To amend the Organic Act of Guam to provide an exception to the "public purpose" requirement for certain land transfers in the case of a transfer restoring such land to the original landowner or heirs, and for other purposes.

This bill amends the Organic Act of Guam to provide an exception to the "public purpose" requirement for specific land transfers. It allows the Government of Guam to transfer excess real property to original landowners or their heirs without the typical public use stipulation, aiming to restore historical ownership. The legislation requires the Government of Guam to establish a process for these transfers within 180 days and report it to relevant congressional committees. Additionally, any sale of such restored property by the individual recipient to a foreign person , other than an heir, will automatically trigger a national security review by the Committee on Foreign Investment in the United States (CFIUS).