U.S. to expand control of land sales to foreigners near military sites

By Fatima Hussein | The Associated Press (via Air Force Times)

The U.S. wants to expand a Treasury committee’s jurisdiction to review land sales near U.S. military sites where foreigners are the buyers.

New Treasury rulemaking would expand the U.S. Committee on Foreign Investment in the United States’ powers to review land sales near 56 additional military sites, bringing the overall number to 227 military sites.

Additional sites include Naval Air Station Corpus Christi in Texas, Marine Corps Logistics Base Barstow in California, Cannon Air Force Base in New Mexico, and Fort Novosel in Alabama, along with other locations, according to the proposed rule.

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