S. 1388: PROTECT Act of 2025
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-04-09 |
| Sponsor | Sen. Moreno, Bernie [R-OH] |
| Policy area | Foreign Trade and International Finance |
| Cosponsors | 2 |
| Latest action | 2025-04-09 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-06-11 |
Summary
Official summary (Introduced in Senate, 2025-04-09):
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.
Cosponsors (2)
| Name | Party / state |
|---|---|
| Elissa Slotkin | D MI (original cosponsor) 2025-04-09 |
| Tim Sheehy | R MT (original cosponsor) 2025-04-09 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1388 are published by Congress on congress.gov.
View S. 1388 on congress.gov →
Frequently asked questions
What is S. 1388?
S. 1388 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: PROTECT Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1388 are available on congress.gov.
Bill data: congress.gov API (official congressional records).