Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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.
The SOIL Act of 2025 amends the Defense Production Act to prohibit China, Iran, North Korea, Russia, and entities controlled by these governments from purchasing, leasing, or obtaining concessions on property within 10 miles of sensitive U.S. locations. Sensitive sites include military installations, airports, seaports, other government facilities important to national security, and properties that could enable foreign intelligence collection or surveillance of such facilities. The bill applies to any property transactions completed on or after the law's enactment and requires the Committee on Foreign Investment in the United States (CFIUS) to notify Congress of any violations or attempted violations. The legislation does not allocate specific funding but uses existing review mechanisms to enforce the restrictions. This measure primarily affects foreign nationals and companies from these four countries seeking to acquire or lease property near strategic U.S. infrastructure.
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