House Approves Bill Requiring Ongoing Auction of Excess Buildings

March 21, 2012

Even in election-year hyperpartisan times such as these, there appears to be one issue both parties can rally behind: getting rid of excess federal property.

The House on Tuesday approved by a 403-0 vote a bill that would encourage the speedy sell-off of excess buildings.

The bill would require the government to put its 15 most valuable excess buildings up for auction. When one of the buildings sells, the General Services Administration and Office of Management and Budget would have 15 days to add a new property to the auction list. 

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