Keeping Public Lands Out of Adversarial Hands Act
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Summary
The bill amends the Defense Production Act to make the Secretary of the Interior a member of the Committee on Foreign Investment in the United States whenever a transaction involves land or resources next to lands managed by federal agencies such as the BLM, National Park Service, or Fish and Wildlife Service. It obligates the Committee to decide if a purchase by China, North Korea, Russia or Iran is a "covered transaction" and whether a formal review should be started. The requirements end if any of those countries are removed from the U.S. foreign‑adversary list.
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