[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7388 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 7388

To direct the Administrator of General Services to convene consultation 
     meetings to identify alternative financing solutions for the 
  construction of new public buildings that will reduce costs to the 
              Federal Government, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 5, 2026

 Mr. Burlison introduced the following bill; which was referred to the 
             Committee on Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL


 
To direct the Administrator of General Services to convene consultation 
     meetings to identify alternative financing solutions for the 
  construction of new public buildings that will reduce costs to the 
              Federal Government, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Smart Space Act of 2026''.

SEC. 2. PROJECT RECOMMENDATIONS.

    (a) Meetings and Consultations.--Not later than 90 days after the 
date of enactment of this Act, the Administrator of General Services 
shall convene consultation meetings to identify alternative financing 
solutions for the construction or renovation of public buildings, or 
necessary work to prepare such buildings for disposal that will reduce 
costs to the Federal Government.
    (b) Meetings.--In convening consultation meetings under subsection 
(a), the Administrator shall include--
            (1) experts related to private commercial real estate;
            (2) experts related to Federal real estate; and
            (3) if available, State real estate experts experienced 
        with leveraging private financing for public buildings and 
        facilities.
    (c) Report and Recommendations.--Not later than 120 days after the 
date of enactment of this Act, the Administrator shall submit to the 
President--
            (1) recommendations on types of public-private partnerships 
        and alternative financing methods best suited for meeting the 
        public building needs of the Federal Government; and
            (2) a list of recommended projects related to public 
        buildings for which such methods should be used with details on 
        which methods and types of public-private partnerships are 
        recommended for each project.
    (d) Recommended Project List.--In submitting a list of recommended 
projects under subsection (c)(2), the Administrator shall submit 
projects that the Administrator determines--
            (1) serve core missions of the Federal Government for which 
        maintaining the functions in federally owned space over the 
        long-term is critical;
            (2) will result in either consolidations or relocations of 
        Federal departments or agencies out of costly, inefficient, and 
        underutilized space that the Administrator intends to sell or 
        dispose of once vacated; and
            (3) with respect to standard office space, will result in 
        meeting a minimum building utilization of 60 percent or greater 
        as defined in section 2302 of the Thomas R. Carper Water 
        Resources Development Act of 2024 (40 U.S.C. 584 note).
    (e) Transparency.--
            (1) Report.--The Administrator shall submit the report 
        under subsection (c) to the Committee on Transportation and 
        Infrastructure in the House and the Committee on Environment 
        and Public Works in the Senate and make such report publicly 
        available on the website of the General Services 
        Administration.
            (2) Timeline.--The Administrator of General Services shall 
        maintain on the website of the General Services Administration 
        information on the process under this Act, including any 
        timelines and milestones.
            (3) Delays.--The Administrator shall report directly to the 
        President and Congress any delays with respect to the timing 
        and milestones described in paragraph (2).
            (4) Meetings.--Meetings pursuant to subsection (a) shall be 
        noticed and open to the public and shall not be subject to 
        chapter 10 of title 5, United States Code.
    (f) Project Approvals.--The President may direct the Administrator 
to proceed with any projects on the recommended project list, subject 
to future appropriations and subsections (g) and (i).
    (g) Prospectuses.--Projects described in subsection (c)(2) that are 
approved by the President shall be subject to section 3307 of title 40, 
United States Code, except that prospectuses for such projects shall be 
submitted to the Committees listed in subsection (e)(1) not later than 
30 days after approval by the President.
    (h) Accountability.--Any proposed types of alternative financing 
and public-private partnerships shall include terms and conditions that 
ensure accountability and performance.
    (i) Rule of Construction.--Nothing in this Act shall be construed 
as providing the Administrator of General Services any additional legal 
authorities beyond the authorities existing prior to enactment of this 
Act.
    (j) Definitions.--In this Act:
            (1) Alternate financing; public-private partnership.--The 
        terms ``alternate financing'' and ``public-private 
        partnership'' may include--
                    (A) agreements that reflect an obligation by a non-
                Federal entity to design, build, finance, operate, and 
                maintain an asset, or a combination thereof; and
                    (B) a ground-lease to a non-Federal party with a 
                subsequent lease back of the improvements.
            (2) Public building.--The term ``public building'' has the 
        meaning given such term in section 3301 of title 40, United 
        States Code.
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