Us Congress 2025-2026 Regular Session

Us Congress Senate Bill SB176 Latest Draft

Bill / Introduced Version Filed 02/20/2025

                            II 
119THCONGRESS 
1
STSESSION S. 176 
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 
JANUARY22, 2025 
Mr. C
OTTON(for himself, Mr. CRAMER, and Mrs. BRITT) introduced the fol-
lowing bill; which was read twice and referred to the Committee on For-
eign 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 Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Not One More Inch 4
or Acre Act’’. 5
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•S 176 IS
SEC. 2. PROHIBITION ON PURCHASE OF PUBLIC OR PRI-1
VATE REAL ESTATE LOCATED IN THE UNITED 2
STATES BY CITIZENS AND ENTITIES OF THE 3
PEOPLE’S REPUBLIC OF CHINA. 4
(a) I
NGENERAL.—Notwithstanding any other provi-5
sion of law, the President shall take such actions as may 6
be necessary— 7
(1) to prohibit the purchase, on or after the 8
date of the enactment of this Act, of public or pri-9
vate real estate located in the United States by— 10
(A) any citizen of the People’s Republic of 11
China; 12
(B) any covered foreign entity; or 13
(C) any foreign person acting for or on be-14
half of the Chinese Communist Party, a covered 15
foreign entity, or a citizen of the People’s Re-16
public of China; and 17
(2) if the President determines that the owner-18
ship, as of such date of enactment, by a person de-19
scribed in subparagraph (A), (B), or (C) of para-20
graph (1) of real estate located in the United States 21
poses a national security risk to the United States, 22
to require the sale of such real estate by not later 23
than the date that is one year after such date of en-24
actment. 25
(b) E
XCEPTIONS.— 26
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•S 176 IS
(1) EXCEPTION FOR REFUGEES .—Subsection 1
(a) does not apply with respect to a citizen of the 2
People’s Republic of China who— 3
(A) entered the United States as a refugee 4
(as defined in section 101(a)(42) of the Immi-5
gration and Nationality Act (8 U.S.C. 6
1101(a)(42))); or 7
(B) was granted asylum or withholding of 8
removal under section 208 or 241(b)(3) that 9
Act (8 U.S.C. 1158 and 1231(b)(3)). 10
(2) E
XCEPTION FOR PROPERTY OF UNITED 11
STATES NATIONALS .—Subsection (a)(2) does not 12
apply with respect to the sale of real estate owned 13
or otherwise held for personal use by a United 14
States citizen or an alien lawfully admitted for per-15
manent residence to the United States. 16
(c) D
EFINITIONS.—In this section: 17
(1) C
OVERED FOREIGN ENTITY .—The term 18
‘‘covered foreign entity’’ means an entity— 19
(A) acting on behalf of or otherwise di-20
rected by the Government of the People’s Re-21
public of China or the Chinese Communist 22
Party; 23
(B) that— 24
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•S 176 IS
(i) is organized under the laws of the 1
People’s Republic of China; 2
(ii) has a principal place of business 3
in the People’s Republic of China; or 4
(iii) is owned or controlled by, or oth-5
erwise subject to the jurisdiction of, the 6
Government of the People’s Republic of 7
China or the Chinese Communist Party; or 8
(C) that is a subsidiary of an entity de-9
scribed in subparagraph (B). 10
(2) F
OREIGN PERSON.—The term ‘‘foreign per-11
son’’ means an individual or entity that is not a 12
United States person. 13
(3) U
NITED STATES.—The term ‘‘United 14
States’’ means the several States, the District of Co-15
lumbia, the Commonwealth of Puerto Rico, the Com-16
monwealth of the Northern Mariana Islands, Amer-17
ican Samoa, Guam, the United States Virgin Is-18
lands, and any other territory or possession of the 19
United States. 20
(4) U
NITED STATES PERSON .—The term 21
‘‘United States person’’ means— 22
(A) a United States citizen or an alien law-23
fully admitted for permanent residence to the 24
United States; or 25
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•S 176 IS
(B) an entity organized under the laws of 1
the United States or any jurisdiction within the 2
United States, including a foreign branch of 3
such an entity. 4
SEC. 3. PENALTY AMOUNT UNDER AGRICULTURAL FOR-5
EIGN INVESTMENT DISCLOSURE ACT OF 1978. 6
Section 3(b) of the Agricultural Foreign Investment 7
Disclosure Act of 1978 (7 U.S.C. 3502(b)) is amended 8
by striking ‘‘exceed 25 percent of’’ and inserting ‘‘be less 9
than 10 percent, or exceed 25 percent, of’’. 10
Æ 
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