So, for example, last year, CFIUS reviewed a controversial purchase of 370 acres near a North Dakota Air Force base by a chinese company, and CFIUS found that it didn't have jurisdiction because the land was 12 miles out from the base. and the base sensitivity was too low to provide jurisdiction 12 miles out. I've introduced legislation called the Protecting military Installation and Ranges act that would expand CFIUS jurisdiction for real estate investments by foreign persons out to 100 miles from any military installation. (15:07–15:14)
CLAIM
Asserts that CFIUS lacked jurisdiction over a land purchase 12 miles from a base.
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