Bill > HR4454

This bill amends the Defense Production Act of 1950 to prohibit certain foreign countries (specifically China, Iran, North Korea, and Russia, including entities controlled by or acting on their behalf) from purchasing, leasing, or obtaining concessions for property within 10 miles of "sensitive sites" in the United States. Sensitive sites are defined as locations that include air or maritime ports, U.S. military installations, government facilities with national security significance, or properties that could potentially enable foreign intelligence gathering or surveillance of national security activities. The bill requires the Committee on Foreign Investment in the United States (CFIUS) to promptly notify Congress of any violations or attempted violations of this prohibition. The restrictions would apply to property transactions made on or after the date of the Act's enactment, effectively creating a new layer of protection for strategically important U.S. locations by preventing potentially adversarial foreign governments from acquiring nearby real estate that could compromise national security interests.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/4454/all-info