[Congressional Record Volume 170, Number 115 (Thursday, July 11, 2024)]
[Senate]
[Page S4932]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2593. Mr. BENNET (for himself and Mr. Moran) submitted an
amendment intended to be proposed by him to the bill S. 4638, to
authorize appropriations for fiscal year 2025 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:
At the end of subtitle F of title XII, add the following:
SEC. 1291. MANDATORY DECLARATIONS OF CERTAIN REAL ESTATE
TRANSACTIONS TO COMMITTEE ON FOREIGN INVESTMENT
IN THE UNITED STATES.
Section 721(b)(1)(C)(v)(IV) of the Defense Production Act
of 1950 (50 U.S.C. 4565(b)(1)(C)(v)(IV)) is amended by adding
at the end the following:
``(hh) Required declarations for certain real estate
transactions.--
``(AA) In general.--The parties to a transaction described
in subitem (BB) shall submit a declaration described in
subclause (I) with respect to the transaction.
``(BB) Transactions described.--Any transaction described
in this subitem is a covered transaction described in
subsection (a)(4)(B)(ii) by a foreign person or a foreign
entity described in section 802.221 or 802.218, respectively,
of title 31, Code of Federal Regulations, that provides the
person or entity an interest, other than a security, in any
form of real estate (other than residential property) that is
located 50 miles or less from a military installation or
other facility or property of the United States Government
that is sensitive for reasons relating to national security
on the list set forth in Appendix A to part 802 of title 31,
Code of Federal Regulations (as of the date of the enactment
of the National Defense Authorization Act for Fiscal Year
2025).''.
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