Keeping Public Lands Out of Adversarial Hands Act

Summary

Adds the Secretary of the Interior to the Committee on Foreign Investment in the United States (CFIUS) for certain land- and resource-related transactions tied to six Interior bureaus, and requires CFIUS to consider notifications from the Interior Secretary about purchases or interests in land or resources by persons from four named foreign adversary countries. The change gives Interior a formal role in deciding whether to review or act on transactions near or involving federal lands and resources managed by those bureaus, using existing CFIUS authorities; there is no new funding or new federal spending in the text.

• Adds the Secretary of the Interior to CFIUS for transactions involving land/resources tied to six Interior bureaus.
• Requires CFIUS to consider notifications from Interior about acquisitions by entities from China, DPRK, Russia, or Iran.
• Directs CFIUS to decide whether notified transactions are covered and whether to initiate existing national-security reviews or other actions.
• Notification/consideration obligations for each country end if that country is removed from the federal foreign-adversary list in regulation.
• Applies only to transactions adjacent to or managed by the six named Interior bureaus, not to all foreign investments.
• Does not create new spending or appropriate funds; it modifies membership and notification procedures within existing law.
• Relies on existing CFIUS authorities and processes for review, mitigation, or blocking of covered transactions.
• Increases Interior's formal role in national security review of land and resource acquisitions by certain foreign persons.
• May slow or add administrative steps to some land/resource transactions near federal lands, especially those involving the listed countries.