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Securing America’s Land from Foreign Interference Act

Introduced: August 2, 2022 Introduced by: Cotton, Tom Republican · Arkansas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 2022
Read twice and referred to the Committee on Foreign Relations.
Aug 2, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now August 2, 2022

Read twice and referred to the Committee on Foreign Relations.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2