SMART Leasing Act
Latest action · Aug 6, 2024 Held at the desk.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 1, 2023
- Passed SenateAug 1, 2024
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Saving Money and Accelerating Repairs Through Leasing Act or the SMART Leasing Act
This bill authorizes the General Services Administration (GSA) to establish a pilot program that allows federal agencies to lease underutilized properties with GSA approval and to use the rent payments to reduce the deficit and help fund capital projects and facilities maintenance.
The GSA may not enter into a lease unless it certifies that the lease will not have a negative impact on its mission or that of the applicable federal agency.
The bill provides for a maximum of six leases under the program during each fiscal year, with a term of up to 15 years.
Of collected funds that are not used to cover costs in connection with the lease, 50% shall be deposited in a working capital account and remain available until expended for maintenance, capital revitalization, and improvements, and 50% deposited in the Treasury's general fund for deficit reduction.
The GSA may not enter into a lease under the pilot program with any individual or entity that
- intends to carry out, under the lease, activities that are illegal to conduct in federal facilities or under federal law or activities for which federal funding is prohibited;
- is a political organization;
- is owned, operated, or controlled by a foreign government; or
- received any federal grant, contract, or award from the applicable federal agency engaged in the lease that is still in the performance period.
No lease entered into under the pilot program may be used to carry out lobbying activities.
Cosponsors 3
Members who signed on, in the order they did. All signed on Feb 1, 2023.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OK | James Lankford | Original | Feb 1, 2023 |
| R-MO | Josh Hawley | Original | Feb 1, 2023 |
| I-AZ | Kyrsten Sinema | Original | Feb 1, 2023 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Homeland Security and Governmental Affairs Committee | Referred Feb 1, 2023Markup Mar 29, 2023Reported May 30, 2023 |
Actions 9
Everything that happened, newest first.
- Aug 6, 2024Received in the House.
- Aug 6, 2024Held at the desk.
- Aug 2, 2024Message on Senate action sent to the House.
- Aug 1, 2024Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent. (consideration: CR S5835-5836; text: CR S5835-5836)
- May 30, 2023Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 118-35.
- May 30, 2023Placed on Senate Legislative Calendar under General Orders. Calendar No. 81.
- Mar 29, 2023Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Feb 1, 2023Introduced in Senate
- Feb 1, 2023Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S5835Text printed S5835Amendments S5835 | Cory A. Booker D-NJ (amendment) | Aug 1, 2024 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- May 23, 2023S. 211, SMART Leasing ActAs ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on March 29, 2023
Titles 7
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to authorize the Administrator of General Services to establish an enhanced use lease pilot program, and for other purposes.
- Short Title(s) as Introduced
- SMART Leasing Act
- Saving Money and Accelerating Repairs Through Leasing Act
- Short Title(s) as Reported to Senate
- SMART Leasing Act
- Saving Money and Accelerating Repairs Through Leasing Act
- Short Title(s) as Passed Senate
- SMART Leasing Act
- Saving Money and Accelerating Repairs Through Leasing Act
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 3
Each version as it was printed, newest first.
- Aug 1, 2024Engrossed in Senate
- May 30, 2023Reported to Senate
- Feb 1, 2023Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
