Abbott seeks to ban investors from China, Russia, Iran and North Korea from buying Texas land

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Abbott seeks to ban investors from China, Russia, Iran and North Korea from buying Texas land
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Texas governor vows to sign legislation, following similar move by Florida Gov. Ron...

State Sen. Lois Kolkhorst, R-Brenham, said she filed the new bill out of fear that Chinese entities are trying to buy up large swaths of land. She pointed to a Chinese energy company's attempt to purchase 130,000 acres for wind farms near Del Rio as alarming because it would be just 70 miles from Laughlin Air Force Base.

“This blatantly racist and xenophobic piece of legislation is exactly what we expect coming from what is anticipated to be the most conservative session we’ve seen in Texas,” Harris County Democratic Party Chair Odus Evbagharu said.David Bier, an immigration expert at the libertarian Cato Institute, said barring immigrants from purchasing property would run afoul of the Constitution.

The legislation follows moves in both Congress and other states like Florida where Gov. Ron DeSantis has called on that state’s Legislature to also ban nations including China from buying up land there. "It is dangerous, foolish, and shortsighted to allow the Chinese Communist Party and its proxies to purchase land near U.S. military installations," said Sen. Marco Rubio, R-Florida.

Those bills died in December, but during a stop in Houston last fall, now-House Speaker Kevin McCarthyHe praised former President Donald Trump for shutting down the Chinese consulate in Houston in 2020 for spying and stealing trade secrets and technology from organizations such as the University of Texas, MD Anderson Cancer Center, NASA and the energy sector.

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