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Ban on Real Estate Purchases Near Federal Land by China-Linked Entities

This bill aims to protect national security by prohibiting entities linked to the Government of the People’s Republic of China from purchasing real estate adjacent to covered Federal land. Citizens benefit indirectly as the law seeks to safeguard strategic areas, including military bases, national parks, and lands managed by the Departments of Defense, Interior, and Agriculture. The prohibition applies to agents of the Chinese government and businesses where the Chinese government holds 25% or more equity interest.
Key points
Land Security: Prohibits the purchase of real estate adjacent to covered Federal land, including military, national park, and Forest Service lands, as well as Indian country.
China Restrictions: The ban targets the Government of the People’s Republic of China, its agents, and businesses where the Chinese government owns 25% or more of the equity interests.
Goal: To secure strategic and sensitive areas of the United States from foreign government influence.
Covered Land Definition: Includes land under the jurisdiction of the Secretaries of Interior, Defense, and Agriculture (Forest Service).
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Additional Information
Print number: 118_S_4978
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2024-08-01