Us Congress 2023-2024 Regular Session

Us Congress House Bill HB388 Compare Versions

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Version 2 (New)

Old	New		Differences
	1	+	I
1	2		118THCONGRESS
2	3		1
3	4		STSESSION H. R. 388
4		-	AN ACT
	5	+	To amend title 40, United States Code, to eliminate the leasing authority
	6	+	of the Securities and Exchange Commission, and for other purposes.
	7	+	IN THE HOUSE OF REPRESENTATIVES
	8	+	JANUARY17, 2023
	9	+	Ms. N
	10	+	ORTONintroduced the following bill; which was referred to the
	11	+	Committee on Transportation and Infrastructure
	12	+	A BILL
5	13		To amend title 40, United States Code, to eliminate the
6	14		leasing authority of the Securities and Exchange Com-
7	15		mission, and for other purposes.
8	16		Be it enacted by the Senate and House of Representa-1
9		-	tives of the United States of America in Congress assembled, 2 2
10		-	•HR 388 EH
11		-	SECTION 1. SHORT TITLE. 1
12		-	This Act may be cited as the ‘‘Securities and Ex-2
13		-	change Commission Real Estate Leasing Authority Rev-3
14		-	ocation Act’’. 4
15		-	SEC. 2. LEASING OF SPACE FOR SECURITIES AND EX-5
16		-	CHANGE COMMISSION. 6
	17	+	tives of the United States of America in Congress assembled, 2
	18	+	SECTION 1. SHORT TITLE. 3
	19	+	This Act may be cited as the ‘‘Securities and Ex-4
	20	+	change Commission Real Estate Leasing Authority Rev-5
	21	+	ocation Act’’. 6
	22	+	VerDate Sep 11 2014 01:06 Jan 21, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H388.IH H388
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	24	+	•HR 388 IH
	25	+	SEC. 2. LEASING OF SPACE FOR SECURITIES AND EX-1
	26	+	CHANGE COMMISSION. 2
17	27		(a) I
18		-	NGENERAL.—Section 3304 of title 40, United 7
19		-	States Code, is amended by adding at the end the fol-8
20		-	lowing: 9
	28	+	NGENERAL.—Section 3304 of title 40, United 3
	29	+	States Code, is amended by adding at the end the fol-4
	30	+	lowing: 5
21	31		‘‘(e) L
22		-	EASING OFSPACE FORSECURITIES ANDEX-10
23		-	CHANGECOMMISSION.—Notwithstanding any other provi-11
24		-	sion of law, on and after the date of enactment of this 12
25		-	subsection, the Securities and Exchange Commission may 13
26		-	not lease general purpose office space. The Administrator 14
27		-	may lease such space for the Securities and Exchange 15
28		-	Commission under section 585 and this chapter.’’. 16
	32	+	EASING OFSPACE FORSECURITIES ANDEX-6
	33	+	CHANGECOMMISSION.—Notwithstanding any other provi-7
	34	+	sion of law, on and after the date of enactment of this 8
	35	+	subsection, the Securities and Exchange Commission may 9
	36	+	not lease general purpose office space. The Administrator 10
	37	+	may lease such space for the Securities and Exchange 11
	38	+	Commission under section 585 and this chapter.’’. 12
29	39		(b) L
30		-	IMITATION ONSTATUTORYCONSTRUCTION.— 17
31		-	The amendment made by subsection (a) may not be con-18
32		-	strued to invalidate or otherwise affect a lease entered into 19
33		-	by the Securities and Exchange Commission before the 20
34		-	date of enactment of this Act. 21
35		-	SEC. 3. INDEPENDENT LEASING AUTHORITIES. 22
	40	+	IMITATION ONSTATUTORYCONSTRUCTION.— 13
	41	+	The amendment made by subsection (a) may not be con-14
	42	+	strued to invalidate or otherwise affect a lease entered into 15
	43	+	by the Securities and Exchange Commission before the 16
	44	+	date of enactment of this Act. 17
	45	+	SEC. 3. INDEPENDENT LEASING AUTHORITIES. 18
36	46		(a) I
37		-	NGENERAL.—The Comptroller General of the 23
38		-	United States shall submit to the Committee on Transpor-24
39		-	tation and Infrastructure of the House of Representatives, 25
40		-	the Committee on Environment and Public Works of the 26 3
41		-	•HR 388 EH
42		-	Senate, and the Committee on Homeland Security and 1
43		-	Governmental Affairs of the Senate a report on the review 2
44		-	described in subsection (b). 3
45		-	(b) R
46		-	EVIEW.—The Comptroller General shall com-4
47		-	plete a review under which the Comptroller General shall 5
48		-	update the 2016 report of the Comptroller General (GAO– 6
49		-	16–648) with a specific focus on the following: 7
50		-	(1) Updating the information included in Ap-8
51		-	pendix II: Federal Entities That Reported Having 9
52		-	Independent Leasing Authority for Domestic Offices 10
53		-	and Warehouses of such report. 11
54		-	(2) Determining to what extent Federal entities 12
55		-	with independent leasing authorities have had such 13
56		-	authorities rescinded or amended and the number 14
57		-	and amount of office and warehouse space such enti-15
58		-	ties lease. 16
59		-	(3) Determining to what extent have agencies 17
60		-	with independent leasing authority utilized the Gen-18
61		-	eral Services Administration for leasing, including 19
62		-	utilization of delegation of authority. 20 4
63		-	•HR 388 EH
64		-	(4) Identifying progress made on implementing 1
65		-	the recommendations in such report. 2
66		-	Passed the House of Representatives January 25,
67		-	2023.
68		-	Attest:
69		-	Clerk. 118
70		-	TH
71		-	CONGRESS
72		-	1
73		-	ST
74		-	S
75		-	ESSION
76		-
77		-	H. R. 388
78		-	AN ACT
79		-	To amend title 40, United States Code, to eliminate
80		-	the leasing authority of the Securities and Ex-
81		-	change Commission, and for other purposes.
	47	+	NGENERAL.—The Comptroller General of the 19
	48	+	United States shall submit to the Committee on Transpor-20
	49	+	tation and Infrastructure of the House of Representatives, 21
	50	+	the Committee on Environment and Public Works of the 22
	51	+	Senate, and the Committee on Homeland Security and 23
	52	+	Governmental Affairs of the Senate a report on the review 24
	53	+	described in subsection (b). 25
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	56	+	•HR 388 IH
	57	+	(b) REVIEW.—The Comptroller General shall com-1
	58	+	plete a review under which the Comptroller General shall 2
	59	+	update the 2016 report of the Comptroller General (GAO– 3
	60	+	16–648) with a specific focus on the following: 4
	61	+	(1) Updating the information included in Ap-5
	62	+	pendix II: Federal Entities That Reported Having 6
	63	+	Independent Leasing Authority for Domestic Offices 7
	64	+	and Warehouses of such report. 8
	65	+	(2) Determining to what extent Federal entities 9
	66	+	with independent leasing authorities have had such 10
	67	+	authorities rescinded or amended and the number 11
	68	+	and amount of office and warehouse space such enti-12
	69	+	ties lease. 13
	70	+	(3) Determining to what extent have agencies 14
	71	+	with independent leasing authority utilized the Gen-15
	72	+	eral Services Administration for leasing, including 16
	73	+	utilization of delegation of authority. 17
	74	+	(4) Identifying progress made on implementing 18
	75	+	the recommendations in such report. 19
	76	+	Æ
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