119-s176

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 176 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 176

 To direct the President to take such actions as may be necessary to 
 prohibit the purchase of public or private real estate located in the 
 United States by citizens and entities of the People's Republic of 
 China, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 January 22, 2025

 Mr. Cotton (for himself, Mr. Cramer, and Mrs. Britt) introduced the 
 following bill; which was read twice and referred to the Committee on 
 Foreign Relations

_______________________________________________________________________

 A BILL

 To direct the President to take such actions as may be necessary to 
 prohibit the purchase of public or private real estate located in the 
 United States by citizens and entities of the People's Republic of 
 China, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Not One More Inch or Acre Act''.

SEC. 2. PROHIBITION ON PURCHASE OF PUBLIC OR PRIVATE REAL ESTATE 
 LOCATED IN THE UNITED STATES BY CITIZENS AND ENTITIES OF 
 THE PEOPLE'S REPUBLIC OF CHINA.

    (a) In General.--Notwithstanding any other provision of law, the 
President shall take such actions as may be necessary--

    (1) to prohibit the purchase, on or after the date of the 
 enactment of this Act, of public or private real estate located 
 in the United States by--
        (A) any citizen of the People's Republic of China;
        (B) any covered foreign entity; or
            (C) any foreign person acting for or on behalf of 
 the Chinese Communist Party, a covered foreign entity, 
 or a citizen of the People's Republic of China; and

    (2) if the President determines that the ownership, as of 
 such date of enactment, by a person described in subparagraph
        (A) ,
        (B) , or
            (C) of paragraph

    (1) of real estate located in the 
 United States poses a national security risk to the United 
 States, to require the sale of such real estate by not later 
 than the date that is one year after such date of enactment.

    (b) Exceptions.--

    (1) Exception for refugees.--Subsection

    (a) does not apply 
 with respect to a citizen of the People's Republic of China 
 who--
        (A) entered the United States as a refugee (as 
 defined in 

section 101

    (a)

    (42) of the Immigration and 
 Nationality Act (8 U.S.C. 1101

    (a)

    (42) )); or
        (B) was granted asylum or withholding of removal 
 under 

section 208 or 241

    (b)

    (3) that Act (8 U.S.C. 1158 
 and 1231

    (b)

    (3) ).

    (2) Exception for property of united states nationals.--
 Subsection

    (a)

    (2) does not apply with respect to the sale of 
 real estate owned or otherwise held for personal use by a 
 United States citizen or an alien lawfully admitted for 
 permanent residence to the United States.
            (c) === Definitions. ===
-In this section:

    (1) Covered foreign entity.--The term ``covered foreign 
 entity'' means an entity--
        (A) acting on behalf of or otherwise directed by 
 the Government of the People's Republic of China or the 
 Chinese Communist Party;
        (B) that--
            (i) is organized under the laws of the 
 People's Republic of China;
            (ii) has a principal place of business in 
 the People's Republic of China; or
            (iii) is owned or controlled by, or 
 otherwise subject to the jurisdiction of, the 
 Government of the People's Republic of China or 
 the Chinese Communist Party; or
            (C) that is a subsidiary of an entity described in 
 subparagraph
        (B) .

    (2) Foreign person.--The term ``foreign person'' means an 
 individual or entity that is not a United States person.

    (3) United states.--The term ``United States'' means the 
 several States, the District of Columbia, the Commonwealth of 
 Puerto Rico, the Commonwealth of the Northern Mariana Islands, 
 American Samoa, Guam, the United States Virgin Islands, and any 
 other territory or possession of the United States.

    (4) United states person.--The term ``United States 
 person'' means--
        (A) a United States citizen or an alien lawfully 
 admitted for permanent residence to the United States; 
 or
        (B) an entity organized under the laws of the 
 United States or any jurisdiction within the United 
 States, including a foreign branch of such an entity.

SEC. 3. PENALTY AMOUNT UNDER AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE 
 ACT OF 1978.

 

Section 3

    (b) of the Agricultural Foreign Investment Disclosure Act 
of 1978 (7 U.S.C. 3502

    (b) ) is amended by striking ``exceed 25 percent 
of'' and inserting ``be less than 10 percent, or exceed 25 percent, 
of''.
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