I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 9, after line 5, insert the following: SEC. 7. FEDERAL USE IT OR LOSE IT LEASES ACT. (a) Reporting of Space Utilization and Occupancy Data for Office Space.--An occupancy agreement between the Administrator of General Services and a Federal tenant for office space shall-- (1) include language that requires the Federal tenant to submit to the Administrator an annual report for the duration of the agreement containing data on-- (A) monthly total occupancy of such office space; (B) the actual utilization of such office space; (C) monthly space utilization rates; and (D) any other office space utilization data considered important by the Administrator; and (2) include language that requires the Federal tenant to have written procedures in place governing the return of office space to the Administrator if the occupancy of the Federal tenant falls below a 60 percent space utilization rate for 6 months within any 1-year period, beginning on the date on which the agreement takes effect.…
On the recordMarch 12, 2024
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