This amendment requires GSA to include in its occupancy agreements with Federal tenants a requirement that tenant agencies submit a report on utilization and usage to GSA. It also requires the return of office space by the tenant to GSA if occupancy falls below 60 percent for 6 months within any 1-year period. GSA previously allowed tenant agencies to return unneeded space back to GSA with 120-days' notice, but in May of 2023, GSA changed its policy and now all new occupancy agreements between GSA and Federal tenants must include a noncancellation clause to prevent agencies from returning space to GSA. Requiring agencies to return space if occupancy falls below 60 percent for 6 months does not account for the fact that space costs incurred by the government still remain under the lease contract. While I have concerns about the mechanics and the cost of an agency returning space to GSA with this amendment, I will not oppose this amendment. Mr. Chair, I reserve the balance of my time.
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