Sen. Lois Kolkhorst filed a bill that would ban citizens, governments and entities from China, Iran, North Korea and Russia from purchasing land in the state, part of what she and other Republicans have said will help stem foreign influence in Texas.
would ban citizens, governments and entities from China, Iran, North Korea and Russia from purchasing land here, part of what she and other Republicans have said will help stem foreign influence in Texas.the purchase or acquisition of property by a "governmental entity" of the four countries; by a company headquartered in the four countries; and by a company "directly or indirectly controlled" by a government of the four countries.
Wu also feared that the Chinese government could retaliate over the ban and that it could complicate the ability of businesses of all sizes in the U.S. to work with Chinese counterparts or compete in an increasingly globalized marketplace. "The time to address adversarial countries acquiring land is before it becomes widespread, not after they already control substantial amounts of Texas," she said earlier this week. Late Friday afternoon, Kolkhorst said in a statement that the bill "will make crystal clear that the prohibitions do not apply to United States citizens and lawful permanent residents."
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