,,ii  #aaith ,,congress  #ast ,session  
,s4 #agf  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,january #bb1       
#bjbe,mr4 ,cotton 7for himself1 ,mr4    
,cramer1 and ,mrs4 ,britt7 introduced   
the following bill2 which was read twice
 and referred to the ,committee on      
,foreign ,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 ,china1 and for other      
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,not ,one ,more     
,inch or ,acre ,act4  #b4 ,prohibition  
on purchase of public or private real   
estate located in the ,united ,states by
 citizens and entities of the ,people's 
,republic of ,china  7a7 ,in general    
,notwithstanding any other provision of 
law1 the ,president shall take such     
actions as may be necessary-- 7#a7 to   
prohibit the purchase1 on or after the  

date of the enactment of this ,act1 of  
public or private real estate located in
 the ,united ,states by-- 7,a7 any      
citizen of the ,people's ,republic of   
,china2  7,b7 any covered foreign       
entity2 or  7,c7 any foreign person     
acting for or on behalf of the ,chinese 
,communist ,party1 a covered foreign    
entity1 or a citizen of the ,people's   
,republic of ,china2 and  7#b7 if the   
,president determines that the          
ownership1 as of such date of enactment1
 by a person described in subparagraph  
7,a71 7,b71 or 7,c7 of paragraph 7#a7 of
 real estate located in the ,united     
,states poses a national security risk  
to the ,united ,states1 to require the  
sale of such real estate by not later   
than the date that is one year after    
such date of enactment4  7b7 ,exceptions
  7#a7 ,exception for refugees          
,subsection 7a7 does not apply with     
respect to a citizen of the ,people's   
,republic of ,china who-- 7,a7 entered  
the ,united ,states as a refugee 7as    

defined in section #aja7;a77#db7 of the 
,immigration and ,nationality ,act 7#h  
,u4,s4,c4 #aaja7;a77#db7772 or  7,b7 was
 granted asylum or withholding of       
removal under section #bjh or           
#bda7;b77#c7 that ,act 7#h ,u4,s4,c4    
#aaeh and #abca7;b77#c774  7#b7         
,exception for property of ,united      
,states nationals ,subsection 7a77#b7   
does not apply with respect to the sale 
of real estate owned or otherwise held  
for personal use by a ,united ,states   
citizen or an alien lawfully admitted   
for permanent residence to the ,united  
,states4  7c7 ,definitions ,in this     
section3 7#a7 ,covered foreign entity   
,the term covered foreign entity means  
an entity-- 7,a7 acting on behalf of or 
otherwise directed by the ,government of
 the ,people's ,republic of ,china or   
the ,chinese ,communist ,party2  7,b7   
that-- 7i7 is organized under the laws  
of the ,people's ,republic of ,china2   
7ii7 has a principal place of business  
in the ,people's ,republic of ,china2 or

  7iii7 is owned or controlled by1 or   
otherwise subject to the jurisdiction   
of1 the ,government of the ,people's    
,republic of ,china or the ,chinese     
,communist ,party2 or  7,c7 that is a   
subsidiary of an entity described in    
subparagraph 7,b74  7#b7 ,foreign person
 ,the term foreign person means an      
individual or entity that is not a      
,united ,states person4  7#c7 ,united   
,states ,the term ,united ,states means 
the several ,states1 the ,district of   
,columbia1 the ,commonwealth of ,puerto 
,rico1 the ,commonwealth of the         
,northern ,mariana ,islands1 ,american  
,samoa1 ,guam1 the ,united ,states      
,virgin ,islands1 and any other         
territory or possession of the ,united  
,states4  7#d7 ,united states person    
,the term ,united ,states person means--
 7,a7 a ,united ,states citizen or an   
alien lawfully admitted for permanent   
residence to the ,united ,states2 or    
7,b7 an entity organized under the laws 
of the ,united ,states or any           

jurisdiction within the ,united ,states1
 including a foreign branch of such an  
entity4  #c4 ,penalty amount under      
,agricultural ,foreign ,investment      
,disclosure ,act of #aigh ,section      
#c7;b7 of the ,agricultural ,foreign    
,investment ,disclosure ,act of #aigh   
7#g ,u4,s4,c4 #cejb7;b77 is amended by  
striking exceed #be percent of and      
inserting be less than #aj percent1 or  
exceed #be percent1 of4