A bill to require the Committee on Foreign Investment in the United States to annually review, update, and report on the facilities and property of the United States Government determined to be national security sensitive for purposes of review of real estate transactions under section 721 of the Defense Production Act of 1950.

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to maintain and annually update a list of U.S. government facilities and property considered sensitive for national security - such as intelligence sites and National Laboratories. It mandates that each CFIUS committee member review their agency’s properties on this list each year by January 31 and submit recommended updates to the chairperson after agency approval. The committee must also report annually on all real estate transactions reviewed under this list, including completed reviews and any classified briefings requested by Congress. This formalizes an existing process into a structured annual requirement, directly affecting federal agencies and CFIUS oversight of foreign investments involving sensitive government sites.