#aahth ,,congress #b;d ,session ,s4 #baa ,,an ,,act ,to authorize the ,administrator of ,general ,services to establish an enhanced use lease pilot program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,saving ,money and ,accelerating ,repairs ,through ,leasing ,act or the ,,smart ,leasing ,act4 #b4 ,enhanced use lease pilot program 7a7 ,definitions ,in this section3 7#a7 ,administrator ,the term ,administrator means the ,administrator of ,general ,services4 7#b7 ,pilot program ,the term pilot program means the enhanced use lease pilot program established under subsection 7b74 7#c7 ,relevant congressional committees ,the term relevant congressional committees means-- 7,a7 the ,committee on ,homeland ,security and ,governmental ,affairs of the ,senate2 7,b7 the ,committee on ,environment and ,public ,works of the ,senate2 7,c7 the ,committee on ,oversight and ,accountability of the ,house of ,representatives2 and 7,d7 the ,committee on ,transportation and ,infrastructure of the ,house of ,representatives4 7b7 ,establishment ,the ,administrator may establish an enhanced use lease pilot program under which the ,administrator may authorize ,federal agencies to enter into a lease with any person or entity 7including another department or agency of the ,federal ,government or an entity of a ,state or local government7 with regard to any underutilized nonexcess real property and related personal property under the jurisdiction of the ,administrator4 7c7 ,monetary consideration 7#a7 ,fair market value ,a person or entity entering into a lease under the pilot program shall provide monetary consideration for the lease at fair market value1 as determined by the ,administrator4 7#b7 ,utilization 7,a7 ,in general ,the ,administrator may use monetary consideration received under this subsection for a lease entered into under the pilot program to cover the full costs to the ,administrator in connection with the lease4 7,b7 ,capital revitalization and improvements2 deficit reduction 7i7 ,capital revitalization and improvements #ej percent of the amounts of monetary consideration received under this subsection that are not used in accordance with subparagraph 7,a7 shall-- 7,i7 be deposited in a working capital account to be established by the ,federal agency engaged in the lease of the property2 and 7,,ii7 remain available until expended for maintenance1 capital revitalization1 and improvements of the real property assets and related personal property at the ,federal agency1 subject to the concurrence of the ,administrator4 7ii7 ,deficit reduction #ej percent of the amounts of monetary consideration received under this subsection that are not used in accordance with subparagraph 7,a7 shall be deposited in the general fund of the ,treasury for the sole purpose of deficit reduction4 7d7 ,additional terms and conditions ,the ,administrator may require such terms and conditions in connection with a lease under the pilot program as the ,administrator considers appropriate to protect the interests of the ,united ,states4 7e7 ,relationship to other lease authority ,the authority under the pilot program to lease property under the jurisdiction of the ,administrator is in addition to any other authority under ,federal law to lease property under the jurisdiction of the ,administrator4 7f7 ,waiver ,a property leased under the pilot program shall not be subject to section #eja of the ,mc,kinney-,vento ,homeless ,assistance ,act 7#db ,u4,s4,c4 #aadaa7 before leasing the property under such pilot program4 7g7 ,lease restrictions 7#a7 ,no leaseback or guaranteed service contract ,the ,administrator may not lease back property under the pilot program during the term of the lease or enter into guaranteed service or similar contracts with the lessee relating to the property4 7#b7 ,certification ,the ,administrator may not enter into a lease under the pilot program unless the ,administrator certifies that the lease will not have a negative impact on the mission of the ,administrator or the applicable ,federal agency4 7#c7 ,maximum number of leases ,the ,administrator may enter into not more than #f leases under the pilot program during each fiscal year4 7#d7 ,duration of leases ,the ,administrator may not enter into a lease under the pilot program with a term of more than #ae years4 7#e7 ,prohibition ,the ,administrator may not enter into a lease under the pilot program with any individual or entity that-- 7,a7 intends to carry out1 under the lease-- 7i7 activities that are illegal-- 7,i7 to conduct in ,federal facilities2 or 7,,ii7 under ,federal law2 or 7ii7 activities for which ,federal funding is prohibited2 7,b7 is a political organization described in section #ebg of the ,internal ,revenue ,code of #aihf2 7,c7 is owned1 operated1 or controlled by a foreign government2 or 7,d7 received any ,federal grant1 contract1 or award from the applicable ,federal agency engaged in the lease that is still in the performance period4 7#f7 ,limitation on use of leases ,no lease entered into under the pilot program may be used to carry out lobbying activities 7as defined in section #c of the ,lobbying ,disclosure ,act of #aiie 7#b ,u4,s4,c4 #afjb774 7h7 ,reporting 7#a7 ,annual reports ,not later than ,january #ca of each year until the year after the year in which authority to enter into leases under the pilot program expires under subsection 7i77#a71 the ,administrator shall submit to the relevant congressional committees a report on the pilot program1 including-- 7,a7 a description of each lease entered into under the pilot program1 including the value of the lease1 the amount of consideration received1 and the use of the consideration received2 and 7,b7 the availability and use of the funds received under the pilot program for the ,administrator or the ,federal agency engaged in the lease of nonexcess real property and related personal property4 7#b7 ,final report ,not later than #b years after the date of enactment of this ,act1 the ,administrator shall submit to the relevant congressional committees a final report on the pilot program1 including a recommendation on whether the pilot program should be extended4 7i7 ,duration 7#a7 ,in general ,the authority to enter into leases under the pilot program shall expire on the date that is #b years after the date of enactment of this ,act4 7#b7 ,savings provision ,the expiration under this subsection of authority to enter into leases under the pilot program shall not affect the validity or term of leases or the retention of proceeds by the ,federal agency from leases entered into under the pilot program before the expiration of the authority4 ,passed the ,senate ,august #a1 #bjbd4,secretary