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US HB7673
Bill
Status
2/25/2026
Primary Sponsor
James Moylan
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AI Summary
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Amends the Organic Act of Guam to waive the "public purpose" requirement for transfers of excess federal real property when the Government of Guam will restore that land to original landowners or their heirs.
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Requires the Government of Guam to establish a process for transferring this excess property within 180 days of enactment and submit a report describing the process to the House Natural Resources Committee and Senate Energy and Natural Resources Committee.
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Designates any subsequent sale of restored property by recipients to foreign persons (excluding heirs of the original landowner) as a covered transaction under the Defense Production Act, triggering mandatory review by the Committee on Foreign Investment in the United States (CFIUS).
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Introduced February 25, 2026 by Rep. Moylan and referred to committees on Natural Resources, Financial Services, Foreign Affairs, and Energy and Commerce.
Legislative Description
To amend the Organic Act of Guam to provide an exception to the "public purpose" requirement for certain land transfers in the case of a transfer restoring such land to the original landowner or heirs, and for other purposes.
Last Action
Referred to the Committee on Natural Resources, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2/25/2026