H.R. 8906 — Ban Chinese Communist and Islamist Home Ownership Act

This section prohibits covered persons—including citizens of foreign countries of concern, foreign entities of concern, foreign adversaries, and state sponsors of terrorism—from purchasing housing in the United States beginning on the date of enactment. It requires divestment of any such housing within 2 years through sale to a US citizen or corporation and directs the President to issue regulations enforcing the ban and divestment.

This section provides that if any provision of the Act is held invalid or unconstitutional, the remainder of the Act remains in effect.