summary
Introduced
01/22/2025
01/22/2025
In Committee
01/22/2025
01/22/2025
Crossed Over
Passed
Dead
Introduced Session
119th 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, called the "Protecting Military Installations and Ranges Act of 2025," requires the Committee on Foreign Investment in the United States (CFIUS) to review and potentially block real estate purchases or leases near sensitive military areas by foreign entities from specific countries, specifically Russia, China, Iran, and North Korea. The bill expands CFIUS's oversight to include any real estate transactions within 100 miles of a military installation or within 50 miles of military training routes, special use airspace, controlled firing areas, or military operations areas. If a foreign person or entity from the specified countries is involved in such a transaction, CFIUS must conduct a mandatory review to assess potential national security risks. Additionally, the bill introduces new procedural requirements, such as notifying local congressional representatives about these transactions and creating a special review process for energy projects that might be located on properties under CFIUS investigation. The legislation aims to prevent foreign governments from acquiring strategic real estate near critical military infrastructure that could potentially compromise national security.
Committee Categories
Housing and Urban Affairs
Sponsors (9)
Ted Cruz (R)*,
Katie Boyd Britt (R),
Ted Budd (R),
Tom Cotton (R),
James Justice (R),
Markwayne Mullin (R),
Rick Scott (R),
Dan Sullivan (R),
Tommy Tuberville (R),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 01/22/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/197/all-info |
BillText | https://www.congress.gov/119/bills/s197/BILLS-119s197is.pdf |
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