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Crowe: Senate passes bill restricting property purchases by foreign adversaries
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Crowe: Senate passes bill restricting property purchases by foreign adversaries
NASHVILLE — State Sen. Rusty Crowe announced the passage of Senate Bill 2424, legislation aimed at preventing foreign adversaries from purchasing or owning nonagricultural land in Tennessee. Crowe said the bill prohibits businesses controlled by foreign governments and certain foreign individuals from countries listed on the International Traffic in Arms Regulations (ITAR) list — including China — from purchasing or owning nonagricultural proper…
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