Title: GSA Lease Transparency Act of 2019
Policy area: Government Operations and Politics

Summary:
GSA Lease Transparency Act of 2019
This bill directs the General Services Administration (GSA) to annually complete an audit of active leases of space in federal buildings in which at least 20% of a building is leased to any entity pursuant to any provision of law.
Each audit must determine whether the federal government has received all rent, revenues, and anything of value due according to the provisions of each lease.
The GSA must report completed audits to Congress. Also, for any lease that becomes effective on or after the enactment of this bill, the GSA must require that the lease contain audit rights for the GSA and its Inspector General.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5047 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 5047

 To require the Administrator of General Services to conduct an annual 
 audit of properties leased to private parties, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 12, 2019

Mr. DeFazio (for himself and Ms. Titus) introduced the following bill; 
       which was referred to the Committee on Transportation and 
                             Infrastructure

_______________________________________________________________________

                                 A BILL


 
 To require the Administrator of General Services to conduct an annual 
 audit of properties leased to private parties, 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 ``GSA Lease Transparency Act of 
2019''.

SEC. 2. ANNUAL AUDIT.

    (a) In General.--Chapter 5 of subtitle I of title 40, United States 
Code, is amended by adding at the end the following:
``Sec. 625. Annual audit of leases
    ``(a) In General.--Not later than 90 days after the date of 
enactment of this Act, and annually thereafter, the Administrator of 
General Services shall complete an audit, in compliance with generally 
accepted government accounting standards, of covered leases.
    ``(b) Content of Audit.--The audit shall determine whether the 
Federal Government has received all rent, revenues, and anything of 
value due in accordance with the provisions of each covered lease.
    ``(c) Submission.--Not later than 30 days after the date of 
completion of an audit, the Administrator of General Services shall 
submit to the Committee on Transportation and Infrastructure of the 
House of Representatives and the Committee on Environment and Public 
Works of the Senate the audit and a report on such audit.
    ``(d) Additional Audit Requirement for Leases.--With respect to any 
covered lease that takes effect on or after the date of enactment of 
this section, the Administrator shall require that such a lease 
contains audit rights for the Administrator and the Inspector General 
of the General Services Administration.
    ``(e) Definition.--In this section, the following definition 
applies:
            ``(1) Covered lease.--The term `covered lease' means an 
        active lease of space in a Federal building in which at least 
        20 percent of such building is leased to any entity pursuant to 
        any provision of law, including--
                    ``(A) section 543;
                    ``(B) section 581;
                    ``(C) sections 306121 and 306122 of title 54, 
                United States Code; and
                    ``(D) Public Law 108-447 (108 Stat. 2809 et 
                seq.).''.
    (b) Conforming Amendment.--The table of chapters for chapter 5 of 
subtitle I of title 40, United States Code, is amended by adding after 
the item relating to section 624 the following new item:

``625. Annual audit of leases.''.
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