A bill for an act prohibiting foreign governments from acquiring or owning real property or agricultural land located in the state.

HF 83 prohibits foreign governments from acquiring or owning real property or agricultural land in Iowa after the bill's effective date. It requires foreign governments currently owning such land to sell it within two years. The bill applies specifically to foreign governments (not other foreign entities), with exceptions for agricultural land owned before January 1, 1980, which can be retained but not expanded. Existing rules for nonresident aliens and foreign businesses remain unchanged under this bill.