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SMART Leasing Act
4/17/2024, 11:43 PM
Congressional Summary of S 2793
Saving Money and Accelerating Repairs Through Leasing Act or the SMART Leasing Act
This bill authorizes the General Services Administration (GSA) to establish a pilot program that allows federal agencies to lease underutilized properties with GSA approval and to use the rent payments to help fund capital projects and facilities maintenance.
The GSA may not enter into a lease under the pilot program unless it certifies that the lease will not have a negative impact on its mission or that of the applicable federal agency.
The bill provides for a maximum of six leases under the program during each fiscal year, with a term of up to 15 years.
Current Status of Bill S 2793
Bill S 2793 is currently in the status of Bill Introduced since September 22, 2021. Bill S 2793 was introduced during Congress 117 and was introduced to the Senate on September 22, 2021. Bill S 2793's most recent activity was Held at the desk. as of December 20, 2022
Bipartisan Support of Bill S 2793
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2793
Primary Policy Focus
Government Operations and PoliticsAlternate Title(s) of Bill S 2793
SMART Leasing Act
A bill to authorize the Administrator of General Services to establish an enhanced use lease pilot program, and for other purposes.
SMART Leasing Act
Saving Money and Accelerating Repairs Through Leasing Act
Saving Money and Accelerating Repairs Through Leasing Act
SMART Leasing Act
SMART Leasing Act
Saving Money and Accelerating Repairs Through Leasing Act
Comments
Sponsors and Cosponsors of S 2793
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