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Protecting Military Bases: Mandatory Review of Land Purchases by Hostile Nations.

This law mandates federal review of real estate purchases or leases near U.S. military installations or airspace. The review applies only to investors connected to the governments of Russia, China, Iran, or North Korea. The goal is to shield strategic military assets from espionage and national security threats, indirectly enhancing overall public safety.
Key points
Mandatory federal review (CFIUS) of land purchases within 100 miles of military bases by entities linked to four specified foreign governments.
Increased national security by blocking real estate investments that could compromise military operations or facilitate espionage.
Energy projects planned on land under such review must be halted, and potentially blocked, if the transaction is deemed a national security risk.
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Additional Information
Print number: 118_HR_917
Sponsor: Rep. Gonzales, Tony [R-TX-23]
Process start date: 2023-02-09