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Protecting Military Bases: New Rules for Foreign Real Estate Purchases.

This act aims to enhance national security by strictly controlling the purchase or lease of real estate near U.S. military installations and airspace. It targets entities connected to Russia, China, Iran, or North Korea to prevent espionage and threats to defense infrastructure. Citizens may experience an indirect benefit through strengthened national security.
Key points
Mandates review of real estate purchases or leases within 100 miles of military bases or 50 miles of military airspace.
Applies to foreign entities linked to the governments of Russia, China, Iran, or North Korea.
Halts approval of energy projects on such properties until security reviews are completed.
Requires informing Congress, including state senators and district representatives, about review outcomes.
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Additional Information
Print number: 117_HR_2728
Sponsor: Rep. Gonzales, Tony [R-TX-23]
Process start date: 2021-04-21