This bill prohibits the purchase of real property by the People's Republic of China on or within 10 miles of any military installations or critical infrastructure facilities. It defines the terms "Chinese Communist Party," "company" or "development," "People's Republic of China," "military installation," "critical infrastructure," and "critical infrastructure facility." Any company or development owned or controlled by a company owned by the People's Republic of China or the Chinese Communist Party is prohibited from owning, leasing, possessing, or exercising any control over real property near military installations or critical infrastructure facilities. Failure to comply with this prohibition is a misdemeanor offense.
The fiscal impact of this bill is indeterminable. It may have an impact on the judicial and correctional systems, which could affect prosecution, incarceration, probation, and parole costs for the state, as well as county and local governments. The bill does not have a direct impact on revenue or expenditures.