Sponsors (2)
Directs GSA to vacate and sell six specified federal buildings in DC within set timelines, with sale proceeds used for the Federal Buildings Fund and Treasury deficit reduction.
Official title: Require the Administrator of General Services to sell certain Federal buildings, and for other purposes.
Introduced June 25, 2025 by Joni Ernst · Last progress June 25, 2025
The bill aims to quickly convert six underused DC federal buildings into Treasury revenue and limit foreign ownership risks, but it does so by bypassing environmental and historic reviews, forcing rapid relocations without guaranteed replacement space or immediate implementation funding.
Taxpayers benefit because consolidating and selling six underused DC federal buildings will reduce federal real estate costs and deposit net proceeds to the Treasury, modestly lowering the deficit.
Taxpayers and national security interests are protected by restricting sales to foreign-owned buyers, reducing the risk of foreign control or influence over former federal property.
Taxpayers and federal operations may see revenue realized sooner because exempting certain procedural requirements can speed disposition of the properties.
Urban communities and local governments lose environmental, historic-preservation, and homelessness-impact reviews because sales are exempted from NEPA, NHPA, and McKinney-Vento protections, increasing risk of harmful redevelopment outcomes.
Federal employees and local governments could be forced into suboptimal or inadequate workspaces because agencies are prohibited from acquiring or leasing replacement property, potentially harming agency missions and service delivery.
Relocations required within 18 months will disrupt federal employees and could reduce productivity during the transition.
Based on analysis of 2 sections of legislative text.
Requires the General Services Administration (GSA) to vacate, consolidate, and sell six named underused federal buildings in Washington, D.C., within set timeframes and with sale restrictions. Agencies in those buildings must move within 18 months; GSA must sell each property at fair market value within two years after vacancy, deposit net proceeds into the Federal Buildings Fund as needed and the Treasury to reduce the deficit, and the sales are exempted from several environmental, historic-preservation, and homeless-assistance laws. Sales may not be made to foreign persons or entities with foreign beneficial owners.