COST of Relocations Act
12/16/2023, 3:29 PMSummary of Bill S 487
Bill 118 s 487, also known as the COST of Relocations Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to address the costs associated with relocating federal agencies and departments.The bill begins by acknowledging that the relocation of federal agencies can be a costly and complex process. It aims to increase transparency and accountability in these relocations by requiring agencies to provide detailed cost estimates and justifications for any proposed moves.
Additionally, the bill seeks to ensure that the costs of relocations are carefully considered and weighed against the potential benefits. It requires agencies to conduct thorough cost-benefit analyses before moving forward with any relocation plans. Furthermore, the bill includes provisions to prevent unnecessary or wasteful spending on relocations. It establishes a process for Congress to review and approve relocation plans, as well as mechanisms for monitoring and reporting on the costs associated with these moves. Overall, the COST of Relocations Act is designed to promote responsible and efficient use of taxpayer dollars when it comes to relocating federal agencies. It emphasizes the importance of careful planning and consideration of costs in order to ensure that relocations are in the best interest of the government and the American people.
Congressional Summary of S 487
Congressional Oversight to Secure Transparency of Relocations Act or the COST of Relocations Act
This bill requires a federal agency seeking to relocate more than 5% of its employees or more than 100 employees to conduct and make public a comprehensive cost-benefit analysis of the proposed change.
Specifically, the agency must conduct such analysis and submit it to the agency's office of inspector general for review and submission to Congress.
The report must include
- the anticipated outcomes and improvements that will result from the proposed relocation,
- the metrics for measuring whether the proposed relocation results in the anticipated outcomes and improvements,
- a timeline of past and future engagements with stakeholders regarding the proposed relocation,
- a comprehensive strategy for accomplishing the proposed relocation, and
- an assessment of the short- and long-term effects of the proposed relocation on the agency's mission.
Read the Full Bill
Current Status of Bill S 487
Bill S 487 is currently in the status of Bill Introduced since February 16, 2023. Bill S 487 was introduced during Congress 118 and was introduced to the Senate on February 16, 2023. Bill S 487's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of February 16, 2023Bipartisan Support of Bill S 487
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 487
Primary Policy Focus
Government Operations and PoliticsPotential Impact Areas
Administrative law and regulatory proceduresCongressional oversightExecutive agency funding and structureGovernment buildings, facilities, and propertyGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment studies and investigationsAlternate Title(s) of Bill S 487
COST of Relocations ActCOST of Relocations ActCongressional Oversight to Secure Transparency of Relocations ActA bill to require Federal agencies to conduct a benefit-cost analysis on relocations involving the movement of employment positions to different areas, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of S 487
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