,,ii #aai? ,,congress #a/ ,session ,s4 #bbeh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #aj1 #bjbe,mr4 ,hawley introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to prohibit ! acquisition & own]%ip ( agricultural l& & resid5tial real prop]ty by c]ta9 =eign entities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,protect+ ,our ,f>ms & ,homes f ,*9a ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,agricultural l& 7,a7 ,9 g5]al ,! t]m agricultural l& means-- 7i7 l& us$ = f>m+1 ran*+1 or timb] production2 7ii7 l& us$ = food process+2 & 7iii7 l& t-- 7,i7 is curr5tly idle2 & 7,,ii7 0 us$ )9 ! previ\s #e ye>s = f>m+1 ran*+1 or timb] production4 7,b7 ,relat$ def9itions ,9 subp>agraph 7,a73 7i7 ,f>m+1 ran*+1 or timb] production ,! t]m f>m+1 ran*+1 or timb] production includes activities set =? 9 ! ,/&>d ,indu/rial ,classification ,manual 7#aihg71 ,division ,a4 7ii7 ,food process+ ,! t]m food process+ includes activities set =? 9 ! ,/&>d ,indu/rial ,classification ,manual 7#aihg71 ,division ,d1 ,major ,gr\p #bj4 7#b7 ,cov]$ =eign entity ,! t]m cov]$ =eign entity means-- 7,a7 a corporation t is incorporat$ 9 ! ,p's ,republic ( ,*9a1 includ+ ! ,special ,adm9i/rative ,regions ( ,*9a1 includ+ ,hong ,kong & ,macau2 7,b7 a p]son1 bus9ess tru/1 bus9ess association1 company1 in/itution1 gov]nm5t ag5cy1 univ]sity1 p>tn]%ip1 limit$ liability company1 corporation1 or any o!r individual or organization t c legally ent] into contracts1 own prop]ties1 or pay taxes on behalf ( ! ,gov]nm5t ( ! ,p's ,republic ( ,*9a2 7,c7 an individual or organization affiliat$ ) ! ,*9ese ,communi/ ,p>ty2 7,d7 an entity own$ or controll$ by1 or t p]=ms activities on behalf (1 an individual1 organization1 or p]son describ$ 9 subp>agraph 7,a71 7,b71 or 7,c72 & 7,e7 an individual t is a memb] ( ! bo>d ( directors1 an executive (fic]1 or a s5ior (ficial ( a corporation or organization describ$ 9 subp>agraph 7,a71 7,b71 7,c71 or 7,d74 7#c7 ,noncompete agreem5t ,! t]m noncompete agreem5t means an agreem5t ent]$ into betwe5 an employ] & an employee t re/ricts t employee f p]=m+1 aft] ! employm5t relation%ip betwe5 ! employ] & ! employee t]m9ates1 any ( ! foll[+3 7,a7 ,any "w = ano!r employ] = a specifi$ p]iod ( "t4 7,b7 ,any "w 9 a specifi$ geographical area4 7,c7 ,any "w = ano!r employ] t is simil> to t employee's "w = ! employ] t is a p>ty to t agreem5t4 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7#e7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates ( ! ,unit$ ,/ates4 7#f7 ,t]ritory ,! t]m t]ritory means-- 7,a7 ! ,di/rict ( ,columbia2 7,b7 ! ,commonweal? ( ,pu]to ,rico2 7,c7 ! ,unit$ ,/ates ,virg9 ,isl&s2 7,d7 ,guam2 7,e7 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s2 & 7,f7 ,am]ican ,samoa4 7#g7 ,unit$ ,/ates agricultural l& ,! t]m ,unit$ ,/ates agricultural l& means agricultural l& locat$ 9 a ,/ate or t]ritory4 #c4 ,prohibition ( acquisition1 leas+1 or own]%ip ( ,unit$ ,/ates agricultural l& by cov]$ =eign entities 7a7 ,prohibition ( acquisition ( agricultural l& ,x %all be unlawful = a cov]$ =eign entity-- 7#a7 to acquire any int]e/ 9 ,unit$ ,/ates agricultural l&2 or 7#b7 to lease any int]e/ 9 ,unit$ ,/ates agricultural l&4 7b7 ,dive/m5t requirem5t 7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 a cov]$ =eign entity t owns or leases an int]e/ 9 ,unit$ ,/ates agricultural l& %all dive/ itself f any own]%ip or lease int]e/s 9 ,unit$ ,/ates agricultural l&4 7#b7 ,lett]s ( int5t ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 a cov]$ =eign entity t owns or leases an int]e/ 9 ,unit$ ,/ates agricultural l& %all sign a lett] ( int5t to dive/ itself f any own]%ip or lease int]e/s 9 ,unit$ ,/ates agricultural l&4 7c7 ,p5alty ,! ,secret>y %all f9e a cov]$ =eign entity t owns or leases an int]e/ 9 ,unit$ ,/ates agricultural l& 9 violation ( subsection 7a7 or 7b7 9 an am\nt equal to #ajj p] acre p] day t ! cov]$ entity owns or leases ! int]e/ 9 violation ( subsection 7a7 or 7b74 7d7 ,crim9al en=cem5t 7#a7 ,p5alties ,a cov]$ =eign entity t violates subsection 7a7 or 7b7 %all be f9$ "u title #ah1 ,unit$ ,/ates ,code1 imprison$ = n m ?an #e ye>s1 or bo?4 7#b7 ,=feiture 7,a7 ,9 g5]al ,9 an action br\ght by ! ,attorney ,g5]al1 any ,unit$ ,/ates agricultural l& own$ 9 violation ( subsection 7a7 or 7b7 %all be subject to =feiture to ! ,unit$ ,/ates 9 accordance ) *apt] #df ( title #ah1 ,unit$ ,/ates ,code4 7,b7 ,public auction ( =feit$ l& ,not)/&+ section #iha7;e7 ( title #ah1 ,unit$ ,/ates ,code1 ! ,attorney ,g5]al %all sell ?r\gh a public auction any ,unit$ ,/ates agricultural l& t is =feit$ to ! ,unit$ ,/ates "u ?is p>agraph4 7e7 ,nullification ( agreem5ts ,not)/&+ any o!r provision ( law1 any noncompete agreem5t ent]$ into betwe5 a cov]$ =eign entity t owns or leases an int]e/ 9 ,unit$ ,/ates agricultural l& & an employee ( ! cov]$ =eign entity %all h no =ce or effect4 7f7 ,implem5tation 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y1 9 coord9ation ) ! ,attorney ,g5]al1 %all issue guidance & regulations to implem5t ?is ,act4 7#b7 ,(fice ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% an (fice )9 ! ,dep>tm5t ( ,agriculture = ! purpose (-- 7,a7 monitor+ compliance ) ?is ,act2 & 7,b7 impos+ f9es "u subsection 7c74 7g7 ,inve/igative actions ,! ,secret>y may c>ry out su* actions z ! ,secret>y det]m9es to be necess>y to monitor compliance ) ?is ,act4 #d4 ,tempor>y prohibition on pur*as+ resid5tial real e/ate 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ p]iod ,! t]m cov]$ p]iod means ! p]iod-- 7,a7 beg9n+ on ! date ( enactm5t ( ?is ,act2 & 7,b7 end+ on-- 7i7 ! date t is #b ye>s aft] ! date ( enactm5t ( ?is ,act2 or 7ii7 if ! ,presid5t makes an ext5sion "u subsection 7f71 ! date on :i* ! ext5sion expires "u t subsection4 7#b7 ,resid5tial real e/ate ,! t]m resid5tial real e/ate means-- 7,a7 a s+le-family home2 7,b7 a unit 9 a condom9ium or a condom9ium2 7,c7 a t[nh\se2 7,d7 a unit 9 a coop]ative or a coop]ative2 7,e7 a unit 9 a duplex or a duplex2 7,f7 a unit 9 a triplex or a triplex2 7,g7 a unit 9 a f\rplex or a f\rplex2 & 7,h7 a p>cel ( l& t a local gov]nm5t has zon$ = developm5t ( a type ( h\s+ describ$ 9 ?is p>agraph4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,comm]ce4 7b7 ,prohibition ,a cov]$ =eign entity may n pur*ase a unit ( resid5tial real e/ate 9 ! ,unit$ ,/ates dur+ ! cov]$ p]iod4 7c7 ,dive/m5t requirem5t ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 a cov]$ =eign entity %all dive/ itself f any own]%ip ( units ( resid5tial real e/ate 9 ! ,unit$ ,/ates4 7d7 ,p5alty ,) respect to ea* unit ( resid5tial real e/ate own$ by a cov]$ =eign entity 9 violation ( subsection 7b7 or 7c71 ! ,secret>y %all f9e ! cov]$ =eign entity 9 an am\nt equal to #a1jjj = ea* day ! cov]$ =eign entity owns ! unit ( resid5tial real e/ate 9 violation ( ei!r ( ^? subsections4 7e7 ,en=cem5t ,! ,attorney ,g5]al may en=ce ! provisions ( ?is ,act1 includ+ by seiz+ assets & seek+ appropriate injunctive relief4 7f7 ,presid5tial ext5sions ,on ! date t is #b ye>s aft] ! date ( enactm5t ( ?is ,act1 & e #b ye>s !reaft]1 ! ,presid5t may ext5d ! cov]$ p]iod = an additional #b ye>s4 7g7 ,implem5tation 7#a7 ,9 g5]al ,! ,secret>y1 9 coord9ation ) ! ,attorney ,g5]al1 %all issue guidance & regulations = ! implem5tation ( ?is ,act4 7#b7 ,(fice ,! ,secret>y %all e/abli% an (fice )9 ! ,dep>tm5t ( ,comm]ce = ! purpose (-- 7,a7 monitor+ compliance ) ?is ,act2 & 7,b7 impos+ f9es "u subsection 7d74 7h7 ,report ,n lat] ?an #edj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all submit to ,congress a report t details ! impact ( ! prohibition "u subsection 7b7 on ! resid5tial real e/ate m>ket & h\s+ af=dability 9 ! ,unit$ ,/ates4