1505-AC63 202004 Unified Agenda of Federal Regulatory and Deregulatory Actions 1505 Departmental Offices DO 1500 Department of the Treasury TREAS Provisions Pertaining to Certain Transactions by Foreign Persons Involving Real Estate in the United States

The final rule establishes regulations to implement the provisions relating to real estate transactions in section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment Risk Review Modernization Act of 2018. This rule sets forth the scope of, and process and procedures relating to, the national security review by the Committee on Foreign Investment in the United States of certain transactions involving the purchase or lease by, or concession to, a foreign person of certain real estate in the United States. The rule includes, as an interim rule, a new definition of the term "principal place of business," and the Department of the Treasury sought public comment on this definition.

]]> Economically Significant First Time Published in The Unified Agenda Final Rule Stage Yes No Not subject to, not significant 31 CFR 802 50 U.S.C. 4565 No NPRM 09/24/2019 84 FR 50214 NPRM Comment Period End 10/17/2019 Interim Final Rule 01/17/2020 85 FR 3158 Interim Final Rule Effective 02/13/2020 Interim Final Rule Comment Period End 02/18/2020 Final Rule 01/17/2020 85 FR 3158 Final Rule Effective 02/13/2020 Final Action 12/00/2020 No No None No No No No Meena Sharma 1505 Departmental Offices DO 202 622-3425 ois.outbound.regulations@treasury.gov 1500 Pennsylvania Avenue NW., Washington DC 20220