,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #cjeb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,augu/ #b1 #bjac ,mr4 
,s*weik]t introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means1 & 9 addition to ! ,committees on
 ,ov]sight & ,gov]nm5t ,re=m1 ,f9ancial 
,s]vices1 & ,appropriations1 = a p]iod  
to be subsequ5tly det]m9$ by ! ,speak]1 
9 ea* case = consid]ation ( su*         
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to       
require t ! ,gov]nm5t prioritize all    
obligations on ! debt held by ! public 9
 ! ev5t t ! debt limit is rea*$1 to     
require ! sale ( ,f$]al assets1 & = o!r 
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,debt ,ceil+ ,alt]native   
,act4  #b4 ,ensur+ ! ,gov]nm5t does n   
default on its debt obligations  7a7 ,9 
g5]al ,if ! ,dep>tm5t ( ! ,treasury     
issues a m>ketable borr[+ e/imate = a   
qu>t] t e/imates t ! debt ( ! ,unit$    
,/ates1 z def9$ 9 section #caja ( title 
#ca1 ,unit$ ,/ates ,code1 w rea* !      

/atutory limit dur+ su* qu>t]1 !        
,presid5t %all ensure t ! aggregate ( ! 
am\nts deposit$ 9 ! ,treasury f ! sale (
 assets describ$ "u subsection 7b7 & !  
disposal ( real prop]ty pursuant to     
sub*apt] ,,vii ( *apt] #e ( subtitle ,i 
( title #dj1 ,unit$ ,/ates ,code1 & !   
am\nt ( any recision ( unobligat$       
balances pursuant to section #e1 is     
suffici5t to prev5t ! debt ( ! ,unit$   
,/ates f rea*+ su* /atutory limit dur+  
su* qu>t]4  7b7 ,au?ority ,to sell      
assets ,= purposes ( subsection 7a71 !  
,presid5t may ord] ! sale ( ! foll[+    
assets1 ) ! proce$s f su* sales deposit$
 9 ! ,treasury3  7#a7 ,on-balance %eet  
non-p]=m+ mortgages ( ! ,f$]al ,national
 ,mortgage ,association4  7#b7 ,o!r     
mortgages own$ or held by ! ,f$]al      
,national ,mortgage ,association4  7#c7 
,real e/ate own$ prop]ties ( ! ,f$]al   
,national ,mortgage ,association4  7#d7 
,on-balance %eet non-p]=m+ mortgages ( !
 ,f$]al ,home ,loan ,mortgage           
,corporation4  7#e7 ,o!r mortgages own$ 

or held by ! ,f$]al ,home ,loan         
,mortgage ,corporation4  7#f7 ,real     
e/ate own$ prop]ties ( ! ,f$]al ,home   
,loan ,mortgage ,corporation4  7#g7     
,mortgage-back$ securities held by !    
,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    
,sy/em or any ,f$]al res]ve bank4  7c7  
,use ( funds ,any funds realiz$ ?r\gh   
?is ,act mu/ be us$ = ! retirem5t ( old 
debt & issuance ( new debt4  #c4        
,disposal ( real prop]ty  7a7 ,9 g5]al  
,*apt] #e ( subtitle ,i ( title #dj1    
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  ,,vii ,,exp$it$       
,,disposal ,,( ,,real ,,prop]ty  #fba4  
,def9itions ,9 ?is sub*apt]3  7#a7      
,director ,! t]m ,director means !      
,director ( ! ,(fice ( ,managem5t &     
,budget4  7#b7 ,exp$it$ disposal ( real 
prop]ty ,! t]m exp$it$ disposal ( real  
prop]ty means a demolition ( real       
prop]ty or a sale ( real prop]ty = ca% t
 is conduct$ "u ! requirem5ts ( section 
#ede4  7#c7 ,l&hold+ ag5cy ,! t]m       
l&hold+ ag5cy has ! mean+ giv5 t t]m "u 

section #eja7;i77#c7 ( !                
,mc,kinney-,v5to ,homeless ,assi/ance   
,act 7#db ,u4,s4,c4 #aadaa7;i77#c774    
7#d7 ,real prop]ty  7,a7 ,9 g5]al ,! t]m
 real prop]ty means--  7i7 a p>cel (    
real prop]ty "u ! adm9i/rative          
jurisdiction ( ! ,f$]al ,gov]nm5t t is--
  7,i7 excess2  7,,ii7 surplus2  7,,iii7
 und]p]=m+2 or  7,,iv7 o!rwise n meet+ !
 ne$s ( ! ,f$]al ,gov]nm5t1 z det]m9$ by
 ! ,director2 &  7ii7 a build+ or o!r   
/ructure locat$ on real prop]ty describ$
 "u clause 7i74  7,b7 ,exclusion ,! t]m 
real prop]ty excludes any p>cel ( real  
prop]ty or build+ or o!r /ructure locat$
 on su* real prop]ty t is to be clos$ or
 realign$ "u ! ,def5se ,base ,closure & 
,realignm5t ,act ( #aiij 7"p ,a ( title 
,,xxix ( ,public ,law #aja-eaj2 #aj     
,u4,s4,c4 #bfhg note74  7#e7            
,repres5tative ( ! homeless ,! t]m      
repres5tative ( ! homeless has ! mean+  
giv5 t t]m "u section #eja7;i77#d7 ( !  
,mc,kinney-,v5to ,homeless ,assi/ance   
,act 7#db ,u4,s4,c4 #aadaa7;i77#d774    

#fbb4 ,pilot program  7a7 ,e/abli%m5t ,!
 ,director ( ! ,(fice ( ,managem5t &    
,budget %all conduct a pilot program1 to
 be kn[n z ! ,f$]al ,real ,prop]ty      
,disposal ,pilot ,program1 "u :i* real  
prop]ty t is n meet+ ,f$]al ,gov]nm5t   
ne$s may be dispos$ ( 9 accordance ) ?is
 sub*apt]4  7b7 ,t]m9ation ,! ,f$]al    
,real ,prop]ty ,disposal ,pilot ,program
 %all t]m9ate #e ye>s aft] ! date ( !   
enactm5t ( ?is sub*apt]4  #fbc4         
,selection ( real prop]ties  7a7 ,ag5cy 
recomm5dation ( prop]ties ,! head ( ea* 
executive ag5cy %all recomm5d c&idate   
disposition real prop]ties to !         
,director = p>ticipation 9 ! pilot      
program e/abli%$ "u section #fbb4  7b7  
,selection ( prop]ties ,! ,director1 ) !
 concurr5ce ( ! head ( ! executive ag5cy
 conc]n$ & consi/5t ) ! crit]ia e/abli%$
 9 ?is sub*apt]1 may !n select su*      
c&idate real prop]ties = p>ticipation 9 
! pilot program & notify ! recomm5d+    
ag5cy accord+ly4  7c7 ,website requir$  
,! ,director %all ensure t all real     

prop]ties select$ = disposition "u ?is  
section are li/$ on a website t %all--  
7#a7 be updat$ r\t9ely2 &  7#b7 include 
! functionality to all[ memb]s ( !      
public1 at _! option1 to receive su*    
updates ?r\gh electronic mail4  7d7     
,notification ( pilot program ,!        
,secret>y ( ,h\s+ & ,urban ,developm5t  
%all ensure t ef=ts are tak5 to in=m    
repres5tatives ( ! homeless ab\t--  7#a7
 ! pilot program e/abli%$ "u section    
#fbb2 &  7#b7 ! website "u subsection   
7c74  7e7 ,availability ( in=mation ,!  
,secret>y ( ,h\s+ & ,urban ,developm5t  
%all--  7#a7 make available to ! public 
^u reque/ all in=mation 7o!r ?an        
valuation in=mation71 reg>dless ( =mat1 
9 ! possession ( ! ,dep>tm5t ( ,h\s+ &  
,urban ,developm5t relat+ to ! prop]ties
 li/$ on ! website "u subsection 7c71   
includ+ environm5tal assessm5t data2 &  
7#b7 ma9ta9 a curr5t li/ ( ag5cy        
contacts = mak+ ref]rals to inquiries = 
in=mation relat+ to specific prop]ties4 
#fbd4 ,suitability det]m9ation  7a7     

,suitability ( prop]ty ,to assi/ !      
homeless ,aft] ! ,director selects !    
c&idate real prop]ties t may p>ticipate 
9 ! pilot program "u section #fbc1 !    
,secret>y ( ,h\s+ & ,urban ,developm5t  
%all det]m9e :e!r ea* su* real prop]ty  
is suitable = use to assi/ ! homeless4  
7b7 ,suitability det]m9ation requirem5ts
 ,! ,secret>y ( ,h\s+ & ,urban          
,developm5t %all base ! suitability     
det]m9ation requir$ "u subsection 7a7-- 
7#a7 on ! suitability crit]ia id5tifi$  
by ! ,secret>y ( ,h\s+ & ,urban         
,developm5t "u section #eja7;a7 ( !     
,mc,kinney-,v5to ,homeless ,assi/ance   
,act 7#db ,u4,s4,c4 #aadaa7;a772  7#b7 =
 real prop]ties locat$ )9 a ,f$]al      
in/allation1 campus1 or comp\nd1 on :e!r
 su* prop]ty c easily be transport$ to  
an (f-site location2 &  7#c7 = real     
prop]ties :]e ! pr$om9ant use is o!r ?an
 h\s+1 on :e!r ! size ( ! real prop]ty  
is equal to or great] ?an #ajj1jjj squ>e
 feet4  7c7 ,in=mation requir$ ,to be   
publi%$ on ! website ,imm$iately aft] a 

det]m9ation ( suitability is made "u ?is
 section1 ! ,director %all publi%1 on ! 
website describ$ 9 section #fbc7;c7 !   
foll[+ in=mation3  7#a7 ,! address ( ea*
 su* real prop]ty4  7#b7 ,! result ( !  
suitability det]m9ation requir$ "u      
subsection 7a7 = ea* su* real prop]ty4  
7#c7 ,! date on :i* ! suitability       
det]m9ation 0 made4  #fbe4 ,unsuitable  
real prop]ty  7a7 #bj-;,day hold requir$
 aft] det]m9ation ( unsuitability ,if   
real prop]ty is det]m9$ unsuitable "u   
section #fbd1 su* real prop]ty may n be 
dispos$ ( or o!rwise us$ = any o!r      
purpose = at lea/ #bj days aft] su*     
det]m9ation 0 made4  7b7 ,appeal  7#a7  
,second>y review ( det]m9ation ,n lat]  
?an #bj days aft] real prop]ty has be5  
det]m9$ unsuitable "u section #fbd &    
be=e disposal ( ! real prop]ty 9        
accordance ) subsection 7d71 any        
repres5tative ( ! homeless may appeal to
 ! ,secret>y ( ,h\s+ & ,urban           
,developm5t = a second>y review ( su*   
det]m9ation4  7#b7 ,cle> & conv9c+      

evid5ce ,n lat] ?an #bj days aft] real  
prop]ty has be5 det]m9$ unsuitable "u   
subsection 7b77#c7 ( section #fbd1 !    
,secret>y ( ,h\s+ & ,urban ,developm5t  
%all deem su* real prop]ty suitable     
not)/&+ ! requirem5ts ( t subsection if 
a repres5tative ( ! homeless has produc$
 cle> & conv9c+ evid5ce t su* prop]ty c 
be utiliz$ = ! b5efit ( ! homeless4 ,any
 det]m9ation "u ?is p>agraph %all be    
committ$ to ! unreviewable discretion ( 
! ,secret>y ( ,h\s+ & ,urban            
,developm5t4  7c7 ,f9al suitability     
det]m9ation ,n lat] ?an #bj days aft] ! 
receipt ( any appeal "u subsection 7b71 
! ,secret>y ( ,h\s+ & ,urban ,developm5t
 %all respond to su* appeal & %all make 
a f9al suitability det]m9ation reg>d+ ! 
real prop]ty4  7d7 ,disposal (          
unsuitable real prop]ty  7#a7 ,no appeal
 ,if at ! end ( ! #bj-;day p]iod requir$
 "u subsection 7a71 no appeal = review (
 a det]m9ation ( unsuitability is       
receiv$ by ! ,secret>y ( ,h\s+ & ,urban 
,developm5t1 su* real prop]ty %all be   

dispos$ ( 9 accordance ) section #fbg4  
7#b7 ,det]m9ation ( unsuitability aft]  
second>y review ,if aft] conduct+ a     
second>y review ( a det]m9ation (       
unsuitability "u subsection 7b71 !      
,secret>y ( ,h\s+ & ,urban ,developm5t  
det]m9es t ! real prop]ty rema9s        
unsuitable "u subsection 7c71 su* real  
prop]ty %all be dispos$ ( 9 accordance )
 section #fbg4  7#c7 ,det]m9ation (     
suitability aft] second>y review ,if    
aft] conduct+ a second>y review ( a     
det]m9ation ( unsuitability "u          
subsection 7b71 ! ,secret>y ( ,h\s+ &   
,urban ,developm5t det]m9es t ! real    
prop]ty is suitable "u subsection 7c71  
su* real prop]ty %all be treat$ z       
suitable prop]ty = purposes ( section   
#fbf4  #fbf4 ,suitable real prop]ty  7a7
 ,disposal ( suitable real prop]ty  7#a7
 ,application = transf] ( prop]ty ,if   
real prop]ty is det]m9$ suitable "u     
section #fbd or ^u a second>y review "u 
section #fbe7;d71 any repres5tative ( ! 
homeless %all h n m ?an #ij days aft]   

su* det]m9ation to submit an application
 to ! ,secret>y ( ,heal? & ,human       
,s]vices = ! transf] ( ! real prop]ty to
 t repres5tative4 ,if an application _c 
be complet$ )9 ! #ij-;day p]iod due to  
non-mat]ial factors1 ! ,secret>y (      
,heal? & ,human ,s]vices1 ) ! concurr5ce
 ( ! appropriate l&hold+ ag5cy1 may     
grant reasonable ext5sions4  7#b7 ,no   
application submitt$ ,if at ! end ( ! "t
 p]iod describ$ "u p>agraph 7#a71 no    
repres5tative ( ! homeless has submitt$ 
an application1 su* real prop]ty %all be
 dispos$ ( 9 accordance ) section #fbg4 
7b7 ,consid]ation ( application  7#a7   
,assessm5t ( application ,n lat] ?an #bj
 days aft] ! receipt ( any application  
"u subsection 7a77#a71 ! ,secret>y (    
,heal? & ,human ,s]vices %all assess su*
 application & det]m9e :e!r to approve  
or d5y ! reque/ = ! transf] ( ! real    
prop]ty to su* applicant4  7#b7 ,d5ial (
 application ,if ! application ( a      
repres5tative ( ! homeless is d5i$ by ! 
,secret>y ( ,heal? & ,human ,s]vices "u 

p>agraph 7#a71 su* real prop]ty %all be 
dispos$ ( 9 accordance ) section #fbg4  
7#c7 ,approval ( application ,if !      
application ( a repres5tative ( !       
homeless is approv$ by ! ,secret>y (    
,heal? & ,human ,s]vices "u p>agraph    
7#a71 su* real prop]ty %all be made     
promptly available to t repres5tative by
 p]mit or lease1 or by de$1 z a public  
heal? use "u subsections 7a7 ?r\gh 7d7 (
 section #eej4  #fbg4 ,exp$it$ disposal 
requirem5ts  7a7 ,fair m>ket value      
requir$ ,real prop]ty sold "u ! pilot   
program e/abli%$ "u ?is sub*apt] %all be
 sold at n less ?an ! fair m>ket value1 
z det]m9$ by ! ,director 9 consultation 
) ! head ( ! executive ag5cy4 ,co/s     
associat$ ) su* disposal may n exce$ !  
fair m>ket value ( ! prop]ty unless !   
,director approves incurr+ su* co/s4    
7b7 ,monet>y proce$s requir$ ,real      
prop]ty may be sold "u ! pilot program  
e/abli%$ "u ?is sub*apt] only if !      
prop]ty w g5]ate monet>y proce$s to !   
,f$]al ,gov]nm5t1 z provid$ 9 subsection

 7a74 ,a disposal ( real prop]ty "u !   
pilot program may n include any ex*ange1
 trade1 transf]1 acquisition ( l-k9d    
prop]ty1 or o!r non-ca% transaction z "p
 ( ! disposal4  7c7 ,con/ruction ,no?+ 9
 ?is sub*apt] %all be con/ru$ z t]m9at+ 
or 9 any way limit+ au?orities t are    
o!rwise available to ag5cies "u o!r     
provisions ( law to dispose ( ,f$]al    
real prop]ty1 except z provid$ 9        
subsection 7d74  7d7 ,exp$it$ disposal  
exemptions ,any exp$it$ disposal ( real 
prop]ty conduct$ "u ?is sub*apt] %all n 
be subject to--  7#a7 sub*apt] ,,iv (   
?is *apt]2  7#b7 sections #eej & #eec ( 
?is title2  7#c7 section #eja ( !       
,mc,kinney-,v5to ,homeless ,assi/ance   
,act 7#db ,u4,s4,c4 #aadaa72  7#d7 any  
o!r provision ( law au?oriz+ ! no-co/   
conveyance ( real prop]ty own$ by !     
,f$]al ,gov]nm5t2 or  7#e7 any          
congressional notification requirem5t   
o!r ?an t 9 section #ede4  #fbh4        
,special rules = deposit & use ( proce$s
 f disposal ( real prop]ty  7a7         

,reimbursem5t ( adm9i/rative exp5ses    
,executive ag5cies t dispose ( real     
prop]ty "u ?is sub*apt] %all be         
reimburs$ f ! proce$s1 if any1 f su*    
disposal = ! adm9i/rative exp5ses       
associat$ ) su* disposal4 ,su* am\nts   
%all be cr$it$ z (fsett+ collections to 
! acc\nt t incurr$ su* exp5ses1 to rema9
 available until exp5d$4  7b7 ,deposit (
 proce$s  7#a7 ,9 g5]al ,aft] paym5t ( !
 adm9i/rative exp5ses describ$ "u       
subsection 7a71 ! balance ( ! proce$s   
%all be di/ribut$ z foll[s3  7,a7 #hj   
p]c5t %all be deposit$ into ! ,treasury 
z miscellane\s receipts4  7,b7 #bj p]c5t
 %all be deposit$ into ! acc\nt ( !     
ag5cy t own$ ! real prop]ty & initiat$ !
 disposal action4  7#b7 ,f$]al real     
prop]ty capital improvem5ts & disposal  
activity funds ,funds deposit$ "u       
p>agraph 7#a77;,a7 %all rema9 available 
until exp5d$ = ! p]iod ( ! pilot        
program1 = activities relat$ to ,f$]al  
real prop]ty capital improvem5ts &      
disposal activities4 ,^u t]m9ation ( !  

pilot program1 any unobligat$ am\nts    
%all be transf]r$ to ! g5]al fund ( !   
,treasury4  #fbi4 ,limitation on numb] (
 p]missible ca% sales ,! total numb] (  
ca% sales ( real prop]ties to be dispos$
 ( "u ?is sub*apt] ov] ! #e-ye> t]m ( ! 
,f$]al ,real ,prop]ty ,disposal ,pilot  
,program %all n exce$ #gej4  #fcj4      
,gov]nm5t ,acc\ntability ,(fice /udy    
7a7 ,/udy requir$ ,n lat] ?an #cf mon?s 
aft] ! date ( enactm5t ( ?is sub*apt]1 !
 ,comptroll] ,g5]al ( ! ,unit$ ,/ates   
%all submit to ,congress & make publicly
 available a /udy ( ! effectiv5ess ( !  
pilot program4  7b7 ,cont5ts ( /udy ,!  
/udy describ$ "u subsection 7a7 %all    
include at a m9imum--  7#a7             
recomm5dations = p]man5t re=ms to       
/atutes gov]n+ real prop]ty disposals & 
no co/ conveyances2 &  7#b7             
recomm5dations = improv+ ! p]man5t      
process by :i* ,f$]al prop]ties are made
 available = use by ! homeless4  4  7b7 
,te*nical & con=m+ am5dm5t ,! table (   
sections = *apt] #e ( subtitle ,i (     

title #dj1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ aft] ! item relat+ to section
 #faa ! foll[+3  ,,sub*apt]             
,,vii--,,exp$it$ ,,disposal ,,( ,,real  
,,prop]ty  #fba4 ,def9itions4  #fbb4    
,pilot program4  #fbc4 ,selection ( real
 prop]ties4  #fbd4 ,suitability         
det]m9ation4  #fbe4 ,unsuitable real    
prop]ty4  #fbf4 ,suitable real prop]ty4 
#fbg4 ,exp$it$ disposal requirem5ts4    
#fbh4 ,special rules = deposit & use (  
proce$s f disposal ( real prop]ty4      
#fbi4 ,limitation on numb] ( p]missible 
ca% sales4  #fcj4 ,gov]nm5t             
,acc\ntability ,(fice /udy4  4  #d4     
,paym5t ( pr9cipal & int]e/ on public   
debt & social security tru/ funds  7a7  
,9 g5]al ,9 ! ev5t t ! debt ( ! ,unit$  
,/ates ,gov]nm5t1 z def9$ 9 section     
#caja ( title #ca1 ,unit$ ,/ates ,code1 
rea*es ! /atutory limit1 ! ,secret>y ( !
 ,treasury %all1 9 addition to any o!r  
au?ority provid$ by law1 issue          
obligations "u *apt] #ca ( title #ca1   
,unit$ ,/ates ,code1 to pay ) legal     

t5d]1 & solely = ! purpose ( pay+1 !    
pr9cipal & int]e/ on obligations ( !    
,unit$ ,/ates describ$ 9 subsection 7b7 
aft] ! date ( ! enactm5t ( ?is ,act4    
7b7 ,obligations describ$ ,= purposes ( 
?is subsection1 obligations describ$ 9  
?is subsection are obligations :i* are--
  7#a7 held by ! public1 or  7#b7 held  
by ! ,old-,age & ,survivors ,insurance  
,tru/ ,fund & ,disability ,insurance    
,tru/ ,fund4  7c7 ,prohibition on       
comp5sation = ,memb]s ( ,congress ,none 
( ! obligations issu$ "u subsection 7a7 
may be us$ to pay comp5sation = ,memb]s 
( ,congress4  7d7 ,obligations exempt f 
public debt limit ,obligations issu$ "u 
subsection 7a7 %all n be tak5 into      
acc\nt 9 apply+ ! limitation 9 section  
#caja7;b7 ( title #ca1 ,unit$ ,/ates    
,code1 to ! ext5t t su* obligation w\ld 
o!rwise cause ! limitation 9 section    
#caja7;b7 ( title #ca1 ,unit$ ,/ates    
,code1 to be exce$$4  7e7 ,report on    
c]ta9 actions  7#a7 ,9 g5]al ,if1 aft] !
 date ( ! enactm5t ( ?is ,act1 !        

,secret>y ( ! ,treasury ex]cises 8      
au?ority "u subsection 7a71 ! ,secret>y 
%all !reaft] submit a report ea* week ! 
au?ority is 9 use provid+ an acc\nt+    
relat+ to--  7,a7 ! pr9cipal on mature  
obligations & int]e/ t is due or accru$ 
( ! ,unit$ ,/ates1 &  7,b7 any          
obligations issu$ pursuant to subsection
 7a74  7#b7 ,submission ,! report       
requir$ by p>agraph 7#a7 %all be        
submitt$ to ! ,committee on ,ways &     
,means ( ! ,h\se ( ,repres5tatives & !  
,committee on ,f9ance ( ! ,s5ate4  #e4  
,rescission ( unobligat$ balances  7a7  
,9 g5]al ,if a ,f$]al budget deficit    
exi/s 9 #bjad1 n lat] ?an ,july #af1    
#bjae1 ( ! funds made available be=e    
,octob] #a1 #bjji1 ! ,presid5t may      
resc9d any unobligat$ balances ( su*    
funds4  7b7 ,report ,on ! same date t ! 
,presid5t ord]s a rescission "u         
subsection 7a71 ! ,presid5t %all submit 
a report to ,congress conta9+ ! total   
am\nts ( ! funds resc9d$ & ! affect$    
acc\nts4