Protect Our Bases Act of 2023

This bill expands the scope of national security reviews for real estate transactions involving foreign investors. It requires the Committee on Foreign Investment in the United States (CFIUS) to treat intelligence community sites and National Laboratories (as defined in the Energy Policy Act of 2005) as sensitive U.S. government property for review purposes. The bill mandates annual reports to Congress on CFIUS activities related to these sensitive sites and requires yearly reviews of the official list of such sites to ensure it remains current. These changes directly affect foreign buyers of real estate near national security facilities and streamline oversight for the government.