Section 7. Section 692.204, Florida Statutes, is created to
  521  read:
  522         692.204 Purchase or acquisition of real property by the
  523  People’s Republic of China prohibited.—
  524         (1)(a) The following persons or entities may not directly
  525  or indirectly own or acquire by purchase, grant, devise, or
  526  descent any interest, except a de minimus indirect interest, in
  527  real property in this state:
  528         1. The People’s Republic of China, the Chinese Communist
  529  Party, or any official or member of the People’s Republic of
  530  China or the Chinese Communist Party.
  531         2. Any other political party or member of a political party
  532  or a subdivision of a political party in the People’s Republic
  533  of China.
  534         3. A partnership, an association, a corporation, an
  535  organization, or any other combination of persons organized
  536  under the laws of or having its principal place of business in
  537  the People’s Republic of China, or a subsidiary of such entity.
  538         4. Any person who is domiciled in the People’s Republic of
  539  China and who is not a citizen or lawful permanent resident of
  540  the United States.