S.2173 - For Sale Act of 2025 (119th Congress)
Summary
The "For Sale Act of 2025" (S.2173) mandates the Administrator of General Services to sell specific underutilized Federal buildings. The bill requires federal agencies to vacate these buildings within 18 months of enactment. The sale must occur within two years of vacancy, prioritizing fair market value and prohibiting sales to foreign entities or those with foreign beneficial owners.
Expected Effects
The Act aims to consolidate federal agencies into fewer buildings, potentially reducing operational costs. Revenue generated from the sale of these properties will be used to cover implementation costs, with any remaining funds directed towards deficit reduction. The Act also exempts the sales from certain requirements, such as the McKinney-Vento Homeless Assistance Act and the National Environmental Policy Act.
Potential Benefits
- Potential reduction in government spending through consolidation and sale of assets.
- Funds directed towards deficit reduction could improve the nation's financial health.
- Development of the properties by private entities could stimulate local economies.
- The prohibition on sales to foreign entities could safeguard national interests.
- Streamlined processes due to exemptions from certain regulatory requirements.
Potential Disadvantages
- Displacement of federal employees and potential disruption of services during relocation.
- Loss of historically or architecturally significant buildings.
- Potential negative impacts on the local communities surrounding the sold buildings.
- Exemptions from environmental and homeless assistance requirements could raise ethical concerns.
- The short-term costs associated with relocation and implementation could offset initial gains.
Constitutional Alignment
The Act appears to align with the Constitution, particularly Article I, Section 8, which grants Congress the power to dispose of property belonging to the United States. The bill's focus on fiscal responsibility and efficient use of government resources also aligns with the general welfare clause of the Preamble. However, the exemptions from certain requirements, such as environmental regulations, could raise concerns about the government's duty to protect the environment for future generations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).