Protecting Public Lands: Enhanced Scrutiny of Adversarial Foreign Land Purchases.
This law aims to enhance national security by making it harder for adversarial foreign entities to purchase land near critical public areas, such as national parks and federal reserves. It adds the Secretary of the Interior to the Committee on Foreign Investment in the United States (CFIUS) to ensure land transactions are thoroughly reviewed. The new rules specifically target entities from China, Russia, North Korea, or Iran attempting to acquire land adjacent to federal sites.
Key points
The Secretary of the Interior is added to the Committee on Foreign Investment (CFIUS) to oversee land-related transactions.
Mandatory special review is established for land or resource acquisitions by entities linked to China, Russia, North Korea, and Iran.
New rules apply specifically to transactions involving land or resources adjacent to federally managed sites (e.g., National Parks, Bureau of Land Management areas).
Status:
Introduced
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