Concerning ownership of agricultural real estate.

SB 5057 restricts ownership of agricultural, forest, and mineral land in Washington State by nonresident aliens and entities tied to China's government. Starting August 1, 2025, it prohibits direct or indirect acquisition of such land interests by Chinese-associated entities, including businesses where over 20% of ownership is held by them. Exceptions include land acquired through inheritance, debt collection (with a 3-year sale requirement), or under treaty agreements, and it does not apply to agricultural land linked to food processing facilities. The bill amends existing land ownership laws to implement these new restrictions on foreign ownership in key sectors.