Sponsors (2)
The bill aims to reduce federal real-estate costs and raise Treasury receipts by rapidly selling six underused DC buildings while protecting against foreign purchasers, but it does so by cutting environmental and historic reviews, forcing agency relocations without guaranteed replacement space or immediate funding, and risking lower sales proceeds.
Taxpayers: Selling six underutilized federal buildings in DC and vacating them should reduce federal real-estate carrying costs and deposit net proceeds to the Treasury, helping lower the deficit pressure.
Taxpayers: Restricting sales to prevent foreign-government or foreign-controlled buyers reduces the risk of foreign control or influence over formerly federal properties.
Taxpayers and federal employees: Exempting certain procedural requirements for the dispositions may speed up sales and generate revenue sooner than under standard processes.
Urban communities and local governments: Exempting sales from NEPA, NHPA, and McKinney-Vento reviews removes environmental, historic-preservation, and homelessness-impact safeguards for redevelopment of the properties.
Federal employees and local governments: Prohibiting agencies from acquiring or leasing replacement property may force suboptimal workspace arrangements, hamper agency missions, and degrade public services.
Federal employees: Requiring agencies and staff to relocate within 18 months will cause disruption, relocation costs, and potential productivity loss during transition.
Based on analysis of 2 sections of legislative text.
Requires GSA to vacate and sell six specified underused federal buildings in Washington, D.C., within set timelines, exempts certain review laws, and directs sale proceeds to federal funds.
Introduced June 25, 2025 by Joni Ernst · Last progress June 25, 2025
Directs the General Services Administration (GSA) to vacate, consolidate, and sell six specified underused federal buildings in Washington, D.C.; agencies in those buildings must move to other federal space within 18 months and GSA must sell each building at fair market value within two years after vacancy. Sales are barred to foreign persons or entities with foreign beneficial owners, proceeds may be used to support implementation then deposited to the Treasury, and the law exempts these disposals from several federal review and historic-preservation requirements.