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RuleSignificant2023-176782023-08-23

Provisions Pertaining to Certain Transactions by Foreign Persons Involving Real Estate in the United States

Treasury Department, Investment Security Office

Abstract

This final rule adopts without change the proposed rule amending the definition of "military installation" and adding eight military installations to the appendix in the regulations of the Committee on Foreign Investment in the United States that implement the provisions relating to real estate transactions pursuant to the Defense Production Act of 1950, as amended. This rule also makes technical amendments in the form of name changes to five military installations.

Action & Dates

Action
Final rule.
Dates
This final rule is effective September 22, 2023.
Effective Date
2023-09-22

CFR References

Topics

Federal buildings and facilitiesGovernment propertyInvestigationsInvestment companiesInvestmentsLand salesNational defensePublic landsReal property acquisitionReporting and recordkeeping requirements

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of Investment Security 31 CFR Part 802 [Docket ID TREAS-DO-2023-0006] RIN 1505-AC82 AGENCY: Office of Investment Security, Department of the Treasury. ACTION: Final rule. SUMMARY: This final rule adopts without change the proposed rule amending the definition of “military installation” and adding eight military installations to the appendix in the regulations of the Committee on Foreign Investment in the United States that implement the provisions relating to real estate transactions pursuant to the Defense Production Act of 1950, as amended. This rule also makes technical amendments in the form of name changes to five military installations. DATES: This final rule is effective September 22, 2023. FOR FURTHER INFORMATION CONTACT: For questions about this rule, contact: Meena R. Sharma, Acting Director, Office of Investment Security Policy and International Relations, or James Harris, Senior Policy Advisor, at U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220; telephone: (202) 622-3425; email: CFIUS.FIRRMA@treasury.gov . SUPPLEMENTARY INFORMATION: I. Background A. Proposed Definition of Military Installation and Appendix A On May 5, 2023, the U.S. Department of the Treasury (Treasury Department) published in the Federal Register a proposed rule ( 88 FR 29003 ) amending the definition of “military installation” and adding eight military installations to the list at appendix A of the regul

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Full Document

Citation: 88 FR 57348