summary
Introduced
02/09/2023
02/09/2023
In Committee
02/09/2023
02/09/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th 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 requires 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. It also mandates that CFIUS initiate a review of such transactions and provides for certifications to Congress regarding the reviews. Additionally, the bill places limitations on the approval of energy projects related to CFIUS reviews, requiring the Secretary of Defense and the Secretary of Transportation to coordinate their respective reviews.
Committee Categories
Housing and Urban Affairs
Sponsors (7)
Ted Cruz (R)*,
Mike Braun (R),
Ted Budd (R),
Steve Daines (R),
Marco Rubio (R),
Eric Schmitt (R),
Tommy Tuberville (R),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 02/09/2023)
Bill Topics
Defense
- ‐ Civil Defense and Homeland Security
- ‐ Military Installations and Placement
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/369/all-info | 02/10/2023 |
| BillText | https://www.congress.gov/118/bills/s369/BILLS-118s369is.pdf | 03/02/2023 |
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