19 Mar Commentary: Prohibit into the overseas possession out of property maybe not the fresh new Texas means
Lois Kolkhorst's SB 147 would pub governments, companies or residents of Asia, Iran, Russia and you will North Korea out of to find result in Colorado
Rep. Gene Wu, a beneficial Democrat, speaks aside against SB 147, that would bar governments, enterprises otherwise owners out of China, Iran, Russia and North Korea off purchasing end up in Colorado. It's hard observe what objective for example a bar perform serve.
At the start of brand new 2023 Colorado Legislature, two expense were introduced in the Senate one to ostensibly hope so you can in some way cover Texas out-of Chinese, Iranians, Russians or North Koreans to order or running house.
State Sen. Condition Sens. Donna Campbell's and Tan Parker's SB 552 manage ban attempting to sell farming house so you're able to owners away from Asia, Iran, Russia and you will Northern Korea.
SB 147 and you may SB 552 are part of a bigger, bipartisan efforts on both state and you will national accounts to help you curb Chinese influence and economic dependency one impacts key industries including while the dining, semiconductors and you will nutritional elements.