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H.R. 8276, Reuse Excess Property Act of 2024 (CBO Report for Congress)

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Congress 118th
Date Requested May 15, 2024
Requested By House Committee on Oversight and Accountability
Date Sent July 2, 2024
Description:
H.R. 8276 would amend federal law regarding the use of excess personal property. Personal property refers to physical items (not real estate or land) ranging from common products—such as office equipment, motor vehicles, and animals—to specialized equipment—such as scientific devices and heavy machinery. Specifically, the legislation would: Require the Government Accountability Office to report on the frequency of federal agencies buying personal property that is produced in China,  Require the General Services Administration (GSA) to publicly report on excess personal property and on its interagency working group, and  Require agencies to report on their guidance about the use of excess personal property. The bill would sunset five years after enactment.

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