Selling and Leasing Inactive Federal Buildings
This act mandates the sale or long-term lease of six specific federal buildings in Washington, D.C., and allows for the disposal of additional underutilized properties. The proceeds are to be used for relocation costs and deficit reduction, while the disposal process is exempted from certain requirements regarding homeless assistance and environmental review.
Key points
The government will sell or lease six major federal buildings in Washington, D.C., and can dispose of up to 20 more properties annually if utilization falls below 60%.
Proceeds from sales or leases will first cover federal agency relocation costs, with any remaining funds going towards reducing the deficit.
Foreign entities are prohibited from purchasing or leasing these federal properties.
The disposal process will be exempt from certain requirements, meaning these buildings will not be subject to the McKinney-Vento Homeless Assistance Act, and their sale will not require standard environmental or historic preservation assessments (with specific exceptions for additional buildings).
Actions taken by the Administrator regarding the sale and lease of these buildings cannot be challenged in court.
Status:
Introduced
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