Review by Committee on Foreign Investment in the United States of real estate purchases or leases near military installations or military airspace

(a) Inclusion in definition of covered transaction Section 721(a)(4) of the Defense Production Act of 1950 (50 U.S.C. 4565(a)(4)) is amended— (1) in subparagraph (A)— (A) in clause (i), by striking; and and inserting a semicolon; (B) in clause (ii), by striking the period at the end and inserting; and; and (C) by adding at the end the following: (iii) any transaction described in subparagraph (B)(vi) that is proposed, pending, or completed on or after the date of the enactment of the Protecting Military Installations and Ranges Act of 2025.; and (2) in subparagraph (B), by adding at the end the following: (vi) Notwithstanding clause (ii) or subparagraph (C), the purchase or lease by, or a concession to, a foreign person of private or public real estate— (I) that is located in the United States and within— (aa) 100 miles of a military installation (as defined in section 2801(c)(4) of title 10, United States Code); or (bb) 50 miles of— (AA) a military training route (as defined in section 183a(h) of title 10, United States Code); (BB) airspace designated as special use airspace under part 73 of title 14, Code of Federal Regulations (or a successor regulation), and managed by the Department of Defense; (CC) a controlled firing area (as defined in section 1.1 of title 14, Code of Federal Regulations (or a successor regulation)) used by the Department of Defense; or (DD) a military operations area (as defined in section 1.1 of title 14, Code of Federal Regulations (or a successor regulation)); and (II) if the foreign person is owned or controlled by, is acting for or on behalf of, or receives subsidies from— (aa) the Government of the Russian Federation; (bb) the Government of the People's Republic of China; (cc) the Government of the Islamic Republic of Iran; or (dd) the Government of the Democratic People's Republic of Korea.. (b) Mandatory unilateral initiation of reviews Section 721(b)(1)(D) of the Defense Production Act of 1950 (50 U.S.C. 4565(b)(1)(D)) is amended— (1) in clause (iii), by redesignating subclauses (I), (II), and (III) as items (aa), (bb), and (cc), respectively, and by moving such items, as so redesignated, 2 ems to the right; (2) by redesignating clauses (i), (ii), and (iii) as subclauses (I), (II), and (III), respectively, and by moving such subclauses, as so redesignated, 2 ems to the right; (3) by striking Subject to and inserting the following: (i) In general Subject to; and (4) by adding at the end the following: (ii) Mandatory unilateral initiation of certain transactions The Committee shall initiate a review under subparagraph (A) of a covered transaction described in subsection (a)(4)(B)(vi).. (c) Certifications to Congress Section 721(b)(3)(C)(iii) of the Defense Production Act of 1950 (50 U.S.C. 4565(b)(3)(C)(iii)) is amended— (1) in subclause (IV), by striking; and and inserting a semicolon; (2) in subclause (V), by striking the period at the end and inserting; and; and (3) by adding at the end the following: (VI) with respect to covered transactions described in subsection (a)(4)(B)(vi), to the Members of the Senate from the State in which the military installation, military training route, special use airspace, controlled firing area, or military operations area is located, and the Member of the House of Representatives from the Congressional District in which such installation, route, airspace, or area is located..