Protecting our Land Act
Protecting our Land Act
Plain Language Summary
# Protecting our Land Act Summary **What the Bill Would Do** The Protecting our Land Act would require the President to direct federal agencies to create rules preventing foreign adversaries and countries designated as state sponsors of terrorism from buying real estate in the United States. Essentially, it aims to restrict land purchases by hostile foreign governments and their associated entities. **Who It Affects** The bill would affect foreign governments classified as adversaries or terrorism sponsors, potentially including countries like Iran, North Korea, Syria, and Cuba (which currently appear on the U.S. State Department's terrorism sponsor list). It could also impact foreign individuals or companies connected to these nations. U.S.
property owners, real estate markets, and foreign investors from non-adversarial countries would not be directly restricted. **Current Status** HR 458 is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full House of Representatives. The bill was sponsored by Representative W. Gregory Steube (R-FL). No specific provisions detail how agencies would identify prohibited purchases or enforce these restrictions, or what penalties would apply to violations.
CRS Official Summary
Protecting our Land Act This bill requires the President to direct federal agencies to promulgate rules and regulations to prohibit foreign adversaries or state sponsors of terrorism from purchasing real estate located in the United States.
Latest Action
Referred to the House Committee on Foreign Affairs.