Adds new Article 4, Prohibit Adversarial Foreign Government Acquisition of Certain Lands, providing as follows. Titles the act as the North Carolina Farmland and Military Protection Act. Sets out the act's purpose. Prohibits an adversarial foreign government from purchasing, acquiring, leasing, or holding an interest in (1) agricultural land or (2) land situated within a 25-mile radius of a military installation. Voids any land transfer in violation of this statute. Defines adversarial foreign government to mean a state-controlled enterprise (a business enterprise, however denominated, in which a foreign government has a controlling interest) or the government of a foreign national that has received designation under 15 CFR 7.4 as in effect of July 17, 2024, from a determination by the US Secretary of Commerce that the entity has engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States or its persons. Defines military installation as Fort Bragg; Pope Army Airfield; Marine Corps Base Camp Lejeune; New River Marine Corps Air Station; Cherry Point Marine Corps Air Station; Military Ocean Terminal at Sunny Point; the United States Coast Guard Air Station at Elizabeth City; Naval Support Activity Northwest; Air Route Surveillance Radar (ARSR-4) at Fort Fisher; and Seymour Johnson Air Force Base, in its own right and as the responsible entity for the Dare County Bombing Range; and any facility located within the state subject to the installations' oversight and control. Also defines the terms agricultural land, controlling interest, and interest. Effective January 1, 2026, and applies to interests in land acquired on or after that date.

Includes a severability clause.

Appropriates $50,000 for 2025-26 from the General Fund to the Department of Agriculture and Consumer Services to be allocated to the North Carolina Agricultural Development and Farmland Preservation Trust for the inventory of the state’s farmland. Effective July 1, 2025.