To establish a pilot program for the expedited disposal of Federal real property.

Summary

Requires the Director of the Office of Management and Budget (OMB) to conduct a five-year Federal Real Property Disposal Pilot Program for the expedited disposal of real property that is not meeting federal government needs. Requires agencies to recommend candidate disposition properties to the Director. Prohibits 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.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 July 2007

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• Introduced in House (PDF)

  Introduced in House · EN · 16 July 2007

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• Introduced in House

  summary · EN · 16 July 2007

  Open at official source

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