The Argentine Senate is debating a controversial private property rights reform bill on Thursday afternoon, as protesters gather outside Congress amid a heavy security operation. The bill proposes changes to existing legislation that would expand the rights and powers of owners of property and land. Rural land purchasesThe original bill sought to eliminate all restrictions on the purchase of rural land in Argentina by foreign nationals. Current legislation, known as the “Land Law,” limits foreign ownership to 15% of rural land at the national, provincial, and municipal levels. What the bill proposes nowThe remainder of the proposal, dubbed the “Private Property Inviolability Law,” will be debated on Thursday.