Prohibiting certain foreign ownership of land

House Bill 2873 prohibits certain Chinese government entities and Chinese-controlled companies from purchasing or owning agricultural land in West Virginia. It specifically bans governmental entities of China, companies headquartered in China, and entities controlled by the Chinese government or owned by Chinese citizens (with majority ownership). Existing owners of agricultural land before July 1, 2025, cannot transfer it to another foreign entity after that date, and all future transfers must be approved by the West Virginia Department of Agriculture. The bill applies only to agricultural land and does not affect non-agricultural property or other foreign ownership.