IB 
Union Calendar No. 459 
114TH CONGRESS 
2D SESSION 
H. R. 4487 
[Report No. 114–589, Part I] 
To reduce costs of Federal real estate, improve building security, and for 
other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 8, 2016 
Mr. BARLETTA (for himself, Mr. CARSON of Indiana, Mr. SHUSTER, Mr. 
DEFAZIO, Ms. NORTON, and Mr. NADLER) introduced the following bill; 
which was referred to the Committee on Transportation and Infrastruc-
ture, and in addition to the Committee on Financial Services, for a period 
to be subsequently determined by the Speaker, in each case for consider-
ation of such provisions as fall within the jurisdiction of the committee 
concerned 
MAY 23, 2016 
Reported from the Committee on Transportation and Infrastructure with an 
amendment 
[Strike out all after the enacting clause and insert the part printed in italic] 
MAY 23, 2016 
The Committee on Financial Services discharged; committed to the Committee 
of the Whole House on the State of the Union and ordered to be printed 
[For text of introduced bill, see copy of bill as introduced on February 8, 2016] 
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A BILL 
To reduce costs of Federal real estate, improve building 
security, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Public Buildings Reform 
and Savings Act of 2016’’. 
SEC. 2. STREAMLINED LEASING PILOT PROGRAM. 
(a) EXECUTION OF LEASES.—The Administrator of 
General Services shall establish and conduct a pilot pro-
gram to execute lease agreements pursuant to authority pro-
vided under section 585 of title 40, United States Code, 
using alternative procedures. 
(b) ADOPTION.—The Administrator shall prescribe al-
ternative procedures to enter into lease agreements in ac-
cordance with section 585 of title 40, United States Code, 
pursuant to the provisions of this section. 
(c) GOALS OF PROCEDURES.—The goals of the alter-
native procedures are— 
(1) reducing the costs to the Federal Government 
of leased space, including— 
(A) executing long-term leases with firm 
terms of 10 years or more and reducing costly 
holdover and short-term lease extensions, includ-
ing short firm term leases; 
(B) improving office space utilization rates 
of Federal tenants; and 
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(C) streamlining and simplifying the leas-
ing process to take advantage of real estate mar-
kets; and 
(2) significantly reducing or eliminating the 
backlog of expiring leases over the next 5 years. 
(d) LEASEHOLD INTERESTS IN REAL PROPERTY.— 
(1) SIMPLIFIED PROCEDURES.—Notwithstanding 
section 3305(b) of title 41, United States Code, but 
otherwise in accordance with such section, the Admin-
istrator of General Services shall provide special sim-
plified procedures for acquisitions of leasehold inter-
ests in real property at rental rates that do not exceed 
the simplified lease acquisition threshold, as defined 
in paragraph (2). The rental rate under a multiyear 
lease does not exceed the simplified lease acquisition 
threshold if the average annual amount of the rent 
payable for the period of the lease does not exceed the 
simplified lease acquisition threshold. 
(2) ACQUISITION THRESHOLD.—For purposes of 
this section, the simplified lease acquisition threshold 
is $500,000. 
(e) CONSOLIDATED LEASE PROSPECTUSES.—The Ad-
ministrator may, when acquiring leasehold interests subject 
to section 3307 of title 40, United States Code, transmit, 
pursuant to subsection (b) of such section, to the committees 
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