A group of Republican senators, led by Sen. Ted Cruz of Texas, introduced a bill Thursday that would bar foreign adversaries from purchasing land near U.S. military bases and training areas.
The Protecting Military Installations and Ranges Act would expand the jurisdiction of the Committee on Foreign Investment in the U.S. to include real estate investments in the U.S. by entities linked to China, Russia, Iran, or North Korea, if they are located within 100 miles of a military installation or 50 miles of a military training route, special use airspace, controlled firing area, or military operations area.
“Foreign adversaries are exploiting loopholes to acquire land near our military bases and training routes, jeopardizing the safety of our troops and the integrity of our operations,” Cruz said in a news release.
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