Sale of Land, Infrastructure to Foreign Adversaries Banned
May 4, 2023 | Montana
Republican Montana Gov. Greg Gianforte will ban the sale or lease of agricultural land, critical infrastructure, or homes surrounding military assets to foreign adversaries in the state, the Daily Caller has learned first.
Gianforte will sign Senate Bill 203 Thursday afternoon, and the ban will go into effect October 1, 2023.
Lawmakers across the U.S. have sounded the alarm on this issue when Chinese real estate buyers began purchasing land near U.S. military bases. The Chinese also became the biggest foreign land buyers in the U.S. after purchasing around $6.1 billion in real estate in 2021. (Excerpt from Daily Caller.)
