To prohibit the purchase of public or private real estate located in the United States by foreign persons, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires findings Congress finds the following: Foreign investment in United States farmland has tripled during the past 10 years, requires prohibition on purchase of public or private real estate located in the United States by foreign persons Notwithstanding any other provision of law, for the 5-year period beginning on the date of the enactment, and defines definitions In this Act: The term foreign person— means— any foreign national, foreign government, or foreign entity; or any entity over which control is exercised or exercisable by a foreign national, foreign. It relies on reporting requirements, procurement rules, compliance mandates, and definition changes. The main policy areas are Agriculture, Finance, Foreign Policy, and Housing.
Who Benefits and How
Foreign businesses and cross-border trade participants affected by the bill could face reduced risk and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Agricultural producers and rural communities affected by the bill would take on compliance duties, and Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties.
Key Provisions
- Requires findings Congress finds the following: Foreign investment in United States farmland has tripled during the past 10 years.
- Requires prohibition on purchase of public or private real estate located in the United States by foreign persons Notwithstanding any other provision of law, for the 5-year period beginning on the date of the enactment...
- Defines definitions In this Act: The term foreign person— means— any foreign national, foreign government, or foreign entity; or any entity over which control is exercised or exercisable by a foreign national, foreign...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires findings Congress finds the following: Foreign investment in United States farmland has tripled during the past 10 years, requires prohibition on purchase of public or private real estate located in the United States by foreign persons Notwithstanding any other provision of law, for the 5-year period beginning on the date of the enactment, and defines definitions In this Act: The term foreign person— means— any foreign national, foreign government, or foreign entity; or any entity over which control is exercised or exercisable by a foreign national, foreign.
Key Policy Areas
Agriculture, Finance, Foreign Policy, Housing
Primary Purpose
The bill requires findings Congress finds the following: Foreign investment in United States farmland has tripled during the past 10 years, requires prohibition on purchase of public or private real estate located in the United States by foreign persons Notwithstanding any other provision of law, for the 5-year period beginning on the date of the enactment, and defines definitions In this Act: The term foreign person— means— any foreign national, foreign government, or foreign entity; or any entity over which control is exercised or exercisable by a foreign national, foreign.
Policy Domains
Whole bill
Identified Gains
- Foreign businesses and cross-border trade participants affected by the bill
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Agricultural producers and rural communities affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
- Businesses and employers affected by the bill
Legislative Progress
IntroducedMrs. Miller of Illinois introduced the following bill; which was …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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