Posted BY: | NwoReport
Republican South Dakota Gov. Kristi Noem’s efforts to block China from buying up farmland in her state were thwarted this week when a supermajority of state Senators rejected her proposal.
As Breitbart News previously reported, Noem had proposed a bill that would “create a state-level version of the Committee on Foreign Investment in the United States (CFIUS)” in order to curtail foreign Chinese entities from buying agricultural land in her state:
Currently, CFIUS is a federal board that approves or disapproves of foreign entities engaging in major U.S. transactions. Noem’s proposal would establish a CFIUS-South Dakota, or CFIUS-SD, which would review proposed transactions in the state where foreign entities including but not limited to Chinese entities seek to purchase land. The board, if established — which would require the legislature to pass Noem’s proposal — could block such land sales as it sees fit.
Essentially, Senate Bill 185 would have granted the South Dakota governor the power to unilaterally veto any purchase reviewed by the panel. The state senate rejected the bill on Tuesday with an 11-23 vote.
“The bill faced opposition from nearly every agriculture industry group in committee testimony. But the proposal’s supporters on the Senate floor said any flaws would be rectified before it becomes law,” reported South Dakota Public Broadcasting (SDPB).
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The bill’s opponents, such as Republican State Sen. David Wheeler, feared that it would give too much power to the executive branch.
Follow the money….
WHO THE F*CK ARE THESE “SPECIAL INTEREST GROUPS ???????????????????
WHO THE F*CK ARE THEY INTERESTED IN ?????????? WHO THE F*CK IS GOING TO OPEN-UP THIS CAN OF STINKING F*CKING WORMS ????????? WHO THE F*CK IS GOING TO GO FISHING WITH THESE STINKING F*CKING WORMS ???????