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H.R. 5137

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.

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.

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

Rep. Pence, Greg [R-IN-6](R-IN)Sponsor
1 cosponsor1 R
1cosponsors1committees4actions1related bills2subjects
  1. Committee

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

    Economic Development, Public Buildings, and Emergency Management Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Transportation and Infrastructure.

    Transportation and Infrastructure Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

To amend title 40, United States Code, to modify the treatment of certain bargain-price op… — Informed