[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6245 Introduced in House (IH)]

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114th CONGRESS
  2d Session
                                H. R. 6245

To direct the Secretary of Veterans Affairs to sell Pershing Hall, and 
                          for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 28, 2016

 Mr. Duncan of Tennessee (for himself and Mr. LaMalfa) introduced the 
   following bill; which was referred to the Committee on Veterans' 
                                Affairs

_______________________________________________________________________

                                 A BILL


 
To direct the Secretary of Veterans Affairs to sell Pershing Hall, and 
                          for other purposes.

    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 ``Sell the VA's Hotel Act''.

SEC. 2. SALE BY DEPARTMENT OF VETERANS AFFAIRS OF PERSHING HALL.

    (a) Sale Required.--
            (1) In general.--The Secretary of Veterans Affairs shall 
        sell for fair market value Pershing Hall and transfer and 
        convey to the purchaser all right, title, and interest of the 
        United States in or to such property. The Secretary shall 
        determine fair market value based on an independent assessment 
        conducted by another department or agency of the Federal 
        Government or a nongovernmental entity. The Secretary may only 
        accept money as consideration for such sale.
            (2) Return of certain personal property.--When the 
        Secretary sells Pershing Hall pursuant to paragraph (1), the 
        Secretary shall return to the American Legion, a United States 
        Corporation, any personal property (including memorabilia 
        regarding General Pershing and the American Expeditionary 
        Forces in France during World War I) in the possession of the 
        Department of Veterans Affairs as of the date of the enactment 
        of this subsection that was located in Pershing Hall (or 
        otherwise associated with Pershing Hall) on the date of such 
        acquisition.
    (b) Funds.--The funds received by the Secretary pursuant to the 
sale of Pershing Hall under subsection (a) shall be deposited into the 
General Fund of the Treasury. Effective on the date of the sale of 
Pershing Hall authorized under subsection (a), the Pershing Hall 
Revolving Fund shall be abolished and the corpus of the fund, including 
accrued interest, shall be deposited in the General Fund of the 
Treasury.
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