H.R. 2220 became law 635 days after introduction, with cosponsors, all Republicans
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.
IntroducedMar 26, 2021
ReportedJul 28, 2021
Passed one chamberNov 4, 2021
Passed bothNov 30, 2022
LawDec 21, 2022
What it changes · CRS summary
Written by the Congressional Research Service [2]. 62 words.
This act 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 act applies to lease agreements that are entered into on or after January 1, 2021.
Context
- Committees
- House Transportation and Infrastructure Committee
Senate Environment and Public Works Committee - Policy area
- Government Operations and Politics: 580 of 5,914 bills became law, 113th–118th (9.8%)
- Sponsor
- 3 of 30 bills enacted since 2013
- Text versions
- 6, from enrolled bill to public law · 278 words
- Subjects
- Government buildings, facilities, and propertyPublic contracts and procurement
- Latest action
- Dec 21, 2022: Became Public Law No: 117-257.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 117th S. 946 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 R · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]