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 amends the Defense Production Act of 1950 to require the Committee on Foreign Investment in the United States (CFIUS) to establish and maintain a list of U.S. government facilities and property deemed sensitive for national security reasons . This list is crucial for CFIUS's review of real estate transactions , ensuring that foreign investments near critical sites are properly scrutinized. The legislation specifies that such a list may include facilities of the intelligence community and National Laboratories. Furthermore, the bill mandates that each member agency of CFIUS annually review its relevant facilities and property on this sensitive sites list and submit recommended updates to the chairperson. CFIUS must then include in its annual report a certification that the list has been updated, along with details of all relevant real estate transaction reviews. It also provides for classified briefings to Members of Congress upon request regarding the identified national security sensitive sites.