To require congressional approval before the sale, disposal, declaration of excess or surplus, transfer, or conveyance of Federal property with historical significance, and for other purposes.

This bill establishes a requirement for congressional approval before any federal official can sell, dispose of, declare excess or surplus, transfer, or convey federal property deemed historically significant. The legislation defines "covered building" broadly to include any land, building, structure, monument, or site owned by the United States that is or has ever been listed on the National Register of Historic Places . Under this proposal, a specified official, including the President or the head of any federal agency, must first provide Congress with a notice of intent for such an action. Subsequently, Congress must pass a joint resolution specifically approving the proposed sale, disposal, or transfer of the historical property. This measure aims to ensure legislative oversight over the disposition of valuable federal historical assets.