To prohibit the purchase of public or private real estate located in the United States by foreign persons, and for other purposes.
National Security Moratorium on Foreign Purchases of U.S. Land
This bill requires the President to take actions necessary to bar foreign persons (individuals or entities) from purchasing public or private real estate in the United States for the five-year period beginning from this bill's enactment.
The Government Accountability Office must report to Congress (1) certain information on the purchase and ownership of U.S. real estate by foreign persons; and (2) recommendations to make it easier for U.S. citizens and harder for foreign persons to purchase U.S. real estate, including farmland.
Referred to the House Committee on Foreign Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
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