SB 226 - Establishes the Ohio Property Protection Act - Ohio Key Vote

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Title: Establishes the Ohio Property Protection Act

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Ohio property protection act and prevent certain foreign ownership of agricultural land.

Highlights:

  • Requires that contracts involving the transfer of protected property shall include affirmations on whether a grantee is prohibited from purchasing or acquiring private property regardless of if the property was acquired before this date (Sec. 1).

  • Repeals previous language concerning value (Sec. 1).

  • Specifies that the auditor shall not endorse a conveyance of protected property if the statement submitted under this section does not include both of the affirmations required by division (Sec. 1).

  • Defines terms related to real property and property ownership (Sec. 1). 

  • Specifies who in the state has the responsibility to investigate whether individuals are covered by this act (Sec. 1). 

  • Requires the compilation of foreign adversaries that real properties and agricultural land is not to be sold or conveyed to (Sec. 1).

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