Texas Senate Passes Bill Banning China from Purchasing Farm Land

Texas lawmakers Tuesday preliminarily approved a bill that bans foreign governments, including China and Iran, from purchasing land in the Lone Star State.

Chinese purchases of American land and farmland have been a major under-the-radar issue in recent years.

Republican state senator Lois Kolkhorst said the legislation is a means to address national security and protect the state.

“Senate Bill 147 strives to put common sense guardrails to protect food and energy and national security, while at the same time, it keeps alive the American dream of homeownership to all, the ability to own a business,” Kolkhorst said.

Governments listed as part of the ban include the aforementioned China and Iran, along with Russia and North Korea.

Those foreign entities, along with companies headquartered within their borders, would be prevented from buying “real property” in Texas.

Original Article: https://nworeport.me/texas-senate-passes-bill-banning-china-from-purchasing-farm-land/

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