HR7388119th CongressWALLET

Smart Space Act of 2026

Sponsored By: Representative Burlison, Eric [R-MO-7]

Passed House

Summary

Uses public-private partnerships and alternative financing to cut federal costs for public buildings. This bill would require the General Services Administration to convene experts and public meetings and produce recommendations and a list of projects that could use alternative financing.

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  • Federal agencies: GSA would identify projects that serve core missions and that allow consolidations or relocations out of costly, underused space. For standard office space it would target buildings that can meet at least 60 percent utilization.
  • Private and state experts: The Administrator would include commercial real estate experts, Federal real estate experts, and, if available, State and District of Columbia experts experienced with leveraging private financing.
  • Transparency and timing: Meetings must be noticed and open to the public. GSA would hold consultations within 90 days and submit recommendations and a project list within 120 days and publish them on its website.

*Aims to reduce Federal costs for construction, renovation, and disposal of public buildings by promoting alternative financing and public-private partnerships.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Public-private financing for federal buildings

Within 90 days, GSA would hold public meetings with real estate experts. The goal would be to find private financing to build, repair, or ready federal buildings for sale at lower cost. GSA would post timelines and milestones on its website and report any delays to the President and Congress. Within 120 days, GSA would send the President a report on which partnership types to use and which projects to pursue. Projects on the list would need to serve core federal missions in owned space long term, move agencies out of costly, inefficient, or underused space GSA plans to sell, and, for standard offices, reach at least 60% use. GSA would also give the report to the House Transportation and Infrastructure Committee and the Senate Environment and Public Works Committee and post it online. Partnerships could include design-build-finance-operate-maintain deals or a ground lease with a lease-back.

Sponsors & CoSponsors

Sponsor

Burlison, Eric [R-MO-7]

MO • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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