To direct the Administrator of General Services to convene consultation meetings to identify alternative financing solutions for the construction of new public buildings that will reduce costs to the Federal Government, and for other purposes.
Smart Space Act of 2026
This bill requires the General Services Administration (GSA) to publish a recommended list of public building projects for which public-private partnerships and alternative financing methods should be used.
Under the bill, GSA must hold consultation meetings to identify alternative financing solutions for the construction, renovation, or preparation for disposal of public buildings that will reduce costs to the federal government. Such meetings must include experts in private commercial real estate and federal real estate. If available, state real estate experts with experience leveraging private financing for public buildings and facilities must also be included.
GSA must submit to the President and Congress, and publish on its website (1) recommendations on types of public-private partnerships and alternative financing methods best suited for meeting the federal government's public building needs, and (2) a list of recommended projects for which such methods should be used.
Projects included on the recommended projects list must meet certain criteria, including consolidating or relocating federal agencies out of costly, inefficient, and underutilized spaces that GSA intends to sell or dispose of once vacated.
Introduced in House
Introduced in House
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Subcommittee on Economic Development, Public Buildings, and Emergency Management Discharged
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Transportation and Infrastructure. H. Rept. 119-562.
Reported (Amended) by the Committee on Transportation and Infrastructure. H. Rept. 119-562.
Placed on the Union Calendar, Calendar No. 483.
Mr. Taylor moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2650-2651)
DEBATE - The House proceeded with forty minutes of debate on H.R. 7388.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2650)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
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