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Federal Property Sale: Leavenworth Penitentiary Land Sold for Public Building Funds.

This law mandates the government to sell specific property in Missouri associated with the Leavenworth federal prison within two years. The net revenue generated from this sale, after covering necessary maintenance and preparation costs, will be deposited into a fund dedicated to future federal building projects. Crucially, the property cannot be sold to any foreign person or entity.
Key points
The government must sell federal land and buildings in Missouri at fair market value within two years.
Net proceeds will fund future public construction projects, potentially improving federal infrastructure efficiency.
The sale is strictly prohibited to any foreign individuals or entities, safeguarding national interests regarding federal property.
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Additional Information
Print number: 118_HR_9591
Sponsor: Rep. Graves, Sam [R-MO-6]
Process start date: 2024-09-16