S.Amdt. 2593Senate118th Congress (2023-2025)
S.Amdt. 2593
Sponsored by
Sen. Michael F. Bennet (D-CO)
Submitted July 11, 2024
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Senate amendment submitted
July 11, 2024
Text
Submitted
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).''. ______