117 S4703 IS: Securing America’s Land from Foreign Interference Act U.S. Senate 2022-08-02 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II117th CONGRESS2d SessionS. 4703IN THE SENATE OF THE UNITED STATESAugust 2, 2022Mr. Cotton (for himself, Mr. Tuberville, and Mr. Marshall) introduced the following bill; which was read twice and referred to the Committee on Foreign RelationsA BILLTo 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 the Chinese Communist Party, and for other purposes.

1.

Short title

This Act may be cited as the Securing America’s Land from Foreign Interference Act.

2.

Prohibition on purchase of public or private real estate located in the United States by the Chinese Communist Party

(a)

In general

Notwithstanding any other provision of law, the President shall take such actions as may be necessary to prohibit the purchase of public or private real estate located in the United States by any member of the Chinese Communist Party or any foreign person acting for or on behalf of the Chinese Communist Party.(b)

Definitions

In this section:(1)

Foreign person

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

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.(3)

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.

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.