H.R. 7319House115th Congress (2017-2019)Enacted

To amend the Federal Assets Sale and Transfer Act of 2016 to provide flexibility with respect to the leaseback of certain Federal real property, and for other purposes.

Introduced December 17, 2018

AI-Generated Summary

Updated April 16, 2026 at 12:42 AM UTC

This bill amends the Federal Assets Sale and Transfer Act of 2016 to tighten rules on leasebacks of federal real estate. It limits leasebacks to a maximum of three years, bans extensions, allows only one leaseback per sale, and restricts leasebacks to temporary agency use that aids the property’s sale. The changes affect any federal agency that sells and then leases back its property.

Key Provisions

  • Adds a rule that a leaseback of sold federal real property cannot last longer than three years.
  • Requires any leaseback to end on or before the last day of the three‑year period that starts on the sale date.
  • Prohibits leasebacks from including options to extend or renew the lease.
  • Limits a leaseback to a single occurrence, only to temporarily house the federal agency that owned the property at the time of sale.
  • Specifies that the leaseback may be used only to help facilitate the sale of the property.

Legislative Activity

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16 earlier actions
Became Law Latest Action

Became Public Law No: 115-438.

January 14, 2019

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HouseIntro Referral

Introduced in House

December 17, 2018

HouseIntro Referral

Referred to the House Committee on Transportation and Infrastructure.

December 17, 2018

HouseCommittee

Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.

December 18, 2018

HouseFloor

Mr. Mast moved to suspend the rules and pass the bill.

December 21, 2018 • 9:12 AM

HouseFloor

Considered under suspension of the rules. (consideration: CR H10515)

December 21, 2018 • 9:12 AM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 7319.

December 21, 2018 • 9:12 AM

HouseFloor

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

December 21, 2018 • 9:14 AM

HouseFloor

Considered as unfinished business. (consideration: CR H10533-10534)

December 21, 2018 • 10:18 AM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 372 - 1 (Roll no. 476).(text: CR H10515)

December 21, 2018 • 10:22 AM

HouseFloor

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 372 - 1 (Roll no. 476). (text: CR H10515)

December 21, 2018 • 10:22 AM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

December 21, 2018 • 10:22 AM

SenateIntro Referral

Received in the Senate, read twice.

December 21, 2018

SenateFloor

Passed Senate without amendment by Unanimous Consent. (consideration: CR S8025)

December 22, 2018

SenateFloor

Message on Senate action sent to the House.

December 22, 2018

President

Presented to President.

January 2, 2019

Became Law

Signed by President.

January 14, 2019

Became Law

Became Public Law No: 115-438.

January 14, 2019

Floor Debate

10 members

What members said about H.R. 7319 on the floor

6 Republicans4 Democrats
Eric Swalwell
Rep. Eric SwalwellD-CA-15 · Dec 21, 2018

Mr. Speaker, I missed some votes on Wednesday, December 19, all votes on Thursday, December 20, and some votes today. Had I been present, I would have voted as follows: Roll Call Vote Number 440…

F. James Sensenbrenner, Jr.
Rep. F. James Sensenbrenner, Jr.R-WI-5 · Dec 21, 2018

Mr. Speaker, due to unavoidable circumstances, I was physically absent from the House of Representatives on December 21, 2018. On that day, I missed 9 recorded votes. I submit for the Record how I…

Peter J. Visclosky
Rep. Peter J. ViscloskyD-IN-1 · Dec 21, 2018

Mr. Speaker, on December 21, 2018, I was absent from the House and missed rollcall votes 474, 475, and 476. Had I been present for rollcall 474, on Motion to Suspend the Rules and Pass H. Res. 1063,…

Brian J. Mast
Rep. Brian J. MastR-FL-18 · Dec 21, 2018

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 7319) to amend the Federal Assets Sale and Transfer Act of 2016 to provide flexibility with respect to the leaseback of certain…

Dina Titus
Rep. Dina TitusD-NV-1 · Dec 21, 2018

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I also rise in support of H.R. 7319. This bill addresses an issue which has come up since the enactment of FASTA in the last…

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Bob Goodlatte
Rep. Bob GoodlatteR-VA-6 · Dec 21, 2018

Mr. Speaker, I was unavoidably detained. Had I been present, I would have voted ``yea'' on rollcall No. 475, ``yea'' on rollcall No. 476, ``yea'' on rollcall No. 477, ``yea'' on rollcall No. 478,…

Mitch McConnell
Sen. Mitch McConnellR-KY · Dec 22, 2018

Mr. President, I ask unanimous consent that the Senate proceed to the immediate consideration of H.R. 7319, which was received from the House. I ask unanimous consent that the bill be considered read…

Joseph D. Morelle
Rep. Joseph D. MorelleD-NY-25 · Dec 21, 2018

Mr. Speaker, I regrettably missed the vote on S. 3191, the Civil Rights Cold Case Records Collection Act, on Friday, December 21, 2018. I had intended to vote ``yes'' on rollcall vote No. 482.

Martha Roby
Rep. Martha RobyR-AL-2 · Dec 21, 2018

Mr. Speaker, I was unavoidably detained. Had I been present, I would have voted ``yea'' on rollcall No. 474, ``yea'' on rollcall No. 475 and ``yea'' on rollcall No. 476.

Thomas Massie
Rep. Thomas MassieR-KY-4 · Dec 21, 2018

Mr. Speaker, on that I demand the yeas and nays.

Bill Text

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One Hundred Fifteenth Congress of the United States of America

At the Second Session

Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and eighteen

H. R. 7319

AN ACT

To amend the Federal Assets Sale and Transfer Act of 2016 to provide flexibility with respect to the leaseback of certain Federal real property, and for other purposes.

1.

Leaseback restriction

Section 12(b)(4) of the Federal Assets Sale and Transfer Act of 2016 (40 U.S.C. 1303 note; Public Law 114–287) is amended—

(1)

by inserting for a period of greater than 3 years before the period at the end;

(2)

by striking None of the and inserting the following:

(A)

In general

None of the

; and

(3)

by adding at the end the following:

(B)

Requirements

A leaseback under this paragraph—

(i)

shall expire on or before the last day of the 3-year period beginning on the date of the sale of the respective property;

(ii)

may not contain any options to extend or renew the leaseback;

(iii)

may only be entered into once for purposes of temporarily housing the Federal agency in the property at the time of the sale; and

(iv)

shall only be for the purpose of facilitating the sale of the respective property.

.

Speaker of the House of Representatives.

Vice President of the United States and President of the Senate.