Bill116th CongressFiled Nov 18, 2019Government Operations and Politics
S. 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.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Nov 18, 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.
What just happenedNov 18, 2019
Read twice and referred to the Committee on Environment and Public Works.
Who’s behind it
Sen. Lankford, James [R-OK](R-OK)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills2subjects
- Introduced in SenateNov 18, 2019
- Nov 18, 2019IntroReferral
Read twice and referred to the Committee on Environment and Public Works.
Environment and Public Works Committee - Nov 18, 2019IntroReferral10000
Introduced in Senate