Protecting our Land Act

Summary

Requires the President to direct federal departments and agencies to issue rules that bar specified foreign adversaries, state sponsors of terrorism, their agents/instrumentalities, and persons owned, controlled by, or affiliated with them from buying any public or private real estate anywhere in the United States and its territories. The measure defines which foreign actors are covered and uses existing statutory references for state sponsors of terrorism and for the definition of the United States.

• Directs the President to require federal agencies to ban certain foreign actors from buying any public or private U.S. real estate.
• Covers foreign adversaries, state sponsors of terrorism, their agents/instrumentalities, and entities owned, controlled by, or affiliated with them.
• Applies across all 50 states, D.C., U.S. territories, and possessions.
• Does not include specific enforcement rules, penalties, funding, or an implementation timeline—agencies must write the implementing regulations.
• Relies on existing statutory definitions for "state sponsor of terrorism" and specifies the territorial scope of the United States.
• Will affect real estate transactions, sellers, lenders, title companies, and any U.S. entities dealing with covered foreign parties.
• Is regulatory in nature rather than an appropriations or tax bill; it mandates rulemaking by federal agencies.
• Could prompt coordination with existing national security review processes (e.g., foreign investment reviews) although it does not mention them explicitly.