FASTA Reform Act of 2023

4/2/2024, 4:00 PM

FASTA Reform Act of 2023

This bill makes changes to the operation of the Public Buildings Reform Board, its role in making recommendations for the disposal of certain federal buildings and real estate, and other related procedures. Specifically, the bill (1) changes procedures and personnel policies used by the board, including by reducing its quorum from five to four; (2) extends the operation of the board through 2026; (3) allows federal agencies to undertake analyses and due diligence to prepare a property for disposition to be included in the real property recommendations of the board; and (4) requires property sale proceeds to be credited to agency accounts at an earlier point in the board's operation.

Congress
118

Number
HR - 6277

Introduced on
2023-11-07

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/12/2024

Status of Legislation

Bill Introduced
Introduced to House
Passed in House
Introduced to Senate
Senate to Vote

Purpose and Summary


FASTA Reform Act of 2023

This bill makes changes to the operation of the Public Buildings Reform Board, its role in making recommendations for the disposal of certain federal buildings and real estate, and other related procedures. Specifically, the bill (1) changes procedures and personnel policies used by the board, including by reducing its quorum from five to four; (2) extends the operation of the board through 2026; (3) allows federal agencies to undertake analyses and due diligence to prepare a property for disposition to be included in the real property recommendations of the board; and (4) requires property sale proceeds to be credited to agency accounts at an earlier point in the board's operation.

Alternative Names
Official Title as IntroducedTo amend the Federal Assets Sale and Transfer Act of 2016 to improve such Act, and for other purposes.

Policy Areas
Government Operations and Politics

Potential Impact
Congressional oversight
Employee hiring
Government buildings, facilities, and property
Government employee pay, benefits, personnel management
Government information and archives
Lease and rental services

Comments

Recent Activity

Latest Summary4/2/2024

FASTA Reform Act of 2023

This bill makes changes to the operation of the Public Buildings Reform Board, its role in making recommendations for the disposal ...


Latest Action3/12/2024
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.