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.

Increased oversight of sensitive locations: The bill requires an annual review of facilities and property deemed sensitive for national security (Section 1(b)(4)(A)). This ensures that the list of sensitive sites remains current and accurate.

Improved transparency regarding investigations: The Committee is required to provide a list of all notices, declarations, and completed reviews or investigations of covered transactions involving sensitive government property (Section 1(b)(2)(L)).

Enhanced intelligence sharing with Congress: The chairperson is required to provide classified briefings to specific Members of Congress and their cleared staff upon request regarding the identified list of sensitive sites (Section 1(b)(2)(M)).