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Code · BILL · 113th Congress · H.R. 4413 (Engrossed in House) — To reauthorize the Commodity Futures Trading Commission, to better protect futures customers, to provide end users wi... · Sec. 215

Sec. 215. GAO study on Commission leases

277 words·~1 min read·/bill/113/hr/4413/eh/section-215

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The Comptroller General of the United States shall, in consultation with the Commodity Futures Trading Commission Inspector General, conduct a study and publish a report regarding achieving efficiencies in leasing and rental costs at the Commodity Futures Trading Commission. The report shall be published within 90 days after the date of the enactment of this Act regarding achieving efficiencies in leasing and rental costs of buildings occupied by the Commodity Futures Trading Commission, and shall include recommendations to the Chairman of the Commodity Futures Trading Commission and the congressional committees of jurisdiction regarding the following:
Average occupancy rates and leasing costs of buildings across the Federal Government compared to those currently in effect with respect to buildings and locations occupied by the Commodity Futures Trading Commission. Changes to leasing authority that could achieve efficiencies, including the revocation of independent leasing authority and transfer of authority to the Administrator of General Services. The recommendations and responses contained in the report by the Commodity Futures Trading Commission Inspector General, dated June 4, 2014.
Other related recommendations that would achieve efficiencies in leasing and rental costs of buildings currently occupied by the Commodity Futures Trading Commission. Is the Commodity Futures Trading Commission violating any laws, including the Anti-Deficiency Act, by entering into these leases, particularly those with more than 5-year terms, and if so, how they can avoid violating Federal law in the future. The Chairman of the Commodity Futures Trading Commission shall report to the congressional committees of jurisdiction within 60 days after receipt of the report as to whether the Chairman accepts or rejects each of the recommendations of the Comptroller General, and an explanation for each decision.
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