Gov. Noem Announces Plan to Restrict Foreign Purchases of Ag Land

PIERRE, S.D. – Today, Governor Kristi Noem and legislators announced proposed legislation to restrict foreign purchases of agricultural land in South Dakota. The plan creates a new board, the Committee on Foreign Investment in the United States – South Dakota (CFIUS-SD), which will investigate proposed purchases of ag land by foreign interests and recommend either approval or denial to the Governor.

“With this new process, we will be able to prevent nations who hate us – like Communist China – from buying up our state’s agriculture land,” said Governor Kristi Noem. “We cannot allow the Chinese Communist Party to continue to buy up our nation’s food supply, so South Dakota will lead the charge on this vital national security issue.”

The prime sponsors of the legislation will be Senator Erin Tobin (R-Winner) and Representative-elect Gary Cammack (R-Union Center).

“For those of us who have lived and worked on the land, we know that it’s our past, but also our future,” said Senator Erin Tobin. “We grow the world’s food, and we need to protect the security of that food supply for our kids.”

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