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HR189FEDERALin_committee

Securities and Exchange Commission Real Estate Leasing Authority Revocation Act

January 14, 2025

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Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently in_committee. The next step in the legislative lifecycle is Floor Vote.

Last action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Jan 14, 2025

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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The Frame

What this does

If passed, this bill would strip the SEC of its independent power to lease office space, potentially requiring the agency to rely on the General Services Administration for all real estate needs.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Securities and Exchange Commission

The agency would lose its independent authority to enter into real estate leases if the bill becomes law.

What changed

Current stage: in_committee.

What's next

Floor Vote.

Summary

This bill proposes to remove the authority of the Securities and Exchange Commission (SEC) to enter into real estate leasing agreements. It has been introduced in the House of Representatives and is currently under review by the Senate Committee on Banking, Housing, and Urban Affairs.

Why It Matters

If passed, this bill would strip the SEC of its independent power to lease office space, potentially requiring the agency to rely on the General Services Administration for all real estate needs.

Key Facts

  • The bill is titled the 'Securities and Exchange Commission Real Estate Leasing Authority Revocation Act'.
  • The bill is designated as an HR (House of Representatives) bill.
  • The bill has been received in the Senate.
  • The bill has been referred to the Senate Committee on Banking, Housing, and Urban Affairs for consideration.

Frequently Asked Questions

What does this bill do?
It seeks to revoke the legal authority of the SEC to manage its own real estate leasing.
What is the current status of the bill?
It has passed the House and is currently being reviewed by a Senate committee.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Centralization of Agency Leasing

The bill represents a move to centralize federal real estate management by removing independent leasing powers from a specific regulatory agency.

Connected Entities

organizationCommittee on Banking, Housing, and Urban AffairsThe Senate committee currently reviewing the bill.Map →
organizationSecurities and Exchange CommissionThe federal agency whose real estate leasing authority is the subject of the bilMap →

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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