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.

This bill tightens how the U.S. screens real estate deals near sensitive federal sites. It tells a federal review group to create and keep an official list of government facilities that matter for national security. The list can include intelligence facilities and National Labs. Agencies must check the list every year, suggest updates, and report back. The reviewers must also report how many real estate cases they handled involving these sites, and they can brief certain members of Congress in a classified setting when asked .

For people and communities, this means land purchases near sensitive sites—especially by foreign buyers—are more likely to face review and possible delays. Federal agencies will update the list by January 31 each year, so areas near newly added sites could see more scrutiny over time .

• Who is affected | What changes | When
• Home buyers and sellers near sensitive federal sites; foreign investors; local communities | More screening of real estate deals tied to listed sites; yearly updates to which sites are considered sensitive; added reporting to track these cases | Annual agency reviews due by January 31; ongoing reports and briefings after that