S. 2793 · 117th Congress
SMART Leasing Act
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Passed the Senate without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 117th Congress ended.
D
PetersSponsor3 cosponsors · 1 D, 2 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Sep 22, 2021
- Senate Passed Dec 15, 2022
Saving Money and Accelerating Repairs Through Leasing Act or the SMART Leasing Act
What it does: CRS summary · Passed Senate · Dec 15, 2022
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 help fund capital projects and facilities maintenance.
The GSA may not enter into a lease under the pilot program 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SMART Leasing Act
Also known as: Saving Money and Accelerating Repairs Through Leasing Act
Latest action (Dec 20, 2022): Held at the desk.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Sep 22, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Sep 22, 2021
- Senate Passed Dec 15, 2022
No recorded floor vote found.