Sec. 3. Review by Committee on Foreign Investment in the United States of real estate transactions near military installations
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Section 721(a)(4)(B) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(a)(4)(B) ), as amended by section 2, is amended by adding at the end the following: Any acquisition or transfer of an interest, other than a security, in any form of real estate that is located not more than 50 miles from a military installation (as that term is defined in section 2801(c)(4) of title 10, United States Code) other than residential property held by a person that is a national of, or is organized under the laws or otherwise subject to the jurisdiction of, a country— designated as a nonmarket economy country pursuant to section 771(18) of the Tariff Act of 1930 ( 19 U.S.C. 1677(18) ); or identified as a country that poses as risk to the national security of the United States in the most recent annual report on worldwide threats issued by the Director of National Intelligence pursuant to section 108B of the National Security Act of 1947 ( 50 U.S.C. 3043b )(commonly known as the Annual Threat Assessment ). .
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Sec. 3
Review by Committee on Foreign Investment in the United States of real estate transactions near military installations
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