Require the Committee on Foreign Investment in the United States to annually review, update, and report on the facilities and property of the United States Government determined to be national security sensitive for purposes of review of real estate transactions under section 721 of the Defense Production Act of 1950.

Summary

Amends the Defense Production Act to let CFIUS create and maintain, by regulation, a list of U.S. government facilities and property that are sensitive for national security reasons, including certain intelligence community sites and National Laboratories. The bill also creates annual review and reporting duties: CFIUS must include activity related to those sites in its reports and each CFIUS member agency must annually review and recommend updates for facilities of its agency that appear on the list. The amendments require a certification that the list was reviewed, permit classified briefings for Members of Congress on request, and require each agency-level review to be approved at the Assistant Secretary (or equivalent) level before submission to the CFIUS chair.

• Authorizes CFIUS to create a regulatory list of U.S. government facilities and property deemed sensitive for national security.
• Specifically allows inclusion of certain intelligence community facilities and National Laboratories on the list.
• Requires CFIUS to report notices/declarations and completed reviews/investigations linked to those sensitive sites in its periodic reports.
• Mandates an annual certification that the CFIUS site list reflects consideration of recommended updates.
• Requires each CFIUS member agency to annually review listed facilities of its agency and submit recommended updates by Jan 31.
• Agency reviews must be approved at the Assistant Secretary (or equivalent) level before submission to the CFIUS chair.
• Chair must provide classified briefings on the list to Members of Congress and cleared staff upon request.
• Imposes recurring administrative duties on federal agencies but does not, in the provided text, appropriate new funds or alter CFIUS substantive review criteria.