For Sale Act of 2025

119 S2173 IS: For Sale Act of 2025 U.S. Senate 2025-06-25 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. II 119th CONGRESS 1st Session S. 2173 IN THE SENATE OF THE UNITED STATES June 25 (legislative day, June 24), 2025 Ms. Ernst introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works A BILL To require the Administrator of General Services to sell certain Federal buildings, and for other purposes. 1. Short title This Act may be cited as the For Sale Act of 2025 . 2. Closure and sale of underutilized Federal buildings (a) Consolidation; sale (1) Consolidation Not later than 18 months after the date of enactment of this Act, any Federal agency located within a Federal building described in paragraph (2) as of that date of enactment shall vacate the applicable Federal building and relocate to another Federal building. (2) Sale Not later than 2 years after the vacancy of existing Federal agencies in accordance with paragraph (1), and subject to subsection (b)(2), the Administrator of General Services (referred to in this section as the Administrator ) shall sell for fair market value at highest and best use the following Federal buildings: (A) The Department of Agriculture South Building, located at 1400 Independence Avenue SW in Washington, DC. (B) The Hubert H. Humphrey Federal Building, located at 200 Independence Avenue SW in Washington, DC. (C) The Frances Perkins Federal Building, located at 200 Constitution Avenue NW in Washington, DC. (D) The James V. Forrestal Building, located at 1000 Independence Avenue SW in Washington, DC. (E) The Theodore Roosevelt Federal Building, located at 1900 E. Street NW in Washington, DC. (F) The Robert C. Weaver Federal Building, located at 451 7th Street SW in Washington, DC. (b) Prohibition on foreign ownership (1) Definitions In this subsection, the terms beneficial owner , foreign entity , and foreign person have the meanings given those terms in section 2 of the Secure Federal LEASEs Act ( 40 U.S.C. 585 note; Public Law 116–276 ). (2) Prohibition In conducting the sale required under subsection (a)(2), the Administrator may not sell any Federal building described in that subsection to any foreign person, any foreign entity, or any entity of which a foreign person is a beneficial owner. (c) Net proceeds (1) In general Of the net proceeds received from the sale required under subsection (a)(2)— (A) such amount as may be required to implement this section, as determined by the Administrator, shall be deposited into an account in the Federal Buildings Fund established by section 592(a) of title 40, United States Code (referred to in this subsection as the Fund ); and (B) any additional amounts after the deposit required under subparagraph (A) shall be deposited into the general fund of the Treasury for purposes of reducing the deficit. (2) Future appropriation On deposit of amounts into the Fund under paragraph (1)(A), those amounts may be expended only subject to a specific future appropriation. (d) Prohibition on additional property acquisition No other building or property may be purchased or leased by the Administrator or any Federal agency or department on a short-term or long-term basis as part of the closing or consolidation of the Federal agencies impacted by the sale required under subsection (a)(2). (e) Exemption from certain requirements The sale required under subsection (a)(2) shall be exempt from the requirements of— (1) section 501 of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11411 ); (2) the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq. ); (3) division A of subtitle III of title 54, United States Code (formerly known as the National Historic Preservation Act ); and (4) chapters 5 and 87 of title 40, United States Code.