GovTrack’s Bill Summary
We don’t have a summary available yet.
The bill’s title was written by its sponsor. H.R. stands for House of Representatives bill.
This bill was introduced in a previous session of Congress and was passed by the House on March 20, 2012 but was never passed by the Senate.
Last updated Mar 21, 2012.
|Referred to Committee|
|Reported by Committee|
To establish a pilot program for the expedited disposal of Federal real property.
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No summaries available.
Click a format for a citation suggestion:
H.R. 665--112th Congress: Excess Federal Building and Property Disposal Act of 2012. (2011). In www.GovTrack.us. Retrieved March 7, 2014, from http://www.govtrack.us/congress/bills/112/hr665
“H.R. 665--112th Congress: Excess Federal Building and Property Disposal Act of 2012.” www.GovTrack.us. 2011. March 7, 2014 <http://www.govtrack.us/congress/bills/112/hr665>
|title=H.R. 665 (112th)
|accessdate=March 7, 2014
|author=112th Congress (2011)
|date=February 11, 2011
|quote=Excess Federal Building and Property Disposal Act of 2012
We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
This summary can be found at http://www.gop.gov/bill/112/2/hr665.
The Congressional Research Service estimates the federal government holds more than 10,000 excess properties. The Government Accountability Office has further estimated the federal government holds more than 45,000 underutilized properties. Continued ownership of these excess and underutilized structures places an undue burden on the federal budget and taxpayers, as these properties cost federal taxpayers $1.66 billion in operating and maintenance costs in FY2009.
Unlike previously considered property legislation, H.R. 665 would not rely on future Congressional action for buildings to be disposed. The reforms of H.R. 665 can coexist with bureaucracies other bills would create.
H.R. 665 would improve the existing disposal apparatus so that excess federal buildings can more quickly be removed from federal control. Specifically, the bill would create a five-year pilot program that would expedite the disposal of the most profitable properties by removing red tape. Under the pilot, 98 percent of proceeds would be directed to the U.S. Treasury for debt reduction, with the other two percent going toward a grant program for homeless assistance providers. The bill would prohibit the inclusion of any parcel of real property, building, or other structure located on real property that is to be closed or realigned under the Defense Base Closure and Realignment Act of 1990.
The bill would prohibit real property from being sold under the program: (1) for less than fair market value, (2) if it will not generate monetary proceeds to the federal government exceeding disposal costs, or (3) in a non-cash transaction.
The bill would also permanently modernize the existing disposal process by reducing administrative overhead; creating new agency incentives; and requiring greater accountability from the property disposal apparatus. These reforms would increase transparency and empower agencies to promptly dispose of unneeded federal property.
The bill would insure that the reforms included would not depend on future Congressional action. Once signed into law, Congress would be removed from the equation.
No CBO score is available for H.R. 665 at press time.
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.
The bill contains the following citations to other parts of U.S. law:
The United States Code is the compilation of general and permanent laws enacted by Congress. Laws that are not permanent in nature, law that affect a single individual, family, or small group, regulations, case law, state law, and local law do not appear in the United States Code.