Prohibits foreign entities from China from acquiring or leasing U.S. agricultural land and residential real estate.

The Protecting Our Farms and Homes from China Act prohibits Chinese entities from acquiring or leasing U.S. agricultural land and residential real estate. It mandates divestment of existing holdings within a year and imposes fines for non-compliance. The act also nullifies noncompete agreements between these entities and their employees. The Secretary of Agriculture must issue regulations and establish an office to monitor compliance. The President can extend the prohibition period every two years.

Prohibits foreign entities from China from acquiring or leasing U.S. agricultural land and residential real estate.

The Protecting Our Farms and Homes from China Act prohibits Chinese entities from acquiring or leasing U.S. agricultural land and residential real estate. It mandates divestment of existing holdings within a year and imposes fines for non-compliance. The act also nullifies noncompete agreements between these entities and their employees. The Secretary of Agriculture must issue regulations and establish an office to monitor compliance. The President can extend the prohibition period every two years.