II 

114TH CONGRESS 

2D SESSION H. R. 4465 

IN THE SENATE OF THE UNITED STATES 

MAY 24, 2016 

Received 

AN ACT 

To decrease the deficit by consolidating and selling Federal 

buildings and other civilian real property, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

2 (a) SHORT TITLE.—This Act may be cited as the 

3 ‘‘Federal Assets Sale and Transfer Act of 2016’’. 

4 (b) TABLE OF CONTENTS.—The table of contents for 

5 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Purposes. 

Sec. 3. Definitions. 

Sec. 4. Board. 

Sec. 5. Board meetings. 

Sec. 6. Compensation and travel expenses. 

Sec. 7. Executive Director. 

Sec. 8. Staff. 

Sec. 9. Contracting authority. 

Sec. 10. Termination. 

Sec. 11. Development of recommendations to Board. 

Sec. 12. Board duties. 

Sec. 13. Review by OMB. 

Sec. 14. Implementation of Board recommendations. 

Sec. 15. Authorization of appropriations. 

Sec. 16. Funding. 

Sec. 17. Congressional approval of proposed projects. 

Sec. 18. Preclusion of judicial review. 

Sec. 19. Implementation review by GAO. 

Sec. 20. Agency retention of proceeds. 

Sec. 21. Federal real property database. 

Sec. 22. Streamlining McKinney-Vento Homeless Assistance Act. 

Sec. 23. Additional property. 

Sec. 24. Sale of 12th and Independence. 

Sec. 25. Sale of Cotton Annex. 

6 SEC. 2. PURPOSES. 

7 The purpose of this Act is to reduce the costs of Fed8 eral real estate by— 

9 (1) consolidating the footprint of Federal build10 ings and facilities; 

11 (2) maximizing the utilization rate of Federal 

12 buildings and facilities; 

13 (3) reducing the reliance on leased space; 


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1 (4) selling or redeveloping high value assets 

2 that are underutilized to obtain the highest and best 

3 value for the taxpayer and maximize the return to 

4 the taxpayer; 

5 (5) reducing the operating and maintenance 

6 costs of Federal civilian real properties; 

7 (6) reducing redundancy, overlap, and costs as8 sociated with field offices; 

9 (7) creating incentives for Federal agencies to 

10 achieve greater efficiency in their inventories of civil11 ian real property; 

12 (8) facilitating and expediting the sale or dis13 posal of unneeded Federal civilian real properties; 

14 (9) improving the efficiency of real property 

15 transfers for the provision of services to the home16 less; and 

17 (10) assisting Federal agencies in achieving the 

18 Government’s sustainability goals by reducing excess 

19 space, inventory, and energy consumption, as well as 

20 by leveraging new technologies. 

21 SEC. 3. DEFINITIONS. 

22 In this Act, unless otherwise expressly stated, the fol23 lowing definitions apply: 


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1 (1) ADMINISTRATOR.—The term ‘‘Adminis2 trator’’ means the Administrator of General Serv3 ices. 

4 (2) BOARD.—The term ‘‘Board’’ means the 

5 Public Buildings Reform Board established by sec6 tion 4. 

7 (3) CERCLA.—The term ‘‘CERCLA’’ means 

8 the Comprehensive Environmental Response, Com9 pensation, and Liability Act of 1980 (42 U.S.C. 

10 9601 et seq.). 

11 (4) FEDERAL AGENCY.—The term ‘‘Federal 

12 agency’’ means an executive department or inde13 pendent establishment in the executive branch of the 

14 Government, and a wholly owned Government cor15 poration. 

16 (5) FEDERAL CIVILIAN REAL PROPERTY AND

17 CIVILIAN REAL PROPERTY.— 

18 (A) IN GENERAL.—The terms ‘‘Federal ci19 vilian real property’’ and ‘‘civilian real prop20 erty’’ refer to Federal real property assets, in21 cluding public buildings as defined in section 

22 3301(a) of title 40, United States Code, occu23 pied and improved grounds, leased space, or 

24 other physical structures under the custody and 

25 control of any Federal agency. 


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1 (B) EXCLUSIONS.—Subparagraph (A) 

2 shall not be construed as including any of the 

3 following types of property: 

4 (i) Properties that are on military in5 stallations (including any fort, camp, post, 

6 naval training station, airfield proving 

7 ground, military supply depot, military 

8 school, or any similar facility of the De9 partment of Defense). 

10 (ii) A base, camp, post, station, yard, 

11 center, or homeport facility for any ship or 

12 activity under the jurisdiction of the Coast 

13 Guard. 

14 (iii) Properties that are excluded for 

15 reasons of national security by the Direc16 tor of the Office of Management and 

17 Budget. 

18 (iv) Properties that are excepted from 

19 the definition of the term ‘‘property’’ 

20 under section 102 of title 40, United 

21 States Code. 

22 (v) Indian and Native Alaskan prop23 erties, including— 

24 (I) any property within the limits 

25 of an Indian reservation to which the 


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1 United States owns title for the ben2 efit of an Indian tribe; and 

3 (II) any property title that is 

4 held in trust by the United States for 

5 the benefit of an Indian tribe or indi6 vidual or held by an Indian tribe or 

7 individual subject to restriction by the 

8 United States against alienation. 

9 (vi) Properties operated and main10 tained by the Tennessee Valley Authority 

11 pursuant to the Tennessee Valley Author12 ity Act of 1933 (16 U.S.C. 831 et seq.). 

13 (vii) Postal properties owned by the 

14 United States Postal Service. 

15 (viii) Properties used in connection 

16 with Federal programs for agricultural, 

17 recreational, or conservation purposes, in18 cluding research in connection with the 

19 programs. 

20 (ix) Properties used in connection 

21 with river, harbor, flood control, reclama22 tion, or power projects. 

23 (x) Properties located outside the 

24 United States operated or maintained by 

25 the Department of State or the United 


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1 States Agency for International Develop2 ment. 

3 (6) FIELD OFFICE.—The term ‘‘field office’’ 

4 means any Federal office that is not the head5 quarters office location for the Federal agency. 

6 (7) HUD.—The term ‘‘HUD’’ means the De7 partment of Housing and Urban Development. 

8 (8) OMB.—The term ‘‘OMB’’ means the Office 

9 of Management and Budget. 

10 (9) VALUE OF TRANSACTIONS.—The term 

11 ‘‘value of transactions’’ means the sum of the esti12 mated proceeds and estimated costs, based on the 

13 accounting system developed or identified under sec14 tion 12(e), associated with the transactions included 

15 in Board recommendations. 

16 SEC. 4. BOARD. 

17 (a) ESTABLISHMENT.—There is established an inde18 pendent board to be known as the Public Buildings Re19 form Board. 

20 (b) DUTIES.—The Board shall carry out the duties 

21 as specified in this Act. 

22 (c) MEMBERSHIP.— 

23 (1) IN GENERAL.—The Board shall be com24 posed of a Chairperson appointed by the President, 


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1 by and with the advice and consent of the Senate, 

2 and six members appointed by the President. 

3 (2) APPOINTMENTS.—In selecting individuals 

4 for appointments to the Board, the President shall 

5 consult with— 

6 (A) the Speaker of the House of Rep7 resentatives concerning the appointment of two 

8 members; 

9 (B) the majority leader of the Senate con10 cerning the appointment of two members; 

11 (C) the minority leader of the House of 

12 Representatives concerning the appointment of 

13 one member; and 

14 (D) the minority leader of the Senate con15 cerning the appointment of one member. 

16 (3) TERMS.—The term for each member of the 

17 Board shall be 6 years. 

18 (4) VACANCIES.—Vacancies shall be filled in 

19 the same manner as the original appointment. 

20 (5) QUALIFICATIONS.—In selecting individuals 

21 for appointment to the Board, the President shall 

22 ensure that the Board contains individuals with ex23 pertise representative of the following: 

24 (A) Commercial real estate and redevelop25 ment. 


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1 (B) Space optimization and utilization. 

2 (C) Community development, including 

3 transportation and planning. 

4 SEC. 5. BOARD MEETINGS. 

5 (a) OPEN MEETINGS.—Each meeting of the Board, 

6 other than meetings in which classified information is to 

7 be discussed, shall be open to the public. Any open meet8 ing shall be announced in the Federal Register and the 

9 Federal Web site established by the Board at least 14 cal10 endar days in advance of a meeting. For all public meet11 ings, the Board shall release an agenda and a listing of 

12 materials relevant to the topics to be discussed. 

13 (b) QUORUM AND MEETINGS.—Five Board members 

14 shall constitute a quorum for the purposes of conducting 

15 business and three or more Board members shall con16 stitute a meeting of the Board. 

17 (c) TRANSPARENCY OF INFORMATION.—All the pro18 ceedings, information, and deliberations of the Board shall 

19 be open, upon request, to the Chairperson and ranking 

20 minority party member, and their respective subcommittee 

21 Chairperson and subcommittee ranking minority party 

22 member, of— 

23 (1) the Committee on Transportation and In24 frastructure of the House of Representatives; 


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1 (2) the Committee on Oversight and Govern2 ment Reform of the House of Representatives; 

3 (3) the Committee on Homeland Security and 

4 Governmental Affairs of the Senate; 

5 (4) the Committee on Environment and Public 

6 Works of the Senate; and 

7 (5) the Committees on Appropriations of the 

8 House of Representatives and the Senate. 

9 (d) GOVERNMENT ACCOUNTABILITY OFFICE.—All 

10 proceedings, information, and deliberations of the Board 

11 shall be open, upon request, to the Comptroller General 

12 of the United States. 

13 SEC. 6. COMPENSATION AND TRAVEL EXPENSES. 

14 (a) COMPENSATION.— 

15 (1) RATE OF PAY FOR MEMBERS.—Each mem16 ber, other than the Chairperson, shall be paid at a 

17 rate equal to the daily equivalent of the minimum 

18 annual rate of basic pay payable for level IV of the 

19 Executive Schedule under section 5315 of title 5, 

20 United States Code, for each day (including travel 

21 time) during which the member is engaged in the ac22 tual performance of duties vested in the Board. 

23 (2) RATE OF PAY FOR CHAIRPERSON.—The 

24 Chairperson shall be paid for each day referred to 

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1 lent of the minimum annual rate of basic pay pay2 able for level III of the Executive Schedule under 

3 section 5314 of title 5, United States Code. 

4 (b) TRAVEL.—Members shall receive travel expenses, 

5 including per diem in lieu of subsistence, in accordance 

6 with sections 5702 and 5703 of title 5, United States 

7 Code. 

8 SEC. 7. EXECUTIVE DIRECTOR. 

9 (a) APPOINTMENT.—The Board shall appoint an Ex10 ecutive Director, who may be appointed without regard to 

11 the provisions of title 5, United States Code, governing 

12 appointments in the competitive service. 

13 (b) RATE OF PAY.—The Executive Director shall be 

14 paid at the rate of basic pay payable for level IV of the 

15 Executive Schedule under section 5315 of title 5, United 

16 States Code. 

17 SEC. 8. STAFF. 

18 (a) ADDITIONAL PERSONNEL.—Subject to subsection 

19 (b), the Executive Director may request additional per20 sonnel detailed from Federal agencies. 

21 (b) REQUESTS FOR DETAIL EMPLOYEES.—Upon re22 quest of the Executive Director and approval of the Board 

23 and the Director of OMB, the head of any Federal agency 

24 shall detail the requested personnel of that agency to the 


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1 Board to assist the Board in carrying out its duties under 

2 this Act. 

3 (c) QUALIFICATIONS.—Appointments shall be made 

4 with consideration of a balance of expertise consistent with 

5 the qualifications of representatives described in section 

6 4(c)(5). 

7 SEC. 9. CONTRACTING AUTHORITY. 

8 (a) EXPERTS AND CONSULTANTS.—The Board, to 

9 the extent practicable and subject to appropriations Acts, 

10 shall use contracts, including nonappropriated contracts, 

11 entered into by the Administrator for services necessary 

12 to carry out the duties of the Board. 

13 (b) OFFICE SPACE.—The Administrator, in consulta14 tion with the Board, shall identify and provide, without 

15 charge, suitable office space within the existing Federal 

16 space inventory to house the operations of the Board. 

17 (c) PERSONAL PROPERTY.—The Board shall use per18 sonal property already in the custody and control of the 

19 Administrator. 

20 SEC. 10. TERMINATION. 

21 The Board shall cease operations and terminate 6 

22 years after the date of enactment of this Act. 


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1 SEC. 11. DEVELOPMENT OF RECOMMENDATIONS TO 

2 BOARD. 

3 (a) SUBMISSIONS OF AGENCY INFORMATION AND

4 RECOMMENDATIONS.—Not later than 120 days after the 

5 date of enactment of this Act, and not later than 120 days 

6 after the first day of each fiscal year thereafter until the 

7 termination of the Board, the head of each Federal agency 

8 shall submit to the Administrator and the Director of 

9 OMB the following: 

10 (1) CURRENT DATA.—Current data of all Fed11 eral civilian real properties owned, leased, or con12 trolled by the agency, including all relevant informa13 tion prescribed by the Administrator and the Direc14 tor of OMB, including data related to the age and 

15 condition of the property, operating costs, history of 

16 capital expenditures, sustainability metrics, number 

17 of Federal employees and functions housed in the re18 spective property, and square footage (including 

19 gross, rentable, and usable). 

20 (2) AGENCY RECOMMENDATIONS.—Rec21 ommendations of the agency on the following: 

22 (A) Federal civilian real properties that 

23 can be sold for proceeds or otherwise disposed 

24 of, reported as excess, declared surplus, 

25 outleased, or otherwise no longer meeting the 

26 needs of the agency, excluding leasebacks or 


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1 other such exchange agreements where the 

2 property continues to be used by the agency. 

3 (B) Federal civilian real properties that 

4 can be transferred, exchanged, consolidated, co5 located, reconfigured, or redeveloped, so as to 

6 reduce the civilian real property inventory, re7 duce the operating costs of the Government, 

8 and create the highest value and return for the 

9 taxpayer. 

10 (C) Operational efficiencies that the Gov11 ernment can realize in its operation and main12 tenance of Federal civilian real properties. 

13 (b) STANDARDS AND CRITERIA.— 

14 (1) DEVELOPMENT OF STANDARDS AND CRI15 TERIA.—Not later than 60 days after the deadline 

16 for submissions of agency recommendations under 

17 subsection (a), the Director of OMB, in consultation 

18 with the Administrator, shall— 

19 (A) review the agency recommendations; 

20 (B) develop consistent standards and cri21 teria against which the agency recommenda22 tions will be reviewed; and 

23 (C) submit to the Board the recommenda24 tions developed pursuant to paragraph (2). 


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1 (2) RECOMMENDATIONS TO BOARD.—The Di2 rector of OMB and the Administrator shall jointly 

3 develop recommendations to the Board based on the 

4 standards and criteria developed under paragraph 

5 (1). 

6 (3) FACTORS.—In developing the standards and 

7 criteria under paragraph (1), the Director of OMB, 

8 in consultation with the Administrator, shall incor9 porate the following factors: 

10 (A) The extent to which the civilian real 

11 property could be sold (including property that 

12 is no longer meeting the needs of the Govern13 ment), redeveloped, outleased, or otherwise used 

14 to produce the highest and best value and re15 turn for the taxpayer. 

16 (B) The extent to which the operating and 

17 maintenance costs are reduced through consoli18 dating, co-locating, and reconfiguring space, 

19 and through realizing other operational effi20 ciencies. 

21 (C) The extent to which the utilization rate 

22 is being maximized and is consistent with non23 governmental industry standards for the given 

24 function or operation. 


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1 (D) The extent and timing of potential 

2 costs and savings, including the number of 

3 years, beginning with the date of completion of 

4 the proposed recommendation. 

5 (E) The extent to which reliance on leasing 

6 for long-term space needs is reduced. 

7 (F) The extent to which a civilian real 

8 property aligns with the current mission of the 

9 Federal agency. 

10 (G) The extent to which there are opportu11 nities to consolidate similar operations across 

12 multiple agencies or within agencies. 

13 (H) The economic impact on existing com14 munities in the vicinity of the civilian real prop15 erty. 

16 (I) The extent to which energy consump17 tion is reduced. 

18 (J) The extent to which public access to 

19 agency services is maintained or enhanced. 

20 (c) SPECIAL RULE FOR UTILIZATION RATES.— 

21 Standards developed by the Director of OMB pursuant to 

22 subsection (b) shall incorporate and apply clear standard 

23 utilization rates to the extent that such standard rates in24 crease efficiency and provide performance data. The utili25 zation rates shall be consistent throughout each applicable 


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1 category of space and with nongovernment space utiliza2 tion rates. To the extent the space utilization rate of a 

3 given agency exceeds the utilization rates to be applied 

4 under this subsection, the Director of OMB may rec5 ommend realignment, co-location, consolidation, or other 

6 type of action to improve space utilization. 

7 (d) SUBMISSION TO BOARD.— 

8 (1) IN GENERAL.—The Director of OMB shall 

9 submit the standards, criteria, and recommendations 

10 developed pursuant to subsection (b) to the Board 

11 with all supporting information, data, analyses, and 

12 documentation. 

13 (2) PUBLICATION.—The standards, criteria, 

14 and recommendations developed pursuant to sub15 section (b) shall be published in the Federal Register 

16 and transmitted to the committees listed in section 

17 5(c) and to the Comptroller General of the United 

18 States. 

19 (3) ACCESS TO INFORMATION.—The Board 

20 shall also have access to all information pertaining 

21 to the recommendations developed pursuant to sub22 section (b), including supporting information, data, 

23 analyses, and documentation submitted pursuant to 

24 subsection (a). Upon request, a Federal agency shall 

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1 taining to the civilian real properties under the cus2 tody, control, or administrative jurisdiction of the 

3 Federal agency. The Board shall notify the commit4 tees listed in section 5(c) of any failure by an agency 

5 to comply with a request of the Board. 

6 SEC. 12. BOARD DUTIES. 

7 (a) IDENTIFICATION OF PROPERTY REDUCTION OP8 PORTUNITIES.—The Board shall identify opportunities for 

9 the Government to reduce significantly its inventory of ci10 vilian real property and reduce costs to the Government. 

11 (b) IDENTIFICATION OF HIGH VALUE ASSETS.— 

12 (1) IDENTIFICATION OF CERTAIN PROP13 ERTIES.—Not later than 180 days after Board 

14 members are appointed pursuant to section 4, the 

15 Board shall— 

16 (A) identify not fewer than five Federal ci17 vilian real properties that are not on the list of 

18 surplus or excess as of such date with a total 

19 fair market value of not less than $500,000,000 

20 and not more than $750,000,000; and 

21 (B) transmit the list of the Federal civilian 

22 real properties to the Director of OMB and 

23 Congress as Board recommendations and sub24 ject to the approval process described in section 

25 13. 


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1 (2) INFORMATION AND DATA.—In order to 

2 meet the goal established under paragraph (1), each 

3 Federal agency shall provide, upon request, any and 

4 all information and data regarding its civilian real 

5 properties to the Board. The Board shall notify the 

6 committees listed in section 5(c) of any failure by an 

7 agency to comply with a request of the Board. 

8 (3) FACTORS.—In identifying properties pursu9 ant to paragraph (1), the Board shall consider the 

10 factors listed in section 11(b)(3). 

11 (4) LEASEBACK RESTRICTIONS.—None of the 

12 existing improvements on properties sold under this 

13 subsection may be leased back to the Government. 

14 (5) REPORT OF EXCESS.—Not later than 60 

15 days after the approval of Board recommendations 

16 pursuant to paragraph (1), Federal agencies with 

17 custody, control, or administrative jurisdiction over 

18 the identified properties shall submit a Report of 

19 Excess to the General Services Administration. 

20 (6) SALE.— 

21 (A) INITIATION OF SALE.—Not later than 

22 120 days after the acceptance by the Adminis23 trator of the Report of Excess and notwith24 standing any other provision of law (including 

25 section 501 of the McKinney-Vento Homeless 


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1 Assistance Act (42 U.S.C. 11411), but except 

2 as provided in section 14(g)), the General Serv3 ices Administration shall initiate the sale of the 

4 civilian real properties described in paragraph 

5 (1). 

6 (B) COMPLETION OF SALE.—Not later 

7 than 1 year after the acceptance of the Report 

8 of Excess, the Administrator shall sell the civil9 ian real properties at fair market value at high10 est and best use, unless the Director of OMB 

11 determines it is in the financial interest of the 

12 Government to execute a sale more than a year 

13 after the acceptance of the Report of Excess, 

14 but not greater than 2 years after the accept15 ance of the Report of Excess. 

16 (c) ANALYSIS OF INVENTORY.—The Board shall per17 form an independent analysis of the inventory of Federal 

18 civilian real property and the recommendations submitted 

19 pursuant to section 11. The Board shall not be bound or 

20 limited by the recommendations submitted pursuant to 

21 section 11. If, in the opinion of the Board, an agency fails 

22 to provide needed information, data, or adequate rec23 ommendations that meet the standards and criteria, the 

24 Board shall develop such recommendations as the Board 

25 considers appropriate based on existing data contained in 


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1 the Federal Real Property Profile or other relevant infor2 mation. 

3 (d) INFORMATION AND PROPOSALS.— 

4 (1) RECEIPT.—Notwithstanding any other pro5 vision of law, the Board may receive and consider 

6 proposals, information, and other data submitted by 

7 State and local officials and the private sector. 

8 (2) CONSULTATION.—The Board shall consult 

9 with State and local officials on information, pro10 posals, and other data that the officials submit to 

11 the Board. 

12 (3) AVAILABILITY.—Information submitted to 

13 the Board shall be made publicly available. 

14 (e) ACCOUNTING SYSTEM.—Not later than 120 days 

15 after the date of enactment of this Act, the Board shall 

16 identify or develop and implement a system of accounting 

17 to be used to independently evaluate the costs of and re18 turns on the recommendations. Such accounting system 

19 shall be applied in developing the Board’s recommenda20 tions and determining the highest return to the taxpayer. 

21 In applying the accounting system, the Board shall set a 

22 standard performance period of not less than 15 years. 

23 (f) PUBLIC HEARING.—The Board shall conduct 

24 public hearings. All testimony before the Board at a public 


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1 hearing under this subsection shall be presented under 

2 oath. 

3 (g) REPORTING OF INFORMATION AND REC4 OMMENDATIONS.— 

5 (1) IN GENERAL.—Subject to the schedule and 

6 limitations specified in paragraph (2), the Board 

7 shall transmit to the Director of OMB, and publicly 

8 post on a Federal Web site maintained by the 

9 Board, reports containing the Board’s findings, con10 clusions, and recommendations for— 

11 (A) the consolidation, exchange, co-loca12 tion, reconfiguration, lease reductions, sale, 

13 outlease, and redevelopment of Federal civilian 

14 real properties; and 

15 (B) other operational efficiencies that can 

16 be realized in the Government’s operation and 

17 maintenance of such properties. 

18 (2) SCHEDULE AND LIMITATIONS.— 

19 (A) FIRST ROUND.—Not later than 2 

20 years after the date of transmittal of the list of 

21 properties recommended pursuant to subsection 

22 (b), the Board shall transmit to the Director of 

23 OMB the first report required under paragraph 

24 (1). The total value of transactions contained in 

25 the first report may not exceed $2,500,000,000. 


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1 (B) SECOND ROUND.—Not earlier than 3 

2 years after the date of transmittal of the first 

3 report, the Board shall transmit to the Director 

4 of OMB the second report required under para5 graph (1). The total value of transactions con6 tained in the second report may not exceed 

7 $4,750,000,000. 

8 (3) CONSENSUS IN MAJORITY.—The Board 

9 shall seek to develop consensus recommendations, 

10 but if a consensus cannot be obtained, the Board 

11 may include in the reports required under this sub12 section recommendations that are supported by a 

13 majority of the Board. 

14 (h) FEDERAL WEB SITE.—The Board shall establish 

15 and maintain a Federal Web site for the purposes of mak16 ing relevant information publicly available. 

17 (i) REVIEW BY GAO.—The Comptroller General of 

18 the United States shall transmit to Congress and the 

19 Board a report containing a detailed analysis of the rec20 ommendations and selection process. 

21 SEC. 13. REVIEW BY OMB. 

22 (a) REVIEW OF RECOMMENDATIONS.—Upon receipt 

23 of the Board’s recommendations pursuant to subsections 

24 (b) and (g) of section 12, the Director of OMB shall con25 duct a review of the recommendations. 


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1 (b) REPORT TO BOARD AND CONGRESS.—Not later 

2 than 30 days after the receipt of the Board’s recommenda3 tions, the Director of OMB shall transmit to the Board 

4 and Congress a report that sets forth the Director of 

5 OMB’s approval or disapproval of the Board’s rec6 ommendations. 

7 (c) APPROVAL AND DISAPPROVAL.— 

8 (1) APPROVAL.—If the Director of OMB ap9 proves the Board’s recommendations, the Director of 

10 OMB shall transmit a copy of the recommendations 

11 to Congress, together with a certification of such ap12 proval. 

13 (2) DISAPPROVAL.—If the Director of OMB 

14 disapproves the Board’s recommendations, in whole 

15 or in part, the Director of OMB shall transmit a 

16 copy of the recommendations to Congress and the 

17 reasons for disapproval of the recommendations to 

18 the Board and Congress. 

19 (3) REVISED RECOMMENDATIONS.—Not later 

20 than 30 days after the receipt of reasons for dis21 approval under paragraph (2), the Board shall 

22 transmit to the Director of OMB revised rec23 ommendations for approval. 

24 (4) APPROVAL OF REVISED RECOMMENDA25 TIONS.—If the Director of OMB approves the reVerDate Sep 11 2014 20:17 May 27, 2016 Jkt 059200 PO 00000 Frm 00024 Fmt 6652 Sfmt 6201 E:\BILLS\H4465.RDS H4465

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1 vised recommendations received under paragraph 

2 (3), the Director of OMB shall transmit a copy of 

3 the revised recommendations to Congress, together 

4 with a certification of such approval. 

5 (d) TERMINATION OF PROCESS FOR GIVEN

6 ROUND.—If the Director of OMB does not transmit to 

7 Congress an approval and certification described in para8 graph (1) or (4) of subsection (c) on or before the 30th 

9 day following the receipt of the Board’s recommendations 

10 or revised recommendations, as the case may be, the proc11 ess shall terminate until the following round, as described 

12 in section 12. 

13 SEC. 14. IMPLEMENTATION OF BOARD RECOMMENDA14 TIONS. 

15 (a) DEADLINES.— 

16 (1) PREPARATION.—Federal agencies shall— 

17 (A) not later than 60 days after the Direc18 tor of OMB transmits the Board’s rec19 ommendations to Congress pursuant to para20 graph (1) or (4) of section 13(c), immediately 

21 begin preparations to carry out the Board’s rec22 ommendations; and 

23 (B) not later than 2 years after such 

24 transmittal, initiate all activities necessary to 

25 carry out the Board’s recommendations. 


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1 (2) COMPLETION.—Not later than 6 years after 

2 the Director of OMB transmits the Board’s rec3 ommendations to Congress pursuant to paragraph 

4 (1) or (4) of section 13(c), Federal agencies shall 

5 complete all recommended actions. All actions shall 

6 be economically beneficial, cost neutral, or otherwise 

7 favorable to the Government. 

8 (3) EXTENUATING CIRCUMSTANCES.—For ac9 tions that will take longer than the 6-year period de10 scribed in paragraph (2) due to extenuating cir11 cumstances, Federal agencies shall notify the Direc12 tor of OMB and Congress, as soon as the extenu13 ating circumstance presents itself, with an estimated 

14 time to complete the relevant action. 

15 (b) ACTIONS OF FEDERAL AGENCIES RELATED TO

16 CIVILIAN REAL PROPERTIES.—In taking actions related 

17 to any civilian real property under this Act, Federal agen18 cies may take, pursuant to subsection (c), all such nec19 essary and proper actions, including— 

20 (1) acquiring land, constructing replacement fa21 cilities, performing such other activities, and con22 ducting advance planning and design as may be re23 quired to transfer functions from a Federal asset or 

24 property to another Federal civilian property; 


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1 (2) reimbursing other Federal agencies for ac2 tions performed at the request of the Board; and 

3 (3) taking such actions as are practicable to 

4 maximize the value of Federal civilian real property 

5 to be sold by clarifying zoning and other limitations 

6 on use of such property. 

7 (c) ACTIONS OF FEDERAL AGENCIES TO IMPLEMENT

8 BOARD RECOMMENDATIONS.— 

9 (1) USE OF EXISTING LEGAL AUTHORITIES.— 

10 (A) IN GENERAL.—Except as provided in 

11 paragraph (2), when acting on a recommenda12 tion of the Board, a Federal agency shall— 

13 (i) in consultation with the Adminis14 trator, continue to act within the Federal 

15 agency’s existing legal authorities, includ16 ing legal authorities delegated to the Fed17 eral agency by the Administrator; or 

18 (ii) work in partnership with the Ad19 ministrator to carry out such actions. 

20 (B) NECESSARY AND PROPER ACTIONS.— 

21 The Administrator may take such necessary 

22 and proper actions, including the sale, convey23 ance, or exchange of civilian real property, as 

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1 ommendations in the time period required 

2 under subsection (a). 

3 (2) EXPERTS.—A Federal agency may enter 

4 into no cost, nonappropriated contracts for expert 

5 commercial real estate services to carry out the Fed6 eral agency’s responsibilities pursuant to the rec7 ommendations. 

8 (d) DISCRETION OF ADMINISTRATOR REGARDING

9 TRANSACTIONS.—For any transaction identified, rec10 ommended, or commenced as a result of this Act, any oth11 erwise required legal priority given to, or requirement to 

12 enter into, a transaction to convey a Federal civilian real 

13 property for less than fair market value, for no consider14 ation at all, or in a transaction that mandates the exclu15 sion of other market participants, shall be at the discretion 

16 of the Administrator. 

17 (e) RELATIONSHIP TO OTHER LAWS.—Any rec18 ommendation or commencement of a sale, disposal, con19 solidation, reconfiguration, co-location, or realignment of 

20 civilian real property under this Act shall not be subject 

21 to— 

22 (1) section 545(b)(8) of title 40, United States 

23 Code; 

24 (2) sections 550, 553, and 554 of title 40, 

25 United States Code; 


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1 (3) any section of the Act entitled ‘‘An Act Au2 thorizing the transfer of certain real property for 

3 wildlife, or other purposes’’ (16 U.S.C. 667b); 

4 (4) section 47151 of title 49, United States 

5 Code; 

6 (5) sections 107 and 317 of title 23, United 

7 States Code; 

8 (6) section 1304(b) of title 40, United States 

9 Code; 

10 (7) section 13(d) of the Surplus Property Act 

11 of 1944 (50 U.S.C. App. 1622(d)); 

12 (8) any other provision of law authorizing the 

13 conveyance of real property owned by the Govern14 ment for no consideration; and 

15 (9) any congressional notification requirement 

16 other than that in section 545 of title 40, United 

17 States Code. 

18 (f) PUBLIC BENEFIT.— 

19 (1) SUBMISSION OF INFORMATION TO HUD.— 

20 The Director of OMB shall submit to the Secretary 

21 of HUD, on the same day the Director of OMB sub22 mits the Board’s recommendations to Congress pur23 suant to paragraphs (1) and (4) of section 13(c), all 

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1 erties that are included in the recommendations (ex2 cept those recommended under section 12(b)). 

3 (2) HUD TO REPORT TO BOARD.—Not later 

4 than 30 days after the submission of information on 

5 Federal properties under paragraph (1), the Sec6 retary shall identify any suitable civilian real prop7 erties for use as a property benefiting the mission of 

8 assistance to the homeless for the purposes of fur9 ther screening pursuant to section 501 of the 

10 McKinney-Vento Homeless Assistance Act (42 

11 U.S.C. 11411). 

12 (3) ADDITIONAL AUTHORITY.—Following the 

13 review under paragraph (2), with respect to a civil14 ian real property that is not identified by the Sec15 retary as suitable for use as a property benefiting 

16 the mission of assistance to the homeless and that 

17 has been recommended for sale by the Board, the 

18 Director of OMB may exclude the property from the 

19 Board’s recommendations if the Director determines 

20 that the property is suitable for use as a public park 

21 or recreation area by a State or local government 

22 and it is in the best interest of taxpayers. 

23 (g) ENVIRONMENTAL CONSIDERATIONS.— 

24 (1) TRANSFERS OF REAL PROPERTY.— 


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1 (A) IN GENERAL.—When implementing the 

2 recommended actions for civilian real properties 

3 that have been identified in the Board’s report, 

4 as specified in section 12(g), and subject to 

5 paragraph (2) and in compliance with 

6 CERCLA, including section 120(h) of CERCLA 

7 (42 U.S.C. 9620(h)), Federal agencies may 

8 enter into an agreement to transfer by deed, 

9 pursuant to section 120(h)(3) of that Act (42 

10 U.S.C. 9620(h)(3)), civilian real property with 

11 any person. 

12 (B) ADDITIONAL TERMS AND CONDI13 TIONS.—The head of the disposing agency may 

14 require any additional terms and conditions in 

15 connection with an agreement authorized by 

16 subparagraph (A) as the head of the disposing 

17 agency considers appropriate to protect the in18 terests of the United States. Such additional 

19 terms and conditions shall not affect or dimin20 ish any rights or obligations of the Federal 

21 agencies under section 120(h) of CERCLA (in22 cluding, without limitation, the requirements of 

23 subsections (h)(3)(A) and (h)(3)(C)(iv) of that 

24 section). 


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1 (2) CERTIFICATION CONCERNING COSTS.—A 

2 transfer of Federal civilian real property may be 

3 made under paragraph (1) only if the head of the 

4 disposing agency certifies to the Board and Congress 

5 that— 

6 (A) the costs of all environmental restora7 tion, waste management, and environmental 

8 compliance activities otherwise to be paid by the 

9 disposing agency with respect to the property 

10 are equal to or greater than the fair market 

11 value of the property to be transferred, as de12 termined by the head of the disposing agency; 

13 or 

14 (B) if such costs are lower than the fair 

15 market value of the property, the recipient of 

16 the property agrees to pay the difference be17 tween the fair market value and such costs. 

18 (3) PAYMENTS TO RECIPIENTS.—In the case of 

19 a civilian real property covered by a certification 

20 under paragraph (2)(A), the disposing agency may 

21 pay the recipient of such property an amount equal 

22 to the lesser of— 

23 (A) the amount by which the costs in24 curred by the recipient of such property for all 

25 environmental restoration, waste management, 


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1 and environmental compliance activities with re2 spect to such property exceed the fair market 

3 value of such property as specified in such cer4 tification; or 

5 (B) the amount by which the costs (as de6 termined by the head of the disposing agency) 

7 that would otherwise have been incurred by the 

8 Secretary for such restoration, waste manage9 ment, and environmental compliance activities 

10 with respect to such property exceed the fair 

11 market value of such property as so specified. 

12 (4) INFORMATION TO BE PROVIDED TO RECIPI13 ENTS.—As part of an agreement under paragraph 

14 (1), the head of the disposing agency shall disclose, 

15 in accordance with applicable law, to the person to 

16 whom the civilian real property will be transferred 

17 information possessed by the disposing agency re18 garding the environmental restoration, waste man19 agement, and environmental compliance activities 

20 that relate to the property. The head of the dis21 posing agency shall provide such information before 

22 entering into the agreement. 

23 (5) CONSIDERATION OF ENVIRONMENTAL RE24 MEDIATION IN GRANTING TIME EXTENSIONS.—For 

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1 section (a), the Director of OMB shall give the need 

2 for significant environmental remediation to a civil3 ian real property more weight than any other factor 

4 in determining whether to grant an extension to im5 plement a Board recommendation. 

6 (6) LIMITATION ON STATUTORY CONSTRUC7 TION.—Nothing in this Act may be construed to 

8 modify, alter, or amend CERCLA, the National En9 vironmental Policy Act of 1969, or the Solid Waste 

10 Disposal Act (42 U.S.C. 6901 et seq.). 

11 SEC. 15. AUTHORIZATION OF APPROPRIATIONS. 

12 There is authorized to be appropriated to carry out 

13 this Act an initial appropriation of— 

14 (1) $2,000,000 for salaries and expenses of the 

15 Board; and 

16 (2) $40,000,000 to be deposited into the Asset 

17 Proceeds and Space Management Fund for activities 

18 related to the implementation of the Board’s rec19 ommendations. 

20 SEC. 16. FUNDING. 

21 (a) SALARIES AND EXPENSES ACCOUNT.— 

22 (1) ESTABLISHMENT.—There is established in 

23 the Treasury of the United States an account to be 

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1 ries and Expenses Account’’ (in this subsection re2 ferred to as the ‘‘Account’’). 

3 (2) NECESSARY PAYMENTS.—There shall be de4 posited into the Account such amounts, as are pro5 vided in appropriations Acts, for those necessary 

6 payments for salaries and expenses to accomplish 

7 the administrative needs of the Board. 

8 (b) ASSET PROCEEDS AND SPACE MANAGEMENT

9 FUND.— 

10 (1) ESTABLISHMENT.—There is established 

11 within the Federal Buildings Fund established under 

12 section 592 of title 40, United States Code, an ac13 count to be known as the Public Buildings Reform 

14 Board—Asset Proceeds and Space Management 

15 Fund (in this subsection referred to as the ‘‘Fund’’). 

16 (2) USE OF AMOUNTS.—Amounts in the Fund 

17 shall be used solely for the purposes of carrying out 

18 actions pursuant to the Board recommendations ap19 proved under section 13. 

20 (3) DEPOSITS.—The following amounts shall be 

21 deposited into the Fund and made available for obli22 gation or expenditure only as provided in advance in 

23 appropriations Acts (subject to section 3307 of title 

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1 tion normally covered by that section exceeds 

2 $20,000,000) for the purposes specified: 

3 (A) Such amounts as are provided in ap4 propriations Acts, to remain available until ex5 pended, for the consolidation, co-location, ex6 change, redevelopment, reconfiguration of 

7 space, disposal, and other actions recommended 

8 by the Board for Federal agencies. 

9 (B) Amounts received from the sale of any 

10 civilian real property action taken pursuant to 

11 a recommendation of the Board. 

12 (4) USE OF AMOUNTS TO COVER COSTS.—As 

13 provided in appropriations Acts, amounts in the 

14 Fund may be made available to cover necessary 

15 costs associated with implementing the recommenda16 tions pursuant to section 14, including costs associ17 ated with— 

18 (A) sales transactions; 

19 (B) acquiring land, construction, con20 structing replacement facilities, and conducting 

21 advance planning and design as may be re22 quired to transfer functions from a Federal 

23 asset or property to another Federal civilian 

24 property; 


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1 (C) co-location, redevelopment, disposal, 

2 and reconfiguration of space; and 

3 (D) other actions recommended by the 

4 Board for Federal agencies. 

5 (c) ADDITIONAL REQUIREMENT FOR BUDGET CON6 TENTS.—The President shall transmit along with the 

7 President’s budget submitted pursuant to section 1105 of 

8 title 31, United States Code, an estimate of proceeds that 

9 are the result of the Board’s recommendations and the 

10 obligations and expenditures needed to support such rec11 ommendations. 

12 SEC. 17. CONGRESSIONAL APPROVAL OF PROPOSED 

13 PROJECTS. 

14 Section 3307(b) of title 40, United States Code, is 

15 amended— 

16 (1) by striking ‘‘and’’ at the end of paragraph 

17 (6); 

18 (2) by striking the period at the end of para19 graph (7) and inserting ‘‘; and’’; and 

20 (3) by adding at the end the following: 

21 ‘‘(8) a statement of how the proposed project is 

22 consistent with the standards and criteria developed 

23 under section 11(b) of the Federal Assets Sale and 

24 Transfer Act of 2016.’’. 


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1 SEC. 18. PRECLUSION OF JUDICIAL REVIEW. 

2 The following actions shall not be subject to judicial 

3 review: 

4 (1) Actions taken pursuant to sections 12 and 

5 13. 

6 (2) Actions of the Board. 

7 SEC. 19. IMPLEMENTATION REVIEW BY GAO. 

8 Upon transmittal of the Board’s recommendations 

9 from the Director of OMB to Congress under section 13, 

10 the Comptroller General of the United States at least an11 nually shall monitor and review the implementation activi12 ties of Federal agencies pursuant to section 14, and report 

13 to Congress any findings and recommendations. 

14 SEC. 20. AGENCY RETENTION OF PROCEEDS. 

15 (a) IN GENERAL.—Section 571 of title 40, United 

16 States Code, is amended by striking subsections (a) and 

17 (b) and inserting the following: 

18 ‘‘(a) PROCEEDS FROM TRANSFER OR SALE OF REAL

19 PROPERTY.— 

20 ‘‘(1) DEPOSIT OF NET PROCEEDS.—Net pro21 ceeds described in subsection (c) shall be deposited 

22 into the appropriate real property account of the 

23 agency that had custody and accountability for the 

24 real property at the time the real property is deter25 mined to be excess. 


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1 ‘‘(2) EXPENDITURE OF NET PROCEEDS.—The 

2 net proceeds deposited pursuant to paragraph (1) 

3 may only be expended, as authorized in annual ap4 propriations Acts, for activities described in sections 

5 543 and 545, including paying costs incurred by the 

6 General Services Administration for any disposal-re7 lated activity authorized by this chapter. 

8 ‘‘(3) DEFICIT REDUCTION.—Any net proceeds 

9 described in subsection (c) from the sale, lease, or 

10 other disposition of surplus real property that are 

11 not expended under paragraph (2) shall be used for 

12 deficit reduction. Any net proceeds not obligated 

13 within 3 years after the date of deposit and not ex14 pended within 5 years after such date shall be de15 posited as miscellaneous receipts in the Treasury. 

16 ‘‘(b) EFFECT ON OTHER SECTIONS.—Nothing in this 

17 section is intended to affect section 572(b), 573, or 574. 

18 ‘‘(c) NET PROCEEDS.—The net proceeds described in 

19 this subsection are proceeds under this chapter, less ex20 penses of the transfer or disposition as provided in section 

21 572(a), from a— 

22 ‘‘(1) transfer of excess real property to a Fed23 eral agency for agency use; or 

24 ‘‘(2) sale, lease, or other disposition of surplus 

25 real property.’’. 


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1 (b) EFFECTIVE DATE.—The provisions of this sec2 tion, including the amendments made by this section, shall 

3 take effect upon the termination of the Board pursuant 

4 to section 10 and shall not apply to proceeds from trans5 actions conducted under section 14. 

6 SEC. 21. FEDERAL REAL PROPERTY DATABASE. 

7 (a) DATABASE REQUIRED.—Not later than 1 year 

8 after the date of enactment of this section, the Adminis9 trator of General Services shall publish a single, com10 prehensive, and descriptive database of all Federal real 

11 property under the custody and control of all executive 

12 agencies, other than Federal real property excluded for 

13 reasons of national security, in accordance with subsection 

14 (b). 

15 (b) REQUIRED INFORMATION FOR DATABASE.—The 

16 Administrator shall collect from the head of each executive 

17 agency descriptive information, except for classified infor18 mation, of the nature, use, and extent of the Federal real 

19 property of each such agency, including the following: 

20 (1) The geographic location of each Federal 

21 real property of each such agency, including the ad22 dress and description for each such property. 

23 (2) The total size of each Federal real property 

24 of each such agency, including square footage and 

25 acreage of each such property. 


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1 (3) Whether the Federal real property is cur2 rently, or will in the future be, needed to support 

3 agency’s mission or function. 

4 (4) The utilization of each Federal real prop5 erty for each such agency, including whether such 

6 property is excess, surplus, underutilized, or unuti7 lized. 

8 (5) The number of days each Federal real prop9 erty is designated as excess, surplus, underutilized, 

10 or unutilized. 

11 (6) The annual operating costs of each Federal 

12 real property. 

13 (7) The replacement value of each Federal real 

14 property. 

15 (c) ACCESS TO DATABASE.— 

16 (1) FEDERAL AGENCIES.—The Administrator, 

17 in consultation with the Director of OMB, shall 

18 make the database established and maintained under 

19 this section available to other Federal agencies. 

20 (2) PUBLIC ACCESS.—To the extent consistent 

21 with national security and procurement laws, the 

22 database shall be accessible by the public at no cost 

23 through the Web site of the General Services Admin24 istration. 


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1 (d) TRANSPARENCY OF DATABASE.—To the extent 

2 practicable, the Administrator shall ensure that the data3 base— 

4 (1) uses an open, machine-readable format; 

5 (2) permits users to search and sort Federal 

6 real property data; and 

7 (3) includes a means to download a large 

8 amount of Federal real property data and a selection 

9 of such data retrieved using a search. 

10 (e) APPLICABILITY.—Nothing in this section may be 

11 construed to require an agency to make available to the 

12 public information that is exempt from disclosure pursu13 ant to section 552(b) of title 5, United States Code. 

14 SEC. 22. STREAMLINING MCKINNEY-VENTO HOMELESS AS15 SISTANCE ACT. 

16 Section 501 of the McKinney-Vento Homeless Assist17 ance Act (42 U.S.C. 11411) is amended— 

18 (1) in subsection (b)(2)— 

19 (A) by striking ‘‘(2)(A)’’ and inserting 

20 ‘‘(2)’’; 

21 (B) by redesignating clauses (i) and (ii) as 

22 subparagraphs (A) and (B), respectively; 

23 (C) in subparagraph (A) (as so redesig24 nated) by striking ‘‘and’’ at the end; 


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1 (D) in subparagraph (B) (as so redesig2 nated) by striking the period at the end and in3 serting ‘‘; and’’; and 

4 (E) by adding at the end the following: 

5 ‘‘(C) in the case of surplus property, the 

6 provision of permanent housing with or without 

7 supportive services is an eligible use to assist 

8 the homeless under this section.’’; 

9 (2) in subsection (c)(1)(A) by striking ‘‘in the 

10 Federal Register’’ and inserting ‘‘on the Web site of 

11 the Department of Housing and Urban Development 

12 or the General Services Administration’’; 

13 (3) in subsection (d)— 

14 (A) in paragraph (1) by striking ‘‘period of 

15 60 days’’ and inserting ‘‘period of 30 days’’; 

16 (B) in paragraphs (2) and (4) by striking 

17 ‘‘60-day period’’ and inserting ‘‘30-day period’’; 

18 and 

19 (C) in paragraph (3) by adding at the end 

20 the following: ‘‘If no such review of the deter21 mination is requested within the 20-day period, 

22 such property will not be included in subsequent 

23 publications unless the landholding agency 

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1 mination and the Secretary subsequently deter2 mines the property is suitable.’’; 

3 (4) in subsection (e)— 

4 (A) in paragraph (2)— 

5 (i) by striking ‘‘(2)’’ and inserting 

6 ‘‘(2)(A)’’; 

7 (ii) in subparagraph (A) (as so des8 ignated)— 

9 (I) by striking ‘‘90 days’’ and in10 serting ‘‘75 days’’; and 

11 (II) by striking ‘‘a complete ap12 plication’’ and inserting ‘‘an initial ap13 plication’’; and 

14 (iii) by adding at the end the fol15 lowing: 

16 ‘‘(B) An initial application shall set forth— 

17 ‘‘(i) the services that will be offered; 

18 ‘‘(ii) the need for the services; and 

19 ‘‘(iii) the experience of the applicant that dem20 onstrates the ability to provide the services.’’; 

21 (B) in paragraph (3) by striking ‘‘25 days 

22 after receipt of a completed application’’ and in23 serting ‘‘10 days after receipt of an initial ap24 plication’’; and 

25 (C) by adding at the end the following: 


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1 ‘‘(4) If the Secretary of Health and Human Services 

2 approves an initial application, the applicant has 45 days 

3 in which to provide a final application that sets forth a 

4 reasonable plan to finance the approved program. 

5 ‘‘(5) No later than 15 days after receipt of the final 

6 application, the Secretary of Health and Human Services 

7 shall review, make a final determination, and complete all 

8 actions on the final application. The Secretary of Health 

9 and Human Services shall maintain a public record of all 

10 actions taken in response to an application.’’; and 

11 (5) in subsection (f)(1) by striking ‘‘available 

12 by’’ and inserting ‘‘available, at the applicant’s dis13 cretion, by’’. 

14 SEC. 23. ADDITIONAL PROPERTY. 

15 Section 549(c)(3)(B)(vii) of title 40, United States 

16 Code, is amended to read as follows: 

17 ‘‘(vii) a museum attended by the pub18 lic, and, for purposes of determining 

19 whether a museum is attended by the pub20 lic, the Administrator shall consider a mu21 seum to be public if the nonprofit edu22 cational or public health institution or or23 ganization, at minimum, accedes to any re24 quest submitted for access during business 

25 hours;’’. 


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1 SEC. 24. SALE OF 12TH AND INDEPENDENCE. 

2 (a) DEFINITION.—In this section, the term ‘‘prop3 erty’’ means the property located in the District of Colum4 bia, subject to survey and as determined by the Adminis5 trator of General Services, generally consisting of Squares 

6 325 and 326 and a portion of Square 351 and generally 

7 bounded by 12th Street, Independence Avenue, C Street, 

8 and the James Forrestal Building, all in Southwest Wash9 ington, District of Columbia, and shall include all associ10 ated air rights, improvements thereon, and appurtenances 

11 thereto. 

12 (b) SALE.—Not later than December 31, 2018, the 

13 Administrator of General Services shall sell the property 

14 at fair market value at highest and best use. 

15 (c) NET PROCEEDS.—Any net proceeds received shall 

16 be paid into an account in the Federal Buildings Fund 

17 established under section 592 of title 40, United States 

18 Code. Upon deposit, the net proceeds from the sale may 

19 be expended only subject to a specific future appropria20 tion. 

21 SEC. 25. SALE OF COTTON ANNEX. 

22 (a) DEFINITION.—In this section, the term ‘‘prop23 erty’’ means property located in the District of Columbia, 

24 subject to survey and as determined by the Administrator, 

25 generally consisting of Square 326 south of C Street, all 


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1 in Southwest Washington, District of Columbia, including 

2 the building known as the Cotton Annex. 

3 (b) SALE.—Not later than December 31, 2018, the 

4 Administrator of General Services shall sell the property 

5 at fair market value at highest and best use. 

6 (c) NET PROCEEDS.—Any net proceeds received shall 

7 be paid into an account in the Federal Buildings Fund 

8 established under section 592 of title 40, United States 

9 Code. Upon deposit, the net proceeds from the sale may 

10 be expended only subject to a specific future appropria11 tion. 

Passed the House of Representatives May 23, 2016. 

Attest: KAREN L. HAAS, 

Clerk. 


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