To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.

United States116th CongressHR-5137House of Representatives
Updated: Nov 19, 2019

Summary

This bill modifies the authority of the General Services Administration to enter into building leases to accommodate federal agencies. Specifically, it allows any bargain-price option to purchase at less than fair market value contained in an agreement entered into on or after January 1, 2019, to be exercised only to the extent specifically provided for in subsequent Acts of Congress.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Referred to the House Committee on Transportation and Infrastructure.

    House of Representatives

  2. Introduced in House

  3. Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

    House of Representatives

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