Securities and Exchange Commission Real Estate Leasing Authority Revocation Act
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Topic: Government Operations and Politics
Sponsor: Del. Norton, Eleanor Holmes [D-DC] (D) - DC
Summary
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.
Legislative Subjects
Administrative law and regulatory procedures; Government Operations and Politics; Government buildings, facilities, and property; Lease and rental services; Public contracts and procurement; Securities and Exchange Commission (SEC)
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-01-14
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