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United States · Resolution · HRES

H.Res. 265 (97th)

A resolution relating to the management of United States assets.

openUnited States· United States Congress· EN

Introduced

5 November 1981

Last action

Status

Subcommittee Hearings Held.

Sponsors

Subjects

Discovery layer

Source updated

4 February 2025

Summary

Declares that it is the sense of the House of Representatives that: (1) the United States must manage its assets in a manner more prudent and beneficial to the interests of the American people; (2) all executive branch agencies should inventory their assets, estimate the approximate value of each asset, and identify the uses to which each asset is put; (3) the President should then identify which assets are surplus to Federal needs and should be candidates for liquidation; (4) the President should submit recommendations to Congress on any legislative and administrative revisions that may be needed to carry out such a program of liquidation in an orderly manner; (5) the receipts of this program should be used only to restrain and ultimately reduce the national debt; and (6) the Comptroller General should investigate and recommend to Congress and each agency improved processes for managing Federal assets, estimating their value, and liquidating those which are unneeded.

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Documents

1 official file

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Sources

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