Sponsors (2)
The bill increases transparency and planning data for federal real estate—helping identify savings and improve space management—while imposing extra administrative work and creating confidentiality and short‑term market‑disruption risks from public disclosures.
Taxpayers and the federal budget gain clearer visibility into GSA-held leases, costs, and deferred maintenance through required annual portfolio metrics, enabling Congress and the public to spot inefficiencies and opportunities to reduce federal real estate spending.
Federal agencies and facility managers get better data (relocation plans, funding sources, tenant disposition requests) to plan relocations, right-size space, and coordinate disposals, improving operational decision‑making and space use.
Congress and oversight bodies receive standardized, timely portfolio information that improves accountability of GSA property management to legislators and taxpayers.
Tenant agencies, contractors, and state/local governments may face confidentiality or security concerns because publishing top customers by square feet and annual rent exposes detailed occupancy and cost data.
Detailed disclosure of planned disposals, relocations, or lease terminations could prompt short‑term market or leasing disruptions if stakeholders act on preliminary information, potentially increasing costs or disrupting services for taxpayers and contractors.
GSA staff will face increased administrative burden to compile detailed annual reports, diverting time and resources from other operational responsibilities.
Based on analysis of 1 section of legislative text.
Requires GSA to deliver an annual January 31 report to Congress detailing the prior year’s Public Buildings Service portfolio with specified inventory, financial, and relocation data.
Requires the Administrator of General Services to send Congress an annual report, due by January 31 each year, on the prior calendar year’s Public Buildings Service real estate portfolio. The report must provide a set list of data points about leases, owned buildings, space use and vacancy, major projects, financial indicators (including operating costs and deferred maintenance liabilities), disposition actions, and relocation plans for space being disposed of or lease non‑renewals.
Introduced December 4, 2025 by Greg Stanton · Last progress March 25, 2026