Bill · S. 2173· Senate(119-S-2173)
For Sale Act of 2025
- Introduced
- 6/25/2025
- Last activity
- 6/25/2025 — Read twice and referred to the Committee on Environment and Public Works.
- Sponsored by
- Joni Ernst
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The "For Sale Act of 2025" directs the Administrator of General Services to sell specific Federal buildings in Washington, DC. Federal agencies must vacate these buildings and relocate to other Federal buildings within 18 months of the Act's enactment. Once vacant, the Administrator is required to sell the buildings at fair market value for their highest and best use within two years. The bill prohibits selling these properties to foreign persons, foreign entities, or entities with foreign beneficial owners. Net proceeds are to be used first to cover implementation costs through the Federal Buildings Fund, with any remaining funds going to the Treasury to reduce the deficit. Additionally, the Act prohibits the purchase or lease of new property as part of this consolidation process.
Yes
Does this reduce what the federal government owes?+5
The bill directs net proceeds from building sales to the Treasury to reduce the deficit.
Does this make the government pay for what it commits to?+5
By selling underutilized assets, the bill aims to improve fiscal management.
Does this reduce what the federal government spends?+4
The act reduces spending by consolidating federal agencies into fewer buildings.
The opposite· 3 of 4
Does this better protect air, water and wildlife?-7
The bill specifically exempts the required sales from the National Environmental Policy Act.
Is this likely to reduce homelessness?-5
The bill exempts the sale of these buildings from requirements intended to assist the homeless.
Does this better protect public land such as parks and forests?-3
The bill exempts these properties from the National Historic Preservation Act.
Who it would affect, and how
Potential Positive Impacts for People
-
Deficit Reduction: Any net proceeds from the sale remaining after implementation costs are deposited into the general fund of the Treasury specifically for the purpose of reducing the deficit (Section 2(c)(1)(B)).
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Restriction of Foreign Ownership: The bill ensures that the specified Federal buildings cannot be sold to foreign persons, foreign entities, or entities with a foreign beneficial owner (Section 2(b)(2)).
Potential Negative Impacts for People
-
Exemption from Environmental and Historic Protections: The sale of these buildings is exempt from the National Environmental Policy Act and the National Historic Preservation Act (Section 2(e)(2) and Section 2(e)(3)).
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Exemption from Homeless Assistance Requirements: The required sales are exempt from the requirements of section 501 of the McKinney-Vento Homeless Assistance Act (Section 2(e)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Fiscal Responsibility+5Reduces National Debt+5Reduces Government Spending+4
- Environment Energy And Infrastructure
- Improves Environmental Protections-7Improves Public Land Management-3
- Social Issues And Justice
- Reduces Homelessness-5
- Demographic And Interest Groups
- Good For Low Income Households-2
- 7/8/2025
- 1 Cosponsor added.
- 6/25/2025
- Read twice and referred to the Committee on Environment and Public Works.
- Introduced in Senate
James LankfordRepublican · Oklahoma