Protecting Our Farms and Homes from China Act

Key Points

• Would ban Chinese-linked entities from buying or leasing U.S. farmland, including land used for farming, ranching, timber, and some food-processing sites.
• Would require Chinese-linked entities that already own or lease U.S. farmland to sign a promise to sell within 180 days, and fully sell off those interests within 1 year.
• Sets fines for violating the farmland ban at $100 per acre per day, with possible criminal penalties and the chance the land could be taken and sold at public auction.
• Would temporarily block Chinese-linked entities from buying U.S. homes for at least 2 years and require them to sell any homes they already own within 1 year.
• Lets Trump renew the home-buying ban every 2 years; violations could bring $1,000 per day fines per home and Justice Department enforcement.