{"id":1543922,"date":"2025-06-26T19:45:00","date_gmt":"2025-06-26T23:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1543922"},"modified":"2025-06-26T19:45:00","modified_gmt":"2025-06-26T23:45:00","slug":"new-texas-law-prevents-land-sales-to-ccp-members","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/new-texas-law-prevents-land-sales-to-ccp-members\/1543922\/","title":{"rendered":"New Texas Law Prevents Land Sales To CCP Members"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">New Texas Law Prevents Land Sales To CCP Members<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><em><a href=\"https:\/\/www.theepochtimes.com\/china\/new-texas-law-to-prevent-land-sales-to-ccp-members-5877235?utm_source=partner&amp;utm_campaign=ZeroHedge&amp;src_src=partner&amp;src_cmp=ZeroHedge\">Authored by Dorothy Li via The Epoch Times<\/a> (emphasis ours),<\/em><\/p>\n<p><strong>Texas will ban individuals and companies with ties to the Chinese Communist Party (CCP) from purchasing land in the state under a law set to take effect on Sept. 1.<\/strong><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/image_92%28260%29_0.jpg?itok=vbfFjsZQ\"><em>Texas Gov. Greg Abbott speaks with the Jewish Republican Coalition in Las Vegas, Nev., on Sept. 5, 2024. John Fredricks\/The Epoch Times<\/em><\/a><\/p>\n<p>Gov. Greg Abbott <a href=\"https:\/\/x.com\/gregabbott_tx\/status\/1936983385412428051?s=61\">announced<\/a> on June 23 that he signed <a href=\"https:\/\/capitol.texas.gov\/tlodocs\/89R\/billtext\/pdf\/SB00017F.pdf#navpanes=0\">Senate Bill 17<\/a> into law, <strong>restricting the foreign ownership of residential property, agricultural land, mineral deposits, and water rights across Texas.<\/strong><\/p>\n<p>The legislation targets nations designated as national security threats by the Director of National Intelligence. Besides communist China, the current list includes Russia, Iran, and North Korea. It also grants the governor the authority to add more countries to the restricted list.<\/p>\n<p>With the new law, T<strong>exas is joining a growing number of states that regulate foreign ownership of their land. <\/strong>From January 2023 to July 2024, a total of 22 states have enacted similar laws limiting or banning foreign ownership of land, according to a <a href=\"https:\/\/www.congress.gov\/crs-product\/LSB11013\">report<\/a> by the Congressional Research Service released in August 2024.<\/p>\n<p>State Sen. Lois Kolkhorst, who reintroduced SB 17 earlier in 2024, hailed the Texas measures as \u201cthe strongest national security bill that this nation has ever seen from any state.\u201d<\/p>\n<p>\u201c<strong>I believe that, from the very bottom of my heart, we are protecting our land and our minerals<\/strong>,\u201d the Republican senator <a href=\"https:\/\/senate.texas.gov\/videoplayer.php?vid=22351&amp;lang=en\">said<\/a> at a press conference on May 31 following the bill\u2019s passage in the Texas Legislature.<\/p>\n<p>\u201cAll of these are our resources that should never fall into the hands of adversarial nations.\u201d<\/p>\n<p>In November 2022, Kolkhorst first <a href=\"https:\/\/www.theepochtimes.com\/us\/proposed-texas-legislation-banning-chinese-land-purchases-softened-amid-criticism-5102034\">introduced<\/a> the bill, which was killed in the state\u2019s lower chamber at the time.<\/p>\n<p>Under the soon-to-be-enacted law, people from the designated nations living in the United States legally are allowed to purchase residential property but only if those properties serve as their primary residences.<\/p>\n<p>It restricts members of \u201cthe ruling political party or any subdivision of the ruling political party\u201d in these nations from purchasing the state\u2019s property. <strong>That means CCP members, for example, would not be able to buy land in Texas.<\/strong><\/p>\n<p>Individuals who act \u201cas an agent or on behalf of a designated country\u201d are also subject to the land purchase ban.<\/p>\n<p><strong>The law prohibits them from acquiring land and limits property leases to less than a year at a time.<\/strong><\/p>\n<p>The bill <a href=\"https:\/\/x.com\/LoisKolkhorst\/status\/1928619708829544576\">passed<\/a> in the state Senate by a vote of 25\u20136 on May 30, a day after receiving approval from the House with an <a href=\"https:\/\/journals.house.texas.gov\/hjrnl\/89r\/pdf\/89RDAY77FINAL.PDF#page=237\">85\u201357<\/a> vote.<\/p>\n<p>Among the four targeted nations\u2014which collectively hold less than 1 percent of total foreign-held agricultural land\u2014investors from China own the most U.S. forest land and farmland at 277,336 acres, according to the Department of Agriculture\u2019s most recent <a href=\"https:\/\/www.fsa.usda.gov\/resources\/economic-policy-analysis\/afida\/annual-reports\/foreign-holdings-us-agricultural-land-december-31-2023\">report<\/a>.<\/p>\n<p><strong>Texas alone has 123,708 of those acres, making it the state with the largest Chinese holdings.<\/strong> It was followed by North Carolina with 44,263 acres and Missouri with 42,905 acres.<\/p>\n<p>Nationwide, Iranian and Russian investors reported owning 3,030 acres and 11 acres, respectively, while there was no reported acreage held by North Koreans, according to the report released in December 2023.<\/p>\n<p>State Rep. Cole Hefner, a Republican who carried SB 17 in the House, said that the new law will \u201cprevent hostile foreign nations from buying up Texas land and exposing Texas to a significant and growing threat.\u201d<\/p>\n<p>\u201c<strong>We cannot, we will not, allow oppressive regimes who actively seek to do us harm to seize control and dictate their terms over our economy, our supply chains, our daily lives, our critical infrastructure, or our food supply<\/strong>,\u201d Hefner said at the May 31 press conference.<\/p>\n<p>State Sen. Bryan Hughes told reporters that the bill was not about foreign people but was part of Texas\u2019s efforts to stand up against threats from hostile foreign adversaries.<\/p>\n<p>He pointed to the threats posed by transnational repression, saying that agents from foreign adversaries operate in Texas, going after dissidents and Americans who speak out against them.<\/p>\n<p>\u201cWe love all people,\u201d Hughes said. \u201c<strong>We do not support hostile foreign governments that are very open about their designs on us, and we will not let them mess with Texas.<\/strong>\u201d<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 06\/26\/2025 &#8211; 15:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/political\/new-texas-law-prevents-land-sales-ccp-members\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/political\/new-texas-law-prevents-land-sales-ccp-members<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Texas Law Prevents Land Sales To CCP Members Authored by Dorothy Li via The Epoch Times (emphasis ours), Texas will ban individuals and companies&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1543923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1543922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1543922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1543922"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1543922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1543923"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1543922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1543922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1543922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}