Title: Federal Acquisition Savings Act of 2017
Policy area: Government Operations and Politics

Summary:
Federal Acquisition Savings Act of 2017
This bill requires: (1) each executive agency to consider equipment rental in any cost-effectiveness analysis for equipment acquisition; and (2) the Government Accountability Office, within two years after enactment of this bill, to report on agency decisions to acquire equipment by lease or purchase.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3071 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 3071

To require executive agencies to consider equipment rental in any cost-
    effectiveness analysis for equipment acquisition, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 27, 2017

   Mr. Carter of Georgia (for himself, Mr. Himes, and Mr. Grothman) 
 introduced the following bill; which was referred to the Committee on 
                    Oversight and Government Reform

_______________________________________________________________________

                                 A BILL


 
To require executive agencies to consider equipment rental in any cost-
    effectiveness analysis for equipment acquisition, and for other 
                               purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Acquisition Savings Act of 
2017''.

SEC. 2. COST-EFFECTIVENESS ANALYSIS OF EQUIPMENT RENTAL.

    (a) Cost-Effectiveness Analysis of Equipment Rental.--
            (1) In general.--With respect to any cost-effectiveness 
        analysis for equipment acquisition conducted on or after the 
        date that is 180 days after the date of the enactment of this 
        Act, the head of each executive agency shall consider equipment 
        rental in such cost-effectiveness analysis.
            (2) Federal acquisition regulation.--The Federal 
        Acquisition Regulation shall be revised to implement the 
        requirement under paragraph (1).
    (b) Study of Cost-Effectiveness Analysis.--Not later than two years 
after the date of the enactment of this Act, the Comptroller General of 
the United States shall submit to the Committee on Oversight and 
Government Reform of the House of Representatives and the Committee on 
Homeland Security and Governmental Affairs of the Senate a 
comprehensive report on the decisions made by each executive agency to 
acquire equipment by lease or purchase pursuant to subpart 7.4 of the 
Federal Acquisition Regulation.
    (c) Definitions.--In this section:
            (1) Equipment rental.--The term ``equipment rental'' means 
        the acquisition of equipment by contract from a commercial 
        source for a temporary period of use with no fixed duration.
            (2) Executive agency.--The term ``executive agency'' has 
        the meaning given that term in section 102 of title 40, United 
        States Code.
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