

Actions Timeline

Signed by Governor.
4/13/2026Senate
Transmitted to Governor for action.
4/2/2026Senate
Signed by H. Speaker
4/1/2026House
Signed by Senate Speaker
3/30/2026Senate
Subst. for comp. HB.
3/26/2026House
Am. withdrawn. (Amendment 1 - HA0733)
3/26/2026House
Passed H., Ayes 82, Nays 3, PNV 1
3/26/2026House
Enrolled and ready for signatures
3/26/2026Senate
Rcvd. from S., held on H. desk.
3/23/2026House
Senate adopted Amendment (Amendment 1 - SA0578)
3/19/2026Senate
Passed Senate as amended, Ayes 33, Nays 0
3/19/2026Senate
Engrossed; ready for transmission to House
3/19/2026Senate
Sponsor(s) Added.
3/19/2026Senate
Placed on Senate Regular Calendar for 3/19/2026
3/17/2026Senate
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
3/3/2026Senate
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
2/24/2026Senate
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
2/5/2026Senate
Filed for introduction
2/2/2026Senate
Introduced, Passed on First Consideration
2/2/2026Senate

Bill Text

Fiscal Note
PDF
HA0733
PDF
Introduced
PDF
SA0578
PDF

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