Land ownership; prohibit nonresident alien ownership of.

SB 2473 prohibits nonresident aliens from owning land in Mississippi if they are from countries designated as "foreign adversaries" by the U.S. Secretary of Commerce or known human rights violators. It requires existing nonresident alien owners to sell land within 1-2 years (depending on how they acquired it) or face fines up to $5 million, followed by civil forfeiture. Real estate professionals must disclose these restrictions to clients but are not liable for verifying foreign adversary status. The bill died in committee on February 4, 2025, and never became law.