Sponsors (7)
The bill strengthens protection of U.S. military personnel and critical infrastructure by banning property purchases by certain foreign countries near sensitive sites, but it risks reducing foreign investment and property values locally, creating regulatory uncertainty, and provoking diplomatic or economic retaliation.
Military personnel and national-security operations are better protected because covered foreign countries are barred from acquiring property within 10 miles of sensitive sites, reducing risk of foreign surveillance.
Critical infrastructure (e.g., ports, key facilities) is protected from potential foreign intelligence collection by blocking acquisitions near those sites.
Local and state governments gain an additional oversight mechanism because the Committee must notify Congress if it identifies violations or attempts, creating another check on risky acquisitions.
American exporters, travelers, and firms could face diplomatic or economic retaliation from targeted countries, harming trade and travel.
The ban could deter legitimate foreign investment (e.g., port operations, concessions), complicating commercial projects and reducing capital inflows that support local economies.
Homeowners and private property owners near designated sensitive sites may see reduced buyer demand and lower property values because buyers from covered countries are barred.
Based on analysis of 2 sections of legislative text.
Prohibits China, Iran, North Korea, Russia, and entities they control or act on behalf of from buying, leasing, or obtaining concessions on property located within 10 miles of certain "sensitive sites" in the United States, such as air or maritime ports and U.S. military installations. The change is added to the Defense Production Act framework and applies to transactions made on or after the law's enactment; the Committee referenced in the statute must notify Congress if it finds a violation or attempted violation.
Introduced July 16, 2025 by Darrell Issa · Last progress July 16, 2025