Us Congress 2025-2026 Regular Session

Us Congress Senate Bill SB176 Compare Versions

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11 II
22 119THCONGRESS
33 1
44 STSESSION S. 176
55 To direct the President to take such actions as may be necessary to prohibit
66 the purchase of public or private real estate located in the United
77 States by citizens and entities of the People’s Republic of China, and
88 for other purposes.
99 IN THE SENATE OF THE UNITED STATES
1010 JANUARY22, 2025
1111 Mr. C
1212 OTTON(for himself, Mr. CRAMER, and Mrs. BRITT) introduced the fol-
1313 lowing bill; which was read twice and referred to the Committee on For-
1414 eign Relations
1515 A BILL
1616 To direct the President to take such actions as may be
1717 necessary to prohibit the purchase of public or private
1818 real estate located in the United States by citizens and
1919 entities of the People’s Republic of China, and for other
2020 purposes.
2121 Be it enacted by the Senate and House of Representa-1
2222 tives of the United States of America in Congress assembled, 2
2323 SECTION 1. SHORT TITLE. 3
2424 This Act may be cited as the ‘‘Not One More Inch 4
2525 or Acre Act’’. 5
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2929 SEC. 2. PROHIBITION ON PURCHASE OF PUBLIC OR PRI-1
3030 VATE REAL ESTATE LOCATED IN THE UNITED 2
3131 STATES BY CITIZENS AND ENTITIES OF THE 3
3232 PEOPLE’S REPUBLIC OF CHINA. 4
3333 (a) I
3434 NGENERAL.—Notwithstanding any other provi-5
3535 sion of law, the President shall take such actions as may 6
3636 be necessary— 7
3737 (1) to prohibit the purchase, on or after the 8
3838 date of the enactment of this Act, of public or pri-9
3939 vate real estate located in the United States by— 10
4040 (A) any citizen of the People’s Republic of 11
4141 China; 12
4242 (B) any covered foreign entity; or 13
4343 (C) any foreign person acting for or on be-14
4444 half of the Chinese Communist Party, a covered 15
4545 foreign entity, or a citizen of the People’s Re-16
4646 public of China; and 17
4747 (2) if the President determines that the owner-18
4848 ship, as of such date of enactment, by a person de-19
4949 scribed in subparagraph (A), (B), or (C) of para-20
5050 graph (1) of real estate located in the United States 21
5151 poses a national security risk to the United States, 22
5252 to require the sale of such real estate by not later 23
5353 than the date that is one year after such date of en-24
5454 actment. 25
5555 (b) E
5656 XCEPTIONS.— 26
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6060 (1) EXCEPTION FOR REFUGEES .—Subsection 1
6161 (a) does not apply with respect to a citizen of the 2
6262 People’s Republic of China who— 3
6363 (A) entered the United States as a refugee 4
6464 (as defined in section 101(a)(42) of the Immi-5
6565 gration and Nationality Act (8 U.S.C. 6
6666 1101(a)(42))); or 7
6767 (B) was granted asylum or withholding of 8
6868 removal under section 208 or 241(b)(3) that 9
6969 Act (8 U.S.C. 1158 and 1231(b)(3)). 10
7070 (2) E
7171 XCEPTION FOR PROPERTY OF UNITED 11
7272 STATES NATIONALS .—Subsection (a)(2) does not 12
7373 apply with respect to the sale of real estate owned 13
7474 or otherwise held for personal use by a United 14
7575 States citizen or an alien lawfully admitted for per-15
7676 manent residence to the United States. 16
7777 (c) D
7878 EFINITIONS.—In this section: 17
7979 (1) C
8080 OVERED FOREIGN ENTITY .—The term 18
8181 ‘‘covered foreign entity’’ means an entity— 19
8282 (A) acting on behalf of or otherwise di-20
8383 rected by the Government of the People’s Re-21
8484 public of China or the Chinese Communist 22
8585 Party; 23
8686 (B) that— 24
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9090 (i) is organized under the laws of the 1
9191 People’s Republic of China; 2
9292 (ii) has a principal place of business 3
9393 in the People’s Republic of China; or 4
9494 (iii) is owned or controlled by, or oth-5
9595 erwise subject to the jurisdiction of, the 6
9696 Government of the People’s Republic of 7
9797 China or the Chinese Communist Party; or 8
9898 (C) that is a subsidiary of an entity de-9
9999 scribed in subparagraph (B). 10
100100 (2) F
101101 OREIGN PERSON.—The term ‘‘foreign per-11
102102 son’’ means an individual or entity that is not a 12
103103 United States person. 13
104104 (3) U
105105 NITED STATES.—The term ‘‘United 14
106106 States’’ means the several States, the District of Co-15
107107 lumbia, the Commonwealth of Puerto Rico, the Com-16
108108 monwealth of the Northern Mariana Islands, Amer-17
109109 ican Samoa, Guam, the United States Virgin Is-18
110110 lands, and any other territory or possession of the 19
111111 United States. 20
112112 (4) U
113113 NITED STATES PERSON .—The term 21
114114 ‘‘United States person’’ means— 22
115115 (A) a United States citizen or an alien law-23
116116 fully admitted for permanent residence to the 24
117117 United States; or 25
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121121 (B) an entity organized under the laws of 1
122122 the United States or any jurisdiction within the 2
123123 United States, including a foreign branch of 3
124124 such an entity. 4
125125 SEC. 3. PENALTY AMOUNT UNDER AGRICULTURAL FOR-5
126126 EIGN INVESTMENT DISCLOSURE ACT OF 1978. 6
127127 Section 3(b) of the Agricultural Foreign Investment 7
128128 Disclosure Act of 1978 (7 U.S.C. 3502(b)) is amended 8
129129 by striking ‘‘exceed 25 percent of’’ and inserting ‘‘be less 9
130130 than 10 percent, or exceed 25 percent, of’’. 10
131131 Æ
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