Sponsors (2)
The bill increases transparency and planning data for federal real estate—helping Congress and agencies spot and potentially reduce waste—while imposing extra reporting workload on GSA and creating confidentiality and short-term market risks from public disclosure.
Taxpayers and Congress gain clearer, regular visibility into the federal real-estate portfolio (leases, square footage, costs, deferred maintenance, and disposal outcomes), enabling stronger oversight and the potential to identify and reduce wasted spending.
Federal agencies, facility managers, and contractors get better data on relocation plans, funding sources, and tenant requests, improving their ability to plan space use, relocations, and funding allocations.
GSA staff will face increased administrative burden to compile and publish detailed annual portfolio reports, diverting staff time and resources from other operations.
Government contractors, tenant agencies, and state/local governments may face confidentiality and privacy concerns because the reports require publishing top customers by square footage and annual rent.
Taxpayers, contractors, and market participants could see short-term leasing or market disruptions if disclosed disposal or relocation plans prompt premature reactions before plans are finalized.
Based on analysis of 1 section of legislative text.
Requires GSA to submit an annual, detailed report on the Public Building Service real estate portfolio to two congressional committees, including specified lease, occupancy, financial, and relocation data.
Official title: To direct the Administrator of General Services to submit a report to Congress on the state of the real estate portfolio of the Public Building Service, and for other purposes.
Introduced December 4, 2025 by Greg Stanton · Last progress March 25, 2026
Requires the Administrator of General Services to submit an annual report each year, due by January 31, to the House Committee on Transportation and Infrastructure and the Senate Committee on Environment and Public Works. The report must describe the prior calendar year’s Public Building Service real estate portfolio and include specified data elements about leases, occupancy, buildings owned, top customers, major projects, financial indicators, disposals, and relocation plans. The report must include 12 enumerated data elements such as counts and square footage of leased, occupied, and vacant spaces; counts of leases signed and terminated; number of buildings owned; top customers by square feet and annual rent; completed construction and major repair projects; space utilization and operating cost metrics; deferred maintenance liabilities; and details on disposals and relocation plans, including funding sources and tenant requests for relocation.