Sponsors (7)
The bill strengthens protection of military, port, and supply-chain sites by banning certain adversary-country property transactions nearby, at the cost of reduced local real-estate demand, potential deterrence of legitimate investment, diplomatic friction, and added administrative burdens.
Local communities, federal facilities, and critical infrastructure near military bases and ports will face reduced risk of foreign intelligence collection and diminished leverage by adversary state-controlled entities because purchases or leases by specified adversary countries within 10 miles would be barred.
Congress (and therefore taxpayers) will receive prompt notifications when potential violations are identified, improving legislative oversight and enabling faster enforcement or policy responses.
Homeowners and local governments near designated sites could see reduced market demand and lower property values because a class of foreign buyers would be barred from purchases or leases.
Small businesses and state/local governments may face complications and lost investment because the prohibition and broad/ discretionary definitions of 'sensitive' could deter legitimate commercial transactions and non-state foreign investment.
U.S. investors and taxpayers could face retaliatory measures or strained diplomatic relations because targeting specific countries may escalate tensions and invite reciprocal restrictions on U.S. investments abroad.
Based on analysis of 2 sections of legislative text.
Bars China, Iran, North Korea, Russia and entities they control from buying, leasing, or getting concessions on property within 10 miles of designated sensitive U.S. sites and requires congressional notification of violations.
Prohibits China, Iran, North Korea, Russia, and entities they control or act on behalf of from purchasing, leasing, or obtaining concessions in U.S. property located within 10 miles of certain defined sensitive sites. It directs the Defense Production Act review committee to identify such transactions, notify Congress promptly of identified or attempted violations, and applies immediately to transactions on or after enactment. Defines “sensitive sites” to include air and maritime ports, U.S. military installations, other federal facilities the committee designates for national security reasons, and any property the committee determines could enable intelligence collection or foreign surveillance of those installations or facilities.
Introduced July 16, 2025 by Darrell Issa · Last progress July 16, 2025