Creates provisions relating to foreign ownership of real estate near military installations

SB 947 would establish new rules governing foreign ownership of real estate near military installations. It directly affects foreign individuals or entities seeking to purchase or hold property within specified distances of military bases. The bill creates provisions requiring disclosure or review of such ownership, though specific mechanisms (like notification requirements or approval processes) are not detailed in the available abstract. As a newly prefaced bill (2025-12-01) referred to committee, no concrete policy changes have been enacted yet.