Saving Money and Accelerating Repairs Through Leasing Act or the SMART Leasing Act
This bill authorizes the General Services Administration (GSA) to establish a pilot program that allows federal agencies to lease underutilized properties with GSA approval and to use the rent payments to help fund capital projects and facilities maintenance.
The GSA may not enter into a lease under the pilot program unless it certifies that the lease will not have a negative impact on its mission or that of the applicable federal agency.
The bill provides for a maximum of six leases under the program during each fiscal year, with a term of up to 15 years.
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 117-147.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 117-147.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 486.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S7265-7266; text: CR S7266)
Message on Senate action sent to the House.
Received in the House.
Held at the desk.
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