Posted: Monday, September 16, 2013 11:55 pm
Law allows 1 percent foreign ownership of farmland By Ray Scherer St. Joseph News-Press St. Joseph News-Press & FOX 26 KNPN | 2 comments
A Northwest Missouri legislator said a new state law that allows limited foreign ownership of farmland will protect the rural economy.
During last week's veto session, a majority of state lawmakers in both chambers voted to override Gov. Jay Nixon's veto of an omnibus agriculture bill. Mr. Nixon had vetoed the measure in early July, saying the language would eliminate a ban on foreign ownership and that major agriculture groups were opposed.
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