Bill > HR2728

This bill, the Protecting Military Installations from Foreign Espionage Act, would require the Committee on Foreign Investment in the United States (CFIUS) to review any purchase or lease of real estate near a military installation or military airspace in the United States by a foreign person connected to or subsidized by the governments of Russia, China, Iran, or North Korea. The bill also mandates that CFIUS initiate a review of such transactions and provide certifications to Congress regarding these reviews. Additionally, the bill places limitations on the approval of energy projects related to CFIUS reviews, requiring the Secretary of Defense to delay their review until CFIUS concludes its action and to make certain findings if CFIUS determines the transaction threatens national security.