Sec. 3. Report on public or private real estate purchasing activities in the United States by foreign entities of concern
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Not later than 180 days after the date of enactment of this Act, and annually thereafter, the Director, in coordination with the Secretary of Homeland Security and the head of any other appropriate Federal agency, shall submit to the appropriate congressional committees a report containing a description of the national security risks of the purchase, ownership, or lease of public or private real estate by a foreign entity of concern. Each report submitted under paragraph
(1)shall include, with respect to the year covered by the report, the following: A list of all real estate in the United States described in clause
(vi)of section 721(a)(4)(B) of the Defense Production Act of 1950, as added by this Act. An analysis of the potential use of real estate for industrial espionage or intellectual property transfer by a foreign entity of concern. An analysis of the potential use by a foreign entity of concern of real estate in close proximity to manufacturing facilities, water sources, and other critical infrastructure to monitor, interrupt, or disrupt activities critical to the national and economic security of the United States. An analysis of other threats to the economic security or national security of the United States due to the ownership, including ownership in the aggregate, of real estate by a foreign entity of concern. Each report submitted under this subsection shall— be submitted in unclassified form, but may include a classified annex; and be consistent with the protection of intelligence sources and methods. Upon submitting a report under paragraph (1), the Director shall make publicly available the information included in such report under paragraph (2)(A). In this section: The term appropriate congressional committees means— the Committee on Energy and Commerce of the House of Representatives, the Committee on Homeland Security of the House of Representatives, and the Permanent Select Committee on Intelligence of the House of Representatives; and the Committee on Environment and Public Works, the Committee on Homeland Security and Governmental Affairs of the Senate, and the Select Committee on Intelligence of the Senate. The term foreign entity of concern has the meaning given that term in section 9901 of the William M.
(Mac)Thornberry National Defense Authorization Act for Fiscal Year 2021 ( 15 U.S.C. 4651 ). The term Director means the Director of National Intelligence. The term State has the meaning given such term in section 101 of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9601 ).
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Sec. 3
Report on public or private real estate purchasing activities in the United States by foreign entities of concern
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