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The Farmland for Farmers Act of 2026 prohibits unauthorized legal entities—including corporations, pension funds, and investment funds—from acquiring or holding ownership interests in agricultural land. The bill defines "authorized" entities as those with no more than 25 owners, all of whom are natural persons actively engaged in farming, and excludes multilayered subsidiary structures. Exceptions are provided for research institutions, nonprofits, municipal corporations, fiduciaries, and entities acquiring land through debt collection or prior contracts.
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