Texas will ban individuals and companies with ties to the Chinese Communist Party (CCP) from purchasing land in the state under a law set to take effect on Sept. 1.
Gov. Greg Abbott announced on June 23 that he signed Senate Bill 17 into law, restricting the foreign ownership of residential property, agricultural land, mineral deposits, and water rights across Texas.
The legislation targets nations designated as national security threats by the U.S. National Director of Intelligence. Besides communist China, the current list includes Russia, Iran, and North Korea. It also grants the governor the authority to add more countries to the restricted list….