HR 7202
To require the Secretary of the Interior to issue long-term leases on Federal lands under the administrative jurisdiction of the Bureau of Land Management to companies that relocate production facilities from the People's Republic of China to the United States, and for other purposes.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
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Bill overview
This bill aims to encourage companies to move production facilities from China to the United States by offering long-term leases on federal land. The Secretary of the Interior can lease land to companies that relocate a production facility of similar size and type from China, but only after the Secretary of Commerce confirms this relocation will replace an existing Chinese facility. Leases will be for 99 years and will cost $1 per acre annually. The bill also includes a potential fine for companies that move their facilities out of the US before the lease term ends.
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Primary sponsor
Cosponsors
Louie Gohmert
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