Strategic Assets Protection Act

This bill would require the Committee on Foreign Investment in the United States (CFIUS) to review all transactions completed on or after January 1, 2017, involving real estate, businesses, infrastructure, or assets located in, next to, or supporting U.S. nuclear triad facilities. These include missile sites, ballistic missile submarine bases, strategic bomber bases, weapons storage areas, nuclear command systems, and National Nuclear Security Administration facilities. The review would assess whether each transaction poses a national security risk and whether mitigation, reopening review, or a recommendation for presidential action is warranted. The Secretary of the Treasury would have to send a classified report on the findings to the Appropriations and Armed Services Committees of Congress within 180 days, with an unclassified summary where practicable.

Full text and official record on Congress.gov

Sponsors

• Mark Alford Republican sponsor
• 1 cosponsors