On Tuesday, the Republican Senator from Missouri, Josh Hawley, revealed a new bill that will forbid Chinese Communist Party-linked entities and Chinese corporations from purchasing farmland in the United States.
Senator Hawley’s bill, labeled “This Land is Our Land Act,” would enforce CCP-backed businesses to evict their interest in the agricultural land of the U.S.
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Hawley introduced the bill because of the growing concerns over China’s increasing influence in the United States and abroad.
While talking with Fox News Digital, Hawley stated:
“No Chinese corporation or individual associated with the CCP should be permitted to own American farmland. It undermines the integrity of our nation’s food supply chain, it presents national security threats when the land is in proximity to military installations, and it hurts American farmers.”
Numerous lawmakers, mostly belonging to the Midwest, are distressed by national security concerns because of China’s buying up U.S. farmlands.
The lawmakers are raising alarms as the lands are close to sensitive military areas that Chinese entities purchase.
Moreover, they are also fearful that the U.S. might even lose control of its food supply to China.
According to the text of the bill, after a year of the legislation’s passage, the Chinese groups with stakes of interest or existing leases would have to sign a “letter of intent” to indicate that they will be letting go of the assets.
However, the bill also noted that if the Chinese groups failed to divest within 2 years, they will have to face criminal penalties along with heavy fines.