S. 4703 · 117th Congress
Securing America’s Land from Foreign Interference Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CottonSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the President to take actions as necessary to prohibit members of the Chinese Communist Party (CCP) (or foreign individuals or entities acting on behalf of the CCP) from purchasing real estate located in the United States.
What it does: CRS summary · Introduced in Senate · Aug 2, 2022
Securing America's Land from Foreign Interference Act
This bill requires the President to take actions as necessary to prohibit members of the Chinese Communist Party (CCP) (or foreign individuals or entities acting on behalf of the CCP) from purchasing real estate located in the United States.
The bill also modifies an existing civil penalty for failing to satisfy a reporting requirement relating to a foreign individual or entity that acquires or transfers an interest in U.S. agricultural land. Under this bill, the civil penalty for failing to report the required information to the Department of Agriculture must be at least 10% of the fair market value of the relevant interest in agricultural land.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Securing America’s Land from Foreign Interference Act
Latest action (Aug 2, 2022): Read twice and referred to the Committee on Foreign Relations.
Policy area: International Affairs · Origin: Senate · Introduced: Aug 2, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.