Sponsors (13)
The bill strengthens national-security and environmental review of foreign acquisitions of U.S. land and resources—reducing the risk of harmful transfers—at the cost of added regulatory burdens, potential perceptions of discrimination against four countries, and higher administrative costs and delays.
Federal agencies and the American public gain increased protection because CFIUS and Interior would have authority to review and block land or resource acquisitions by nationals of China, Russia, Iran, and North Korea that could threaten U.S. national security.
State and local governments and rural communities benefit from better environmental, cultural, and resource risk assessment because Interior bureaus (BLM, NPS, BOEM, Reclamation, BIA, FWS) are explicitly included in reviews of foreign investments in land and resources.
Owners and prospective buyers of U.S. land and resource interests (including local governments) will face increased regulatory scrutiny and potential delays when transactions involve nationals of the specified countries, raising transaction costs and slowing deals.
Foreign nationals from only four countries (China, Russia, Iran, North Korea) are singled out, which could be viewed as discriminatory, harm diplomatic relations, provoke reciprocal measures, and impose targeted compliance burdens on those transactions.
Taxpayers and federal agencies could face higher administrative costs and slower processing because expanding CFIUS membership and workload increases review complexity and resource needs.
Based on analysis of 2 sections of legislative text.
Requires Interior to participate in CFIUS reviews and lets Interior notify CFIUS about certain land/resource transactions by nationals of China, DPRK, Russia, or Iran for possible review.
Official title: To amend the Defense Production Act of 1950 to include the Secretary of the Interior on the Committee on Foreign Investment in the United States, and for other purposes.
Introduced January 14, 2026 by Daniel Milton Newhouse · Last progress January 14, 2026
Adds the Secretary of the Interior to CFIUS review for certain transactions involving land or resources managed by six Interior bureaus and requires CFIUS to consider notifications from Interior about acquisitions by nationals of four named adversary countries. The change makes CFIUS reviewable transactions touching Bureau of Land Management, Bureau of Reclamation, Bureau of Indian Affairs, BOEM, National Park Service, and U.S. Fish and Wildlife Service lands or resources, and creates a notification/consideration process for transactions involving China, North Korea, Russia, and Iran (with the requirement tied to the federal list of foreign adversaries).