S. 3031 · 115th Congress
Federal Personal Property Management Act of 2018
Law · 115-419 · Jan 3, 2019Key: what the circles and colors mean
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5 cosponsors · 2 D, 3 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Jun 7, 2018
- Senate Passed Dec 12, 2018
- House Passed Dec 21, 2018 383–1
- President To the President Dec 27, 2018
- President Signed Jan 3, 2019
- Law Jan 3, 2019
Each executive agency, in accordance with guidance from the GSA, must annually inventory and assess capitalized personal property in identifying excess property under the agency's control. Capitalized personal property items include those recorded on an agency's general ledger records as major investments or assets.
What it does: CRS summary · Public Law · Jan 3, 2019
Federal Personal Property Management Act of 2018
(Sec. 2 ) This bill requires the executive agencies and the General Services Administration (GSA) to carry out the following activities with respect to federal personal property management.
Each executive agency, in accordance with guidance from the GSA, must annually inventory and assess capitalized personal property in identifying excess property under the agency's control. Capitalized personal property items include those recorded on an agency's general ledger records as major investments or assets.
Each agency must also regularly inventory and assess accountable personal property under its control.
GSA may establish separate thresholds for acquisitions of personal property for which affected agencies shall capitalize and for which they shall establish and maintain property records in a centralized system.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Federal Personal Property Management Act of 2018
Latest action (Jan 3, 2019): Became Public Law No: 115-419.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Jun 7, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- Senate Introduced Jun 7, 2018
- Senate Passed Dec 12, 2018
- House Passed Dec 21, 2018 383–1
- President To the President Dec 27, 2018
- President Signed Jan 3, 2019
- Law Jan 3, 2019
Final vote · House · Dec 21, 2018
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Paul D. Ryan