Bill
H 3343
Overview: H 3343, Chinese Land Ownership Prohibition, Member(s) request name added as sponsor: Ligon, introduced on February 27, 2025.Purpose and Intent: The purpose of this bill i
Overview: H 3343, Chinese Land Ownership Prohibition, Member(s) request name added as sponsor: Ligon, introduced on February 27, 2025.
Purpose and Intent: The purpose of this bill is to prohibit the ownership of land in the state by individuals or entities affiliated with the Chinese government. The intent is to address national security concerns and limit the influence of the Chinese government within the state.
Key Provisions:
- Prohibits the purchase, acquisition, or ownership of any real property in the state by:
- The government of China or any of its political subdivisions
- Any individual who is a citizen of China
- Any entity that is owned or controlled by the Chinese government or Chinese citizens
- Requires the divestment of any existing Chinese-owned land within a specified timeframe
- Imposes penalties for violations, including fines and the forfeiture of the property
Affected Parties and Impacts: This bill would primarily affect Chinese individuals and entities, as well as any current or prospective landowners in the state with ties to China. It could have significant economic impacts on real estate transactions and investments involving Chinese parties.
Procedural and Timeline Considerations: The bill has been introduced and is currently in the legislative process. Additional sponsors have been added, but the specific timeline for consideration and potential enactment is not yet clear.
Compiled from official sources — confirm details with the bill’s official record.
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