summary
Introduced
04/09/2025
04/09/2025
In Committee
04/09/2025
04/09/2025
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, known as the "Protecting Military Installations and Ranges Act of 2025," requires the Committee on Foreign Investment in the United States (CFIUS) to review real estate purchases or leases near military installations and airspace by foreign entities from specific countries: Russia, China, Iran, and North Korea. The bill expands CFIUS's existing review process to include any 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 from the specified countries is connected to, controlled by, or subsidized by their government, the transaction will be subject to mandatory review. The bill also introduces new requirements for notifying Congress about such transactions, specifically informing the Senators and Representatives from the state or district where the military site is located. Additionally, the bill includes provisions that prevent the Department of Defense and the Secretary of Transportation from completing reviews of energy projects near such real estate until CFIUS has concluded its review, and if CFIUS determines the transaction threatens national security, the project can be blocked. This legislation aims to enhance national security by scrutinizing potential foreign real estate investments near sensitive military locations.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, Energy and Commerce, Armed Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 04/09/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/2754/all-info |
| BillText | https://www.congress.gov/119/bills/hr2754/BILLS-119hr2754ih.pdf |
Loading...