Library / Laws / 117th / hr / H.R. 8603 / Introduced in House
I
117th CONGRESS
2d Session
H. R. 8603
IN THE HOUSE OF REPRESENTATIVES
July 29, 2022Mr. Cawthorn introduced the following bill; which was referred to the Committee on Foreign Affairs
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 an foreign governments.
1.
Prohibition on purchase of public or private real estate in the United States by foreign governments
(a)
In general
Notwithstanding any other provision of law, the President shall take such actions as may be necessary to prohibit the purchase of public or private real estate located in the United States by a foreign government, including a foreign government using a shell corporation that is owned or controlled by such government.
(b)
United States defined
In this section, the term “United States” means the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other territory or possession of the United States.