[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1136 Introduced in Senate (IS)]
<DOC>
118th CONGRESS
1st Session
S. 1136
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
March 30, 2023
Mr. Cotton (for himself 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''.
<all>