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US S1278

US S1278
Protecting Military Installations and Ranges Act of 2021


summary

Introduced
04/21/2021
In Committee
04/21/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Committee on Foreign Investment in the United States 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 Russian Federation, the People’s Republic of China, the Islamic Republic of Iran, or the Democratic People’s Republic of Korea, and for other purposes.

AI Summary

This bill, the Protecting Military Installations and Ranges Act of 2021, 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 Russian Federation, the People's Republic of China, the Islamic Republic of Iran, or the Democratic People's Republic of Korea. The bill also requires CFIUS to initiate a review of such transactions and provides for certifications to Congress regarding these reviews. Additionally, the bill places limitations on the approval of energy projects related to CFIUS reviews, requiring the Department of Defense and the Secretary of Transportation to coordinate their reviews and approval processes.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/21/2021)

bill text


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