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Prohibiting Real Estate Purchases in US by Foreign Adversaries and Terrorists.

This act aims to protect national security by prohibiting the purchase of real estate in the U.S. by governments and individuals linked to countries deemed adversaries or state sponsors of terrorism. This means citizens can feel more secure knowing that strategic lands will not fall into hostile hands, potentially impacting real estate market stability and public safety.
Key points
The ban applies to both public and private real estate across the entire United States.
Foreign adversaries and state sponsors of terrorism will be unable to acquire land, protecting national security interests.
The U.S. President will be responsible for implementing the regulations for this act.
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Additional Information
Print number: 118_HR_212
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2023-01-09