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- S.2888
S.2888: A bill to amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.
About This Bill
- Introduced Nov. 18, 2019
- Latest Major Action Nov. 18, 2019
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Nov. 18, 2019
Bill Summary
This bill modifies the authority of the General Services Administration to enter into building leases to accommodate federal agencies. Specifically, it allows any bargain-price option to purchase at less than fair market value contained in an agreement entered into on or after January 1, 2019, to be exercised only to the extent specifically provided for in subsequent Acts of Congress.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Nov. 18, 2019 |
Read twice and referred to the Committee on Environment and Public Works.
|
Nov. 18, 2019 |
Introduced in the Senate by James Lankford (R-Okla.) |