Treasury Sets Comment Deadline for Expansion of CFIUS Covered Military Bases

Public comments are due Aug. 19 on a Treasury Department proposed rule that would add 59 military bases across 30 states to the jurisdiction of the Committee on Foreign Investment in the U.S. The rule, which Treasury previewed earlier this month (see 2407090003) but was officially published in the Federal Register July 19, also proposed to increase the scope of transactions CFIUS can examine for land purchases near eight other military bases, amend the definition of “military installation” and make other technical changes to the list of bases.