Sec. 1. SHORT TITLE; FINDINGS
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## SECTION 1 SHORT TITLE; FINDINGS **[**[40 U.S.C. 585 note](/us/usc/t40/s585)**]** ###
(a)Short Title This Act may be cited as the “Secure Federal Leases from Espionage And Suspicious Entanglements Act” or the “Secure Federal LEASEs Act”. ###
(b)Findings Congress finds that— ####
(1)the Government Accountability Office has reported that the Federal Government often leases high-security space from private sector landlords; ####
(2)the General Services Administration collects highest- level and immediate ownership information through the System for Award Management, but it is not currently required to collect beneficial ownership information and lacks an adequate system for doing so; ####
(3)the General Services Administration and Federal agencies with leasing authority may not know if foreign owners have a stake in the buildings leased by the agencies, either through foreign-incorporated legal entities or through ownership in United States-incorporated legal entities, even when the leased space is used for classified operations or to store sensitive data; and ####
(4)according to a report of the Government Accountability Office, dated January 2017, that examined the risks of foreign ownership of Government-leased real estate, “leasing space in foreign-owned buildings could present security risks such as espionage and unauthorized cyber and physical access”.
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SHORT TITLE; FINDINGS
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