Sponsors (13)
The bill accelerates monetization of federal properties to raise revenue and cover relocation costs while easing agency transitions, but it does so by removing environmental, historic‑preservation, homelessness‑protection, and judicial oversight safeguards and by imposing buyer restrictions that could lower proceeds.
Taxpayers and the federal government will receive revenue from sales or long ground leases of certain federal properties, with net proceeds deposited to the Federal Buildings Fund and excess paid to the Treasury to help reduce the deficit.
Relocated federal agencies will have their relocation costs covered from sale proceeds or the Federal Buildings Fund, reducing immediate appropriations pressure on Congress and short-term budgetary strain for taxpayers.
Federal employees and agencies will be allowed leasebacks of up to five years, giving agencies time to transition operations with less disruption to services and staffing.
Urban communities and local governments could lose environmental and historic‑preservation protections because sales are exempted from NEPA and historic‑preservation review, increasing risk of demolition or redevelopment without local input.
Local governments and taxpayers will have reduced legal recourse because the bill limits judicial review of GSA disposition decisions, removing an important check against unlawful or harmful disposals.
People experiencing homelessness and low‑income individuals may lose protections because the bill exempts McKinney‑Vento §501 considerations, allowing disposals without accounting for nearby housing or homeless services.
Based on analysis of 2 sections of legislative text.
Directs GSA to sell or ground-lease six named federal buildings in DC (sale at market value or ground lease up to 99 years), with limited review exemptions and a ban on foreign ownership.
Introduced December 11, 2025 by W. Greg Steube · Last progress December 11, 2025
Requires the General Services Administration (GSA) to dispose of six specific federal office buildings in Washington, DC by sale (for fair market value at highest and best use) or by ground lease up to 99 years. The GSA may negotiate short-term leasebacks (up to 5 years) or relocate occupying federal agencies and is given discretion over relocation sites. The bill bars sales or ground leases to foreign persons, foreign entities, or entities with foreign beneficial owners and adopts statutory definitions of those terms. Disposals are expedited by exempting the transactions from several federal review laws (including NEPA and the National Historic Preservation Act) except for limited exceptions in the text. The provision is narrowly focused on the six named buildings and sets transaction terms the GSA determines are in the U.S. interest.