Sen. Britt Sponsors Legislation to Limit Foreign Investment in Land Near Military Bases

Sen. Britt sponsors legislation to limit foreign investment in land near military bases

Sen. Katie Britt, R-Alabama, recently joined Senate Banking Committee Chairman Tim Scott, R-South Carolina, and several other Senate Republicans in introducing the “Protect Our Bases Act.” The legislation would “require the Committee on Foreign Investment in the United States [CFIUS] to annually review, update, and report on the facilities and property of the United States Government determined to be national security sensitive.” The bill appear…

Senators Unite To Crack Down On Suspicious Chinese Ownership Of Farmland Near Military Bases - The American Tribune.com

Forging an unexpected alliance, Senators Pete Ricketts (R-NE) and John Fetterman (D-PA) have introduced the bipartisan Agricultural Foreign Investment Disclosure (AFIDA) Improvements Act to strengthen oversight of foreign purchases of U.S. farmland, with an eye towards China, amid rising national security concerns. For context, the farsighted bill is based on Government Accountability Office (GAO) recommendations, empowering USDA monitoring and …

Senate bill targets Chinese land buys near military bases

Senate Republicans have rolled out legislation to slam the door on foreign entities—particularly those tied to the Chinese Communist Party—from snapping up land near sensitive U.S. bases. The news centers on the "Protect Our Bases Act," a bill introduced by Senate Banking Committee Republicans to tighten oversight of foreign real estate deals near critical national security sites. As reported by Newsmax, this push comes after a glaring loophole …