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PROTECT Act of 2025 (S. 1388)

Referred to Committee
Introduced 4/9/2025•119th Congress•Senate
Congress.gov

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

4/9/2025 • Senate

Summary

Providing Rigorous Oversight Through Evaluation of Concerning Transactions Act of 2025 or the PROTECT Act of 2025

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review certain real estate investments made by a foreign country of concern in the United States. The bill defines foreign country of concern as China, North Korea, Russia, Iran, or any other country determined to be a country of concern by the Department of State.

Specifically, CFIUS must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by a foreign country of concern. A party to any such investment must submit to CFIUS a declaration containing basic information regarding the transaction.

Introduced in Senate • 4/9/2025

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Topics & Subjects

Policy Area: Foreign Trade and International Finance

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (3)

Party Breakdown

1
Democrats
2
Republicans
0
Independents

Sponsor

S[
Sen. Moreno, Bernie [R-OH]

Republican • OH

Sponsored 4/9/2025

Cosponsors (2)

S[
Sen. Slotkin, Elissa [D-MI]

D-MI

Joined 4/9/2025

S[
Sen. Sheehy, Tim [R-MT]

R-MT

Joined 4/9/2025

Bill Journey

Originated in the Senate

Introduced

April 9, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate4/9/2025
Formatted TextPDFFormatted XML

Related Bills (1)

H.R. 4978

Secure Trade Act

RelatedView bill →

Committee

Banking, Housing, and Urban Affairs Committee

Senate

View committee →

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors2
View on Congress.gov

Sources and method

· Record updated Jun 11, 2026
  • Congress.govLibrary of Congress
    Status, actions, sponsors, cosponsors, committees and text
    Record updated Jun 11, 2026 · Loaded Nov 1, 2026, 6:10 AM ET
  • CRS bill summaryCongressional Research Service, via Congress.gov
    Official summary
    Summary of the “Introduced in Senate” version, Apr 9, 2025 · Loaded Nov 1, 2026, 6:10 AM ET
  • USAspending.govU.S. Department of the Treasury
    Related Federal Spending section
  • FEC filingsFederal Election Commission
    Funding & Lobbying section
  • Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the House
    Funding & Lobbying section

All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →

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