Sponsors (2)
The bill increases transparency and data-driven management of federal real property to enable potential cost savings and stronger oversight, while imposing administrative costs, disclosure risks for tenant agencies, and a risk of disruptive relocations if actions are not properly funded or phased.
Federal agencies and facility managers will have clearer, standardized data on space usage and costs so they can better plan relocations, consolidate space, and reduce wasted real estate.
Taxpayers could see reduced costs over time because annual tracking of disposals, lease terminations, and cost-avoidance measures makes it more likely agencies will identify and realize savings.
Taxpayers and federal employees will gain greater transparency and congressional oversight of GSA real property decisions, which can reduce mismanagement and improve accountability.
Federal employees and agency managers will face increased administrative work to prepare the detailed annual report, diverting staff time and resources from other operations.
Federal tenant agencies and state/local governments could suffer reputational harm or weaker bargaining positions if tenant-level rent and square-footage data are disclosed publicly.
Taxpayers and federal employees could face short-term disruptions to agency operations or public services if increased reporting prompts relocations or property disposals without sufficient funding or transition planning.
Based on analysis of 1 section of legislative text.
Requires the General Services Administration (GSA) Administrator to deliver an annual report by January 31 to two Congressional committees on the previous calendar year’s Public Building Service real estate portfolio. The report must provide 12 specific data points and plans, including lease activity, counts and square footage of owned and leased space, vacancy, top customers by space and rent, completed construction and major repairs, financial and utilization metrics, deferred maintenance liabilities, identified property dispositions, and relocation plans (with funding sources and tenant requests). The goal is regular, standardized transparency for Congress about federal real estate holdings, costs, disposal activity, and planned relocations. The requirement creates an annual administrative reporting duty for GSA and gives Congress a consistent dataset for oversight and planning.
Introduced December 4, 2025 by Greg Stanton · Last progress March 25, 2026