H.R.2220: 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

Bill Cosponsors

2 (All Republicans)

Bill Versions

Bill Summary

This bill specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value) in a lease agreement for a federal building may be exercised only to the extent the option is specifically provided for in subsequent acts of Congress. The bill applies to lease agreements that are entered into on or after January 1, 2021.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with H.R.2220.

Bill Actions

Date Description
Dec. 16, 2022
Presented to President.
Dec. 1, 2022
Message on Senate action sent to the House.
Nov. 30, 2022

Passed Senate without amendment by Unanimous Consent.

Nov. 30, 2022

Senate Committee on Environment and Public Works discharged by Unanimous Consent.

Nov. 30, 2022

Passed Senate without amendment by Unanimous Consent. (consideration: CR S6912)

Nov. 15, 2021
Received in the Senate and Read twice and referred to the Committee on Environment and Public Works.
Nov. 4, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 4 (Roll no. 363).
Nov. 4, 2021
Considered as unfinished business.
Nov. 4, 2021
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 4 (Roll no. 363). (text: 11/3/2021 CR H6144)
Nov. 4, 2021
Considered as unfinished business. (consideration: CR H6200)
Nov. 4, 2021
Motion to reconsider laid on the table Agreed to without objection.
Nov. 3, 2021
Considered under suspension of the rules.
Nov. 3, 2021
Considered under suspension of the rules. (consideration: CR H6144; text: CR H6144)
Nov. 3, 2021
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Nov. 3, 2021
DEBATE - The House proceeded with forty minutes of debate on H.R. 2220.
Nov. 3, 2021
Mr. Pappas moved to suspend the rules and pass the bill.
Nov. 3, 2021
Considered under suspension of the rules. (consideration: CR H6144)
Nov. 1, 2021
Placed on the Union Calendar, Calendar No. 116.
Nov. 1, 2021
Reported by the Committee on Transportation and Infrastructure. H. Rept. 117-159.
July 28, 2021
Ordered to be Reported by Voice Vote.
July 28, 2021
Committee Consideration and Mark-up Session Held.
July 28, 2021
Subcommittee on Economic Development, Public Buildings, and Emergency Management Discharged.
March 29, 2021
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
March 26, 2021
Referred to the House Committee on Transportation and Infrastructure.
March 26, 2021

Introduced in the House by Michael Guest (R-Miss.)

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