What This Bill Does · Plain English
Summary · Congress.gov
Securities and Exchange Commission Real Estate Leasing Authority Revocation Act This bill revokes the authority of the Securities and Exchange Commission (SEC) to lease general purpose office space and instead provides for the General Services Administration to lease such space for the SEC. The bill's provisions do not affect those leases entered into by the SEC before this bill's enactment. The Government Accountability Office must (1) complete a review under which it shall update a 2016 report with respect to independent leasing authorities, and (2) report to Congress on the review.
Action Timeline
2025-01-14
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-01-13
Motion to reconsider laid on the table Agreed to without objection.
2025-01-13
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H104)
2025-01-13
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H104)
2025-01-13
DEBATE - The House proceeded with forty minutes of debate on H.R. 189.
2025-01-13
Considered under suspension of the rules. (consideration: CR H104-105)
2025-01-13
Mr. Graves moved to suspend the rules and pass the bill.
2025-01-04
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
2025-01-03
Referred to the House Committee on Transportation and Infrastructure.
2025-01-03
Introduced in House
Frequently Asked Questions
Did HR.189 pass?
HR.189 is still alive. Current stage: COMMITTEE. Pass likelihood: 38%.
What does HR.189 do?
Securities and Exchange Commission Real Estate Leasing Authority Revocation Act This bill revokes the authority of the Securities and Exchange Commission (SEC) to lease general purpose office space and instead provides for the General Services Administration to lease such space for the SEC. The bill's provisions do not affect those leases entered into by the SEC before this bill's enactment. The Government Accountability Office must (1) complete a review under which it shall update a 2016 report with respect to independent leasing authorities, and (2) report to Congress on the review.
Who sponsored HR.189?
HR.189 was sponsored by Eleanor Holmes Norton (D-District of Columbia).
Full Bill Text
119 HR 189 EH: Securities and Exchange Commission Real Estate Leasing Authority Revocation Act U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 189 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 40, United States Code, to eliminate the leasing authority of the Securities and Exchange Commission, and for other purposes. 1. Short title This Act may be cited as the Securities and Exchange Commission Real Estate Leasing Authority Revocation Act . 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. 3. Independent leasing authorities (a) In general The Comptroller General of the United States shall submit to the Committee on Transportation and Infrastructure of the House of Representatives, the Committee on Environment and Public Works of the Senate, and the Committee on Homeland Security and Governmental Affairs of the Senate a report on the review described in subsection (b). (b) Review The Comptroller General shall complete a review under which the Comptroller General shall update the 2016 report of the Comptroller General (GAO–16–648) with a specific focus on the following: (1) Updating the information included in Appendix II: Federal Entities That Reported Having Independent Leasing Authority for Domestic Offices and Warehouses of such report. (2) Determining to what extent Federal entities with independent leasing authorities have had such authorities rescinded or amended and the number and amount of office and warehouse space such entities lease. (3) Determining to what extent have agencies with independent leasing authority utilized the General Services Administration for leasing, including utilization of delegation of authority. (4) Identifying progress made on implementing the recommendations in such report. Passed the House of Representatives January 13, 2025. Kevin F. McCumber, Clerk.
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