by ADC | Jul 11, 2024 | Congress/DoD, Foreign Investment, On Base
The Committee on Foreign Investment in the United States (CFIUS) would review potential land purchases by foreigners near more than 50 additional military sites across 30 states, under a proposed Treasury Department rule published this week, as AP and The Hill...
by ADC | May 15, 2024 | Foreign Investment, In Our Communities, Military Families, On Base
President Biden signed an order to block a Chinese-backed cryptocurrency mining firm from owning land near Francis E. Warren Air Force Base, Wyoming, AP reported. The order was in coordination with the multi-agency Committee on Foreign Investment in the United States....
by ADC | Mar 26, 2024 | Congress/DoD, Defense Communities National Summit, Foreign Investment, On Base
The fiscal year 2024 defense spending bill signed into law over the weekend ordered further examination of foreign investors’ potential land purchases near military sites. Based on language attached to the spending bill, DOD now has six months to send Congress a...
by ADC | Jan 19, 2024 | Foreign Investment, In Our Communities, Installation Innovation, Mission Support/Community Partnerships, On Base
A group of tech billionaires want a Solano County ballot initiative allowing them “to build a city from scratch,” on land purchased near Travis Air Force Base, California, according to The Los Angeles Times. The secretive purchase had raised concerns that the...
by ADC | Jan 8, 2024 | Foreign Investment, In Our Communities, On Base
Missouri Gov. Mike Parson (R) signed an executive order banning foreign nationals from several countries from purchasing farm land near military installations in the state, as the Springfield News-Leader reported. “We believe this order… sufficiently protects...
by ADC | Dec 5, 2023 | Congress/DoD, Foreign Investment, Mission Support/Community Partnerships, On Base, REPI
You can register now for two DOD webinars Wednesday, Dec. 6: 1 p.m. Eastern: The Readiness and Environmental Protection Integration (REPI) Program and the Sentinel Landscapes Partnership are discussing cross-agency partnerships for innovative funding strategies,...
by ADC | Dec 5, 2023 | Congress/DoD, Foreign Investment, On Base
Journalist Vince Martellacci reported on Solano Together, a new organization opposing a company that has bought more than 50,000 acres of land around Travis Air Force Base, California. “Initially, government officials had national security concerns,” Martellacci...
by ADC | Nov 28, 2023 | Congress/DoD, Foreign Investment, On Base
The DOD Office of Intergovernmental Affairs is hosting a webinar next week on foreign investment near military installations. You can register now for the event, which takes place Dec. 6 at 4 p.m. Eastern time. The webinar will feature briefers from the departments of...
by ADC | Oct 3, 2023 | China, Congress/DoD, Foreign Investment, On Base
House Oversight and Accountability Committee Chair James Comer (R-Ky.) wants to look into reports that Chinese nationals have attempted to gain access to military installations, according to a press release. He and Rep. Glenn Grothman (R-Wis.), chair of the...
