FEDERAL · 40 U.S.C. · Chapter SUBCHAPTER VII—PROPERTY MANAGEMENT

Information on certain leasing authorities

40 U.S.C. § 624
Title40Public Buildings, Property, and Works
ChapterSUBCHAPTER VII—PROPERTY MANAGEMENT

This text of 40 U.S.C. § 624 (Information on certain leasing authorities) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
40 U.S.C. § 624.

Text

(a)In General.—Except as provided in subsection (b), not later than December 31 of each year following the date of enactment of this subchapter, a Federal agency with independent leasing authority shall submit to the Council a list of all leases, including operating leases, in effect on the date of enactment of this subchapter that includes—
(1)the date on which each lease was executed;
(2)the date on which each lease will expire;
(3)a description of the size of the space;
(4)the location of the property;
(5)the tenant agency;
(6)the total annual rental payment; and
(7)the amount of the net present value of the total estimated legal obligations of the Federal Government over the life of the contract.
(b)Exception.—Subsection (a) shall not apply to—
(1)the United States Postal Ser

Free access — add to your briefcase to read the full text and ask questions with AI

Source Credit

History

(Added Pub. L. 114–318, §3(a), Dec. 16, 2016, 130 Stat. 1612.)

Editorial Notes

Editorial Notes

References in Text
The date of enactment of this subchapter, referred to in subsec. (a), is the date of enactment of Pub. L. 114–318, which was approved Dec. 16, 2016.

Cite This Page — Counsel Stack

Bluebook (online)
40 U.S.C. § 624, Counsel Stack Legal Research, https://law.counselstack.com/usc/40/624.