Foreign Land Ownership Restriction Act (FLOR Act)

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Foreign Land Ownership Restriction Act (FLOR Act) - Summary**

The Foreign Land Ownership Restriction Act (FLOR Act) is proposed legislation aimed at securing U.S. land resources and protecting national interests by restricting foreign ownership of agricultural, commercial, and residential property within the United States. Under this act, foreign governments, entities, and foreign-controlled organizations are prohibited from acquiring or holding land or property in the U.S. unless it demonstrably benefits the American economy and citizens.

The key provisions of the FLOR Act include:

  1. Absolute Restriction on Adversarial Nations: Enforces a strict ban on any land or property ownership by countries or entities from nations deemed adversarial to the United States, particularly those actively undermining or threatening the U.S. constitutional republic or its national security interests.

  2. Restriction on Agricultural Land: Prohibits foreign entities from owning, leasing, or investing in U.S. agricultural lands to preserve food security, protect rural communities, and maintain American farming independence.

  3. Restriction on Commercial and Residential Property: Limits foreign ownership of commercial and residential properties to prevent adverse impacts on U.S. businesses, communities, and housing markets, including inflated property prices due to foreign investment.

  4. Economic Benefit Clause: Allows certain exemptions where foreign investments can prove substantial, direct benefits to the U.S. economy and citizens, subject to rigorous review by federal agencies. Approved investments must create jobs, drive economic growth, and align with U.S. strategic interests.

  5. Regular Oversight and Reporting: Requires periodic reviews and reports to Congress on foreign ownership trends and the impact of foreign investment on U.S. land and property markets, ensuring transparency and accountability.

The FLOR Act reinforces American sovereignty over its land resources, prioritizes national economic interests, and safeguards critical U.S. industries from foreign influence, especially from adversarial nations, to promote a secure and prosperous future for all Americans.

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unless it demonstrably benefits the American economy and citizens. I agree with you foreign should not be owning American land. But that last line you put in there is a get out of jail free card and let them all own it. Who decides what benefits America and what harms America because you can be a benefit easily but it doesn’t mean you’re not a larger harm.