On the recordMarch 20, 2012
I am in support of important legislation on Federal real property disposal. I believe that we have found a bipartisan solution to the deficiencies that currently exist in real property management in H.R. 665. The Federal Government has costly and pressing problems disposing of its unneeded real property, which includes its public buildings and lands. As a result, the GAO has placed this issue on its ``high risk'' list. Unneeded and under-utilized buildings are languishing in the Federal inventory when their sale could generate much-needed revenue for the national treasury. Maintenance of these buildings costs the government nearly $1.7 billion in fiscal year 2010 alone. In tough times like those we face today, this waste is simply unacceptable. In this Congress, four separate pieces of legislation have been introduced to help solve the problem. H.R. 665 combines the best elements of these legislative proposals and creates a timely and workable method of disposing of excess Federal property while generating the highest possible financial returns. The bill would establish a five-year pilot program to dispose of the 15 highest value unneeded Federal real properties. The Federal Government will clearly gain from the disposal of these properties. Not only will the fair market value generate income, but we will realize significant savings by eliminating maintenance and operating costs. I also support H.R.…





