Amends the Public Buildings Act of 1959 to authorize the Administrator of General Services to issue obligations to finance the acquisition and construction of public buildings.
Requires the Secretary of the Treasury to prescribe terms and conditions and to determine the interest rate for such loans.
Prohibits the authorization of appropriations for loans for which a prospectus is required unless such acquisition or construction has been approved by certain congressional committees.
Provides for budgetary and accounting treatment of such loans in the fiscal year in which they are issued.
Message on House action received in Senate and held at desk: House amendments to Senate bill.
Introduced in House
Introduced in House
Referred to House Committee on Public Works and Transportation.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended).
Reported to House (Amended) by House Committee on Public Works and Transportation. Report No: 99-951.
Reported to House (Amended) by House Committee on Public Works and Transportation. Report No: 99-951.
Placed on Union Calendar No: 570.
Called up by House Under Suspension of Rules.
Passed/agreed to in House: Passed House (Amended) by Voice Vote.
Passed House (Amended) by Voice Vote.
Received in the Senate.
Read twice and referred to the Committee on Environment and Public Works.
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Similiar Provisions Included in S.2890.