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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.

USA116th CongressHR-5137| House 
| Updated: 11/19/2019
Greg Pence

Greg Pence

Republican Representative

Indiana

Cosponsors (1)
Mark Meadows (Republican)

Transportation and Infrastructure Committee, Economic Development, Public Buildings, and Emergency Management Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Nov 18, 2019

Latest Companion Bill Action

S 116-2888
Introduced in Senate
Nov 18, 2019
Introduced in House
Nov 18, 2019
Referred to the House Committee on Transportation and Infrastructure.
Nov 19, 2019
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  • November 18, 2019

    Latest Companion Bill Action

    S 116-2888
    Introduced in Senate


  • November 18, 2019
    Introduced in House


  • November 18, 2019
    Referred to the House Committee on Transportation and Infrastructure.


  • November 19, 2019
    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Government Operations and Politics

Related Bills

  • S 116-2888: A bill 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.
Government buildings, facilities, and propertyPublic contracts and procurement

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.

USA116th CongressHR-5137| House 
| Updated: 11/19/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 18, 2019

Latest Companion Bill Action

S 116-2888
Introduced in Senate
Nov 18, 2019
Introduced in House
Nov 18, 2019
Referred to the House Committee on Transportation and Infrastructure.
Nov 19, 2019
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  • November 18, 2019

    Latest Companion Bill Action

    S 116-2888
    Introduced in Senate


  • November 18, 2019
    Introduced in House


  • November 18, 2019
    Referred to the House Committee on Transportation and Infrastructure.


  • November 19, 2019
    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Greg Pence

Greg Pence

Republican Representative

Indiana

Cosponsors (1)
Mark Meadows (Republican)

Transportation and Infrastructure Committee, Economic Development, Public Buildings, and Emergency Management Subcommittee

Government Operations and Politics

Related Bills

  • S 116-2888: A bill 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.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government buildings, facilities, and propertyPublic contracts and procurement