Biden Proposes Rule on Foreign Land Purchases Near Military Bases

The Biden administration recently published a proposal to expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS). . .

land - aerial - Lindsey Pound
land - aerial - Lindsey Pound
(Lindsey Pound)

The Biden administration recently published a proposal to expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to include foreign acquisitions of real estate within 100 miles of additional U.S. military bases. Sen. John Hoeven (R-N.D.) issued a statement supporting the Biden administration’s proposal to expand CFIUS jurisdiction.

Military installations covered by the proposed rule include:

  • Air Force Plant 42, Palmdale, California
  • Dyess Air Force Base, Abilene, Texas
  • Ellsworth Air Force Base, Box Elder, South Dakota
  • Grand Forks Air Force Base, Grand Forks, North Dakota
  • Iowa National Guard Joint Force Headquarters, Des Moines, Iowa
  • Lackland Air Force Base, San Antonio, Texas
  • Laughlin Air Force Base, Del Rio, Texas
  • Luke Air Force Base, Glendale, Arizona
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