designated countries; land ownership; prohibition
What changed between versions
Changed the prohibited entity from only the People's Republic of China to any foreign principal from a designated country.
Broadened legislative findings to include threats from other adverse nations or entities, not just the Chinese Communist Party.
Added new exceptions allowing foreign principals to own small residential properties (2 acres or less) located far from military installations and critical infrastructure.
Added requirement that foreign principals must be natural persons with valid US visas or asylum documentation to qualify for exceptions.
Added comprehensive definitions for 'designated country', 'foreign principal', 'critical infrastructure', and 'military installation'.
Added provisions allowing foreign principals who owned property before the effective date to keep it, with restrictions on acquiring additional property.