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A bill to amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.
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vs 5,357 other S bills in the 117th — cohort avg 38d
This bill specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value) in a lease agreement for a federal building may be exercised only to the extent the option is specifically provided for in subsequent acts of Congress. The bill applies to lease agreements that are entered into on or after January 1, 2021.
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Filing registrants (1)
2023 · third_quarter · Energy/Nuclear
H.R. 5376 Inflation Reduction Act of 2022 [117th Congress] H.R. 1, Lowering Lower Energy Costs Act Federal leasing processes and funding for renewable energy programs at Interior, Commerce, FPISC S.946 - SITE Act S.373 - RISEE Act H.R. 2741 - Coast Guard Authorization Act of 2023 Clean Electricity and Transmission Acceleration Act Outer Continental Shelf Lands Act
Client expense: $270,000 · Firm income: Not reported
Read twice and referred to the Committee on Environment and Public Works.
Introduced in Senate
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Sources: Congress.gov
Government targets: Commerce, Dept of (DOC), Energy, Dept of, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE, Treasury, Dept of