[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1468 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 1468

    To amend title 40, United States Code, to eliminate the leasing 
  authority of the Securities and Exchange Commission, and for other 
                               purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 1, 2021

  Ms. Norton introduced the following bill; which was referred to the 
             Committee on Transportation and Infrastructure

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                                 A BILL


 
    To amend title 40, United States Code, to eliminate the leasing 
  authority of the Securities and Exchange Commission, 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 ``Securities and Exchange Commission 
Real Estate Leasing Authority Revocation Act''.

SEC. 2. LEASING OF SPACE FOR SECURITIES AND EXCHANGE COMMISSION.

    (a) In General.--Section 3304 of title 40, United States Code, is 
amended by adding at the end the following:
    ``(e) Leasing of Space for Securities and Exchange Commission.--
Notwithstanding any other provision of law, on and after the date of 
enactment of this subsection, the Securities and Exchange Commission 
may not lease general purpose office space. The Administrator may lease 
such space for the Securities and Exchange Commission under section 585 
and this chapter.''.
    (b) Limitation on Statutory Construction.--The amendment made by 
subsection (a) may not be construed to invalidate or otherwise affect a 
lease entered into by the Securities and Exchange Commission before the 
date of enactment of this Act.
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