[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 623 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 623

To amend the Public Buildings Act of 1959 concerning the calculation of 
                     public building transactions.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 5, 1997

Mr. Traficant introduced the following bill; which was referred to the 
             Committee on Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL


 
To amend the Public Buildings Act of 1959 concerning the calculation of 
                     public building transactions.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PUBLIC BUILDING TRANSACTIONS.

    Section 7 of the Public Buildings Act of 1959 (40 U.S.C. 606) is 
amended by adding at the end the following new subsection:
    ``(g) Calculation of Transactions.--For purposes of calculating 
public building transactions, any contract entered into by the 
Administrator under this Act for the purchase, lease-purchase, or lease 
of a public building approved pursuant to subsection (a) shall be 
treated in the same manner as if the contract was entered into 
immediately prior to fiscal year 1991.''.
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