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Senator Acts to Stop CCP from Buying U.S. Farmland – Intercessors for America

This proposed bill is an answer to prayers.

From Fox News. Sen. Josh Hawley, R-Mo., unveiled new legislation on Tuesday aimed at stopping Chinese corporations and entities linked to the Chinese Communist Party (CCP) from buying up U.S. farmland.

Find out when your state prays.

Hawley’s “This Land is Our Land Act” would force Beijing-backed businesses to divest their interest in U.S. agricultural land and prevent more from buying acreage. The senator is introducing it against the backdrop of bipartisan concern over China’s growing economic influence abroad, including in the United States.

“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,’ Hawley told Fox News Digital. …

No later than one year after the bill’s passage, Chinese entities with existing leases or stakes of interest would be forced to sign a “letter of intent” to signal that they will part from those assets, according to the bill text obtained first by Fox News Digital.

If they don’t divest within two years, they risk facing fines and criminal penalties – as well as the threat of asset forfeiture.

Nearly 1% of all foreign-owned U.S. agricultural land had been bought by China as of the end of 2021, according to a Congressional Research Service report released earlier this year – that’s roughly 383,935 acres. …

What do you think of this bill? Share your thoughts and prayers below.

(Excerpt from Fox News. Photo Credit: Canva)

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