Pipeline · Bill → Law
Step 1
Introduced
Mar 30, 2023
Step 2
Referred
Mar 30, 2023
Banking, Housing, and Urban Affairs · Foreign Relations
Step 3
Committee
Jan 18, 2024
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill requires the President to take actions as necessary to prohibit certain individuals and entities associated with China from purchasing real estate located in the United States and to mandate the sale of such property in certain circumstances. The individuals and entities prohibited from purchasing U.S. real estate include (1) Chinese citizens, (2) entities acting on behalf of the Chinese government or the Chinese Communist Party, and (3) foreign individuals or entities acting on behalf of a Chinese citizen. Entities subject to this prohibition are generally those Additionally, if the President determines that the ownership of U.S. real estate by these individuals and entities pos...
Timeline · 3 actions
Jan 18, 2024
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Mar 30, 2023
Introduced in Senate
Mar 30, 2023
Read twice and referred to the Committee on Foreign Relations.