Securities and Exchange Commission Real Estate Leasing Authority Revocation Act
January 14, 2025
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Where This Stands
Currently in_committee. The next step in the legislative lifecycle is Floor Vote.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →The Frame
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.
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.
Current stage: in_committee.
Floor Vote.
Summary
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?
What is the current status of the bill?
News Coverage
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
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
Analysis Score
0–100- Significance45How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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