HR458119th CongressWALLET

Protecting our Land Act

Sponsored By: Representative Steube, W. Gregory [R-FL-17]

Introduced

Summary

Bars foreign adversaries and state sponsors of terrorism from buying U.S. real estate. This bill would require the President to direct federal agencies to write rules that prohibit purchases of public or private property by those entities and their agents.

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  • Foreign adversaries and state sponsors: Would be banned from purchasing any public or private real estate in the United States. The ban also covers agents, instrumentalities, and entities owned, controlled, or affiliated with them.
  • Federal departments and agencies: The President could order the heads of all federal departments and agencies to promulgate rules and regulations to implement and enforce the prohibition.
  • Geographic and legal scope: The prohibition applies across the several States, the District of Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, Guam, the U.S. Virgin Islands, and any other U.S. territory or possession, and it applies notwithstanding any other provision of law.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Ban on land buys by foreign adversaries

If enacted, this would ban purchases of U.S. real estate by foreign adversaries and state sponsors of terrorism. The ban would cover public and private land in all states and U.S. territories. It would also apply to their agents and to people or companies they own, control, or are affiliated with. The President would direct federal agencies to write rules to enforce it. "State sponsor of terrorism" would follow the State Department list. The bill text here does not spell out penalties or sale procedures.

Sponsors & CoSponsors

Sponsor

Steube, W. Gregory [R-FL-17]

FL • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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