[sgbuffett]

I think the bill is targeting certain foreign  nationalities due to geo political tensions.

Because Chinese have settle there with certain expectations it is clear they will be disappointed.

But if they are naturalised and become US citizens then owning US propeprty should not be a problem.

Restrictions for foreigners buying local property is common even in singapore and Malaysia.

Bill 147, filed by Republican State Sen. Lois Kolkhorst in November 2022, will effectively prevent people with ties to four countries — China, Russia, North Korea and Iran — from purchasing Texas property or real estate if passed.

Meanwhile, Bill 552 will hinder companies with links to the four countries from buying agricultural land.