# 116-hr-5137: To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.

116-hr-5137, To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes., is a 116th Congress bill sponsored by Rep. Pence, Greg [R-IN-6] (R-IN); status Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5137
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5137
- Congress: 116
- Title: To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.
- Status: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- Introduced: 2019-11-18
- Sponsor: Rep. Pence, Greg [R-IN-6] (R-IN)
- Cosponsors: 1
- Policy area: Government Operations and Politics
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill modifies the authority of the General Services Administration to enter into building leases to accommodate federal agencies. Specifically, it allows any bargain-price option to purchase at less than fair market value contained in an agreement entered into on or after January 1, 2019, to be exercised only to the extent specifically provided for in subsequent Acts of Congress.

## Cosponsors (1)

- Rep. Meadows, Mark [R-NC-11] (R-NC), 2019-11-18T00:00:00.000Z

## Related bills

- 116-hr-5175: Pipeline Safety Improvement Act of 2019
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-3495: Improve Well-Being for Veterans Act
- 116-hr-2502: Transparency in Federal Buildings Projects Act of 2019
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-1865: Further Consolidated Appropriations Act, 2020

## Sources
- [116-hr-5137 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5137)

## Related
- [116-hr-5175: Pipeline Safety Improvement Act of 2019](https://policyrisk.com/legislation/116-hr-5175)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-3495: Improve Well-Being for Veterans Act](https://policyrisk.com/legislation/116-hr-3495)
- [116-hr-2502: Transparency in Federal Buildings Projects Act of 2019](https://policyrisk.com/legislation/116-hr-2502)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-1865: Further Consolidated Appropriations Act, 2020](https://policyrisk.com/legislation/116-hr-1865)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5137 (as of 2025-11-18).