1. Short title This Act may be cited as the Not One More Inch or Acre Act . 2. Prohibition on purchase of public or private real estate located in the United States by citizens and entities of the People's Republic of China (a) In general Notwithstanding any other provision of law, the President shall take such actions as may be necessary— (1) to prohibit the purchase, on or after the date of the enactment of this Act, of public or private real estate located in the United States by— (A) any citizen of the People's Republic of China; (B) any covered foreign entity; or (C) any foreign person acting for or on behalf of the Chinese Communist Party, a covered foreign entity, or a citizen of the People's Republic of China; and (2) if the President determines that the ownership, as of such date of enactment, by a person described in subparagraph (A), (B), or (C) of paragraph (1) of real estate located in the United States poses a national security risk to the United States, to require the sale of such real estate by not later than the date that is one year after such date of enactment. (b) Exceptions (1) Exception for refugees Subsection (a) does not apply with respect to a citizen of the People's Republic of China who— (A) entered the United States as a refugee (as defined in section 101(a)(42) of the Immigration and Nationality Act ( 8 U.S.C. 1101(a)(42) )); or (B) was granted asylum or withholding of removal under section 208 or 241(b)(3) that Act (8 U.S.C. 1158 and 1231(b)(3)). (2) Exception for property of United States nationals Subsection (a)(2) does not apply with respect to the sale of real estate owned or otherwise held for personal use by a United States citizen or an alien lawfully admitted for permanent residence to the United States. (c) Definitions In this section: (1) Covered foreign entity The term covered foreign entity means an entity— (A) acting on behalf of or otherwise directed by the Government of the People’s Republic of China or the Chinese Communist Party