H.R. 3614 · 115th Congress
Guaranteed COLA Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PoliquinSponsorNo cosponsors.
This bill directs the General Services Administration (GSA) to sell buildings owned by the federal government that are not utilized. GSA must identify all such buildings and sell them not later than five years after they have been identified. The bill exempts buildings that have been set aside for preservation or historic purposes.
What it does: CRS summary · Introduced in House · Jul 28, 2017
Guaranteed COLA Act
This bill directs the General Services Administration (GSA) to sell buildings owned by the federal government that are not utilized. GSA must identify all such buildings and sell them not later than five years after they have been identified. The bill exempts buildings that have been set aside for preservation or historic purposes.
The bill requires the net revenues from the sale of such buildings to be made available to increase the cost-of-living adjustments to: (1) social security retirement benefits, and (2) retirement benefits for members and former members of the Armed Forces.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Guaranteed COLA Act
Latest action (Oct 17, 2017): Referred to the Subcommittee on Military Personnel.
Policy area: Government Operations and Politics · Origin: House · Introduced: Jul 28, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.