[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 665 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 665

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 11, 2011

Mr. Chaffetz (for himself, Ms. Foxx, Mr. Jones, Mr. Brady of Texas, Mr. 
Huelskamp, Mr. Womack, Mr. Campbell, Mr. Gingrey of Georgia, Mr. Flake, 
 Mr. Crawford, Mr. Price of Georgia, Mr. Bishop of Utah, Mr. Lamborn, 
 Mr. Issa, Mr. Fleming, Mr. Herger, Mr. Wilson of South Carolina, Mr. 
Roe of Tennessee, Mr. Kline, Mrs. Blackburn, Mr. Marchant, Mr. Flores, 
  and Mr. Burton of Indiana) introduced the following bill; which was 
      referred to the Committee on Oversight and Government Reform

_______________________________________________________________________

                                 A BILL


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

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Excess Federal Building and Property 
Disposal Act of 2011''.

SEC. 2. FEDERAL REAL PROPERTY DISPOSAL PILOT PROGRAM.

    (a) In General.--Chapter 5 of subtitle I of title 40, United States 
Code, is amended by adding at the end the following:

         ``SUBCHAPTER VII--EXPEDITED DISPOSAL OF REAL PROPERTY

``Sec. 621. Pilot program
    ``(a) In General.--The Director of the Office of Management and 
Budget (in this subchapter referred to as the `Director') shall conduct 
a pilot program, to be known as the `Federal Real Property Disposal 
Pilot Program', under which real property that is not meeting Federal 
Government needs may be disposed of in accordance with this subchapter.
    ``(b) Criteria for Pilot Program.--For purposes of this subchapter, 
the Director shall identify criteria for determining whether real 
property is not meeting Federal Government needs.
    ``(c) Disposal.--During the period beginning October 1, 2011, and 
ending September 30, 2020, the Director shall dispose of real property 
sufficient to generate proceeds of not less than $19,000,000,000 under 
the Federal Real Property Disposal Pilot Program.
    ``(d) Exception.--The Director shall not include for purposes of 
the Federal Real Property Pilot Program any parcel of real property, 
building, or other structure located on such real property that is to 
be closed or realigned under the Defense Base Closure and Realignment 
Act of 1990 (10 U.S.C. 2687 note).
    ``(e) Termination.--The Federal Real Property Disposal Pilot 
Program shall terminate on September 30, 2020.
``Sec. 622. Selection of real properties
    ``Agencies will recommend candidate disposition properties to the 
Director for participation in the pilot program. The Director, with the 
concurrence of the head of the executive agency concerned and 
consistent with the criteria established in section 621, may then 
select such candidate properties for participation in the pilot program 
and notify the recommending agency accordingly.
``Sec. 623. Expedited disposal requirements
    ``(a) Expedited Disposal of a Real Property Defined.--For purposes 
of the pilot program, an `expedited disposal of a real property' is a 
sale of real property for cash that is conducted pursuant to the 
requirements of section 545 of this title.
    ``(b) Fair Market Value Requirement.--Real property sold under the 
pilot program must be sold at not less than the fair market value as 
determined by the Director in consultation with the head of the 
executive agency. Costs associated with disposal may not exceed the 
fair market value of the property unless the Director approves 
incurring such costs.
    ``(c) Monetary Proceeds Requirement.--A real property may be sold 
under the pilot program only if the property will generate monetary 
proceeds to the Federal Government, as provided in subsection (b). A 
disposal of real property under the pilot program may not include any 
exchange, trade, transfer, acquisition of like-kind property, or other 
non-cash transaction as part of the disposal.
    ``(d) Rule of Construction.--Nothing in this subchapter shall be 
construed as terminating or in any way limiting authorities that are 
otherwise available to agencies under other provisions of law to 
dispose of Federal real property, except as provided in subsection (e).
    ``(e) Exemption From Certain Requirements.--Any expedited disposal 
of a real property conducted under this section shall not be subject 
to--
            ``(1) subchapter IV of this chapter;
            ``(2) sections 550 and 553 of this title;
            ``(3) section 501 of the McKinney-Vento Homeless Assistance 
        Act (42 U.S.C. 11411);
            ``(4) any other provision of law authorizing the no-cost 
        conveyance of real property owned by the Federal Government; or
            ``(5) any congressional notification requirement other than 
        that in section 545 of this title.
``Sec. 624. Special rules for deposit and use of proceeds from 
              expedited disposals
    ``(a) Reimbursement.--Agencies that conduct expedited disposals of 
real properties under this subchapter shall be reimbursed from the 
proceeds for the administrative expenses associated with the disposal 
of such properties. Such amounts will be credited as offsetting 
collections to the account that incurred such expenses, to remain 
available until expended without further appropriations.
    ``(b) Distribution of Proceeds.--After payment of such 
administrative costs, the balance of the proceeds shall be distributed 
as follows:
            ``(1) Eighty percent shall be deposited into the Treasury 
        as miscellaneous receipts.
            ``(2) Twenty percent shall be deposited into the account of 
        the agency that owned the real property and initiated the 
        disposal action. Such funds shall be available without further 
        appropriation, to remain available for the period of the pilot 
        program, for activities related to Federal real property 
        capital improvements and disposal activities. Upon termination 
        of the pilot program, any unobligated amounts shall be 
        transferred to the general fund of the Treasury.''.
    (b) Clerical Amendment.--The table of sections at the beginning of 
chapter 5 of subtitle I of title 40, United States Code, is amended by 
inserting after the item relating to section 611 the following:

          ``subchapter vii--expedited disposal of real property

``Sec. 621. Pilot program.
``Sec. 622. Selection of real properties.
``Sec. 623. Expedited disposal requirements.
``Sec. 624. Special rules for deposit and use of proceeds from 
                            expedited disposals.''.
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