,i #aafth ,,congress #ast ,session ,h4 ,r4 #cib ,,in ,,the ,,house ,,of ,,representatives ,january #i1 #bjai,mr4 ,lynch 7for himself and ,mr4 ,king of ,new ,york7 introduced the following bill2 which was referred to the ,committee on ,transportation and ,infrastructure ,a ,,bill ,to require the disclosure of beneficial ownership by a foreign person of high-security space leased to accommodate a ,federal agency1 and for other purposes4 #a4 ,short title2 findings 7a7 ,short title ,this ,act may be cited as the ,secure ,government ,buildings from ,espionage ,act of #bjai4 7b7 ,findings ,congress finds that-- 7#a7 the ,government ,accountability ,office has reported that the ,federal ,government often leases high-security space from private sector landlords2 7#b7 the ,general ,services ,administration and other ,federal agencies with leasing authority are not currently required to collect beneficial ownership information and therefore do not know if foreign owners have a stake in the buildings leased by the agencies1 even when the leased space is used for classified operations or to store sensitive data2 and 7#c7 according to a report of the ,government ,accountability ,office1 dated ,january #bjag1 that examined the risks of foreign ownership of ,government-leased real estate1 leasing space in foreign-owned buildings could present security risks such as espionage and unauthorized cyber and physical access4 #b4 ,disclosure of beneficial ownership by foreign persons of high-security space leased for ,federal agencies 7a7 ,in general ,before entering into a lease agreement with a covered entity for the accommodation of a ,federal agency in a building 7or other improvement7 that will be used for high-security leased space1 a ,federal lessee shall require the covered entity to-- 7#a7 identify each beneficial owner of the covered entity by-- 7,a7 name2 7,b7 current residential or business street address2 and 7,c7 a unique identifying number from a nonexpired passport issued by the ,united ,states or a nonexpired drivers license issued by a ,state2 7#b7 disclose to the ,federal lessee any beneficial owner of the covered entity that is a foreign person2 and 7#c7 if the ,federal lessee is assigning the building 7or other improvement7 to a ,federal tenant1 notify the ,federal tenant of any disclosure made under paragraph 7#b74 7b7 ,timing 7#a7 ,in general ,a ,federal lessee shall require a covered entity to provide the information described in subsections 7a77#a7 and 7a77#b7 when first submitting a proposal in response to a solicitation for offers issued by the ,federal lessee4 7#b7 ,updates ,a ,federal lessee shall require a covered entity to update a submission of the information described in subsections 7a77#a7 and 7a77#b7 not later than #fj days after the date of any change in-- 7,a7 the list of beneficial owners of the covered entity2 or 7,b7 the information required to be provided relating to each such beneficial owner4 7c7 ,definitions ,in this section1 the following definitions apply3 7#a7 ,beneficial owner 7,a7 ,in general ,the term beneficial owner means1 with respect to a covered entity1 each natural person who1 directly or indirectly-- 7i7 exercises control over the covered entity through ownership interests1 voting rights1 agreements1 or otherwise2 or 7ii7 has an interest in or receives substantial economic benefits from the assets of the covered entity4 7,b7 ,exceptions ,the term beneficial owner does not include1 with respect to a covered entity-- 7i7 a minor child2 7ii7 a person acting as a nominee1 intermediary1 custodian1 or agent on behalf of another person2 7iii7 a person acting solely as an employee of the covered entity and whose control over or economic benefits from the covered entity derives solely from the employment status of the person2 7iv7 a person whose only interest in the covered entity is through a right of inheritance1 unless the person also meets the requirements of subparagraph 7,a72 or 7v7 a creditor of the covered entity1 unless the creditor also meets the requirements of subparagraph 7,a74 7,c7 ,anti-abuse rule ,the exceptions under subparagraph 7,b7 shall not apply if used for the purpose of evading1 circumventing1 or abusing the requirements of this section4 7#b7 ,covered entity ,the term covered entity means a person1 copartnership1 corporation1 or other public or private entity4 7#c7 ,executive agency ,the term ,executive agency has the meaning given the term under section #aje of title #e1 ,united ,states ,code4 7#d7 ,federal agency ,the term ,federal agency means any ,executive agency or any establishment in the legislative or judicial branch of the ,government4 7#e7 ,federal lessee ,the term ,federal lessee means the ,administrator of ,general ,services1 the ,architect of the ,capitol1 or the head of any ,federal agency1 other than the ,department of ,defense1 that has independent statutory leasing authority4 7#f7 ,foreign person ,the term foreign person means an individual who is not a ,united ,states person or an alien lawfully admitted for permanent residence into the ,united ,states4 7#g7 ,high-security leased space ,the term high-security leased space means a space leased by a ,federal lessee that-- 7,a7 will be occupied by ,federal employees for nonmilitary activities2 and 7,b7 has a facility security level of ,,iii1 ,,iv1 or ,v1 as determined by the ,interagency ,security ,committee4 7#h7 ,united ,states person ,the term ,united ,states person means a natural person who is a citizen of the ,united ,states or who owes permanent allegiance to the ,united ,states4