Prohibiting Chinese-linked entities from buying land near US federal sites.
This new law aims to protect strategic areas in the United States. It prohibits entities linked to the Government of the People's Republic of China from purchasing real estate located near important federal lands, such as military bases or national parks. This is intended to prevent potential threats to national security and citizens' interests.
Key points
The act prohibits the purchase of real estate adjacent to federal lands by agents of the Chinese government or businesses where the Chinese government owns 25% or more of equity interests.
This applies to lands under the jurisdiction of the Departments of Interior, Defense, Agriculture (Forest Service), Energy, and Indian country.
The goal is to safeguard strategic U.S. areas from foreign government influence, impacting national security and natural resources.
Status:
Introduced
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