To direct the Administrator of General Services to establish a program to sell Federal buildings that are not utilized to provide revenue for increases in Social Security benefits and military retirement pay, and for other purposes.
Ways and Means Committee, Military Personnel Subcommittee, Armed Services Committee, Oversight and Government Reform Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Guaranteed COLA Act This bill directs the General Services Administration (GSA) to sell buildings owned by the federal government that are not utilized. GSA must identify all such buildings and sell them not later than five years after they have been identified. The bill exempts buildings that have been set aside for preservation or historic purposes. The bill requires the net revenues from the sale of such buildings to be made available to increase the cost-of-living adjustments to: (1) social security retirement benefits, and (2) retirement benefits for members and former members of the Armed Forces.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Ways and Means, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Ways and Means, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Government Operations and Politics
Government buildings, facilities, and propertyInflation and pricesMilitary personnel and dependentsSocial security and elderly assistanceVeterans' pensions and compensation
To direct the Administrator of General Services to establish a program to sell Federal buildings that are not utilized to provide revenue for increases in Social Security benefits and military retirement pay, and for other purposes.
USA115th CongressHR-3614| House
| Updated: 10/17/2017
Guaranteed COLA Act This bill directs the General Services Administration (GSA) to sell buildings owned by the federal government that are not utilized. GSA must identify all such buildings and sell them not later than five years after they have been identified. The bill exempts buildings that have been set aside for preservation or historic purposes. The bill requires the net revenues from the sale of such buildings to be made available to increase the cost-of-living adjustments to: (1) social security retirement benefits, and (2) retirement benefits for members and former members of the Armed Forces.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Ways and Means, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on Ways and Means, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Ways and Means Committee, Military Personnel Subcommittee, Armed Services Committee, Oversight and Government Reform Committee
Government Operations and Politics
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Government buildings, facilities, and propertyInflation and pricesMilitary personnel and dependentsSocial security and elderly assistanceVeterans' pensions and compensation