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Code · BILL · 113th Congress · H.R. 243 (Introduced in House) — To adopt the seven immediate reforms recommended by the National Commission on Fiscal Responsibility and Reform to re... · Sec. 108

Sec. 108. Sale of excess Federal property

420 words·~2 min read·/bill/113/hr/243/ih/section-108·

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Chapter 5 of subtitle I of title 40, United States Code, is amended by adding at the end the following: In this subchapter: The term Director means the Director of the Office of Management and Budget. The term landholding agency means a landholding agency (as defined in section 501(i) of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11411(i) )). The term real property means— a parcel of real property under the administrative jurisdiction of the Federal Government that is— excess; surplus; underperforming; or otherwise not meeting the needs of the Federal Government, as determined by the Director; and a building or other structure located on real property described in clause (i).
The term real property excludes any parcel of real property, and any building or other structure located on real property, that is to be closed or realigned under the Defense Authorization Amendments and Base Closure and Realignment Act ( 10 U.S.C. 2687 note; Public Law 100–526 ). Except as provided in subsection (e), the Director shall, by sale or auction, dispose of a quantity of real property with an aggregate value of not less than $100,000,000 that, as determined by the Director, is not being used, and will not be used, to meet the needs of the Federal Government for the period of fiscal years 2014 through 2019.
The head of each landholding agency shall recommend to the Director real property for disposal under subsection (a). After receiving recommendations of candidate real property under subsection (b), the Director— with the concurrence of the head of each landholding agency, may select the real property for disposal under subsection (a); and shall notify the recommending landholding agency head of the selection of the real property. The Director shall ensure that all real properties selected for disposal under this section are listed on a website that shall— be updated routinely; and include the functionality to allow any member of the public, at the option of the member, to receive updates of the list through electronic mail.
The Director may transfer real property selected for disposal under this section to the Department of Housing and Urban Development if the Secretary of Housing and Urban Development determines that the real property is suitable for use in assisting the homeless. . The table of sections for chapter 5 of subtitle I of title 40, United States Code, is amended by inserting after the item relating to section 611 the following: SUBCHAPTER VII—Expedited disposal of real property Sec. 621.
Definitions. Sec. 622. Disposal program. .
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  • Pub. L. 100-526
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Sec. 108
Sale of excess Federal property
Pub. L.Pub. L. 100-526
Cites 3Cited by 0 across 0 sources
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