Protecting Military Installations and Ranges Act of 2023

This bill expands the Committee on Foreign Investment in the United States (CFIUS) review process to cover foreign purchases or leases of real estate near military sites. It specifically requires CFIUS review for transactions involving property within 100 miles of military installations or 50 miles of military training routes, special use airspace, controlled firing areas, or military operations areas - particularly when the foreign buyer is linked to Russia, China, Iran, or North Korea. The bill also links energy project approvals to CFIUS reviews, requiring the Defense Secretary to delay project reviews until CFIUS concludes its assessment of related real estate transactions. This directly affects foreign entities seeking to acquire property near military infrastructure and federal agencies managing energy project permits.