Securing America’s Land from Foreign Interference Act

Senate Bill 4703 - Securing America’s Land from Foreign Interference Act: Overview, Status, and Impact

Hozzl · 2022-12-29T19:03:37Z

Explore the details of Senate Bill 4703 Securing America’s Land from Foreign Interference Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on International Affairs. Stay informed on legislative developments.

12/29/2022, 7:03 PM

Congressional Summary of S 4703

Securing America's Land from Foreign Interference Act

This bill requires the President to take actions as necessary to prohibit members of the Chinese Communist Party (CCP) (or foreign individuals or entities acting on behalf of the CCP) from purchasing real estate located in the United States.

The bill also modifies an existing civil penalty for failing to satisfy a reporting requirement relating to a foreign individual or entity that acquires or transfers an interest in U.S. agricultural land. Under this bill, the civil penalty for failing to report the required information to the Department of Agriculture must be at least 10% of the fair market value of the relevant interest in agricultural land.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 4703

Bill S 4703 is currently in the status of Bill Introduced since August 2, 2022. Bill S 4703 was introduced during Congress 117 and was introduced to the Senate on August 2, 2022. Bill S 4703's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of August 2, 2022

Bipartisan Support of Bill S 4703

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4703

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill S 4703

Securing America’s Land from Foreign Interference Act

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 the Chinese Communist Party, and for other purposes.