Hearing on Implementing the Federal Assets Sale and Transfer Act (FASTA)
January 1, 2019
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The Frame
The implementation of directly impacts the federal budget and the management of government-owned land and buildings, determining which properties are sold or repurposed to reduce maintenance costs for taxpayers.
Potentially affected actors named in the source documents. Mention is not a position.
General Services Administration
The agency is responsible for executing the property sales and management strategies mandated by FASTA.
Department of Veterans Affairs
The agency manages its own real estate portfolio and must coordinate with FASTA requirements for asset disposal.
Taxpayers
Taxpayers are affected by the potential reduction in government spending on maintaining unused federal properties.
Last recorded activity January 1, 2019.
Next step not available in the current record.
Summary
Key Facts
- The hearing was held on July 12, 2017, by the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- The primary objective of the hearing was to oversee the implementation of the Federal Assets Sale and Transfer Act (FASTA).
- FASTA aims to maximize taxpayer returns and reduce waste in federal real estate holdings.
- The GSA and the Department of Veterans Affairs provided testimony regarding their roles in identifying and managing federal assets.
- The hearing included testimony from local government representatives regarding the impact of federal property management on cities.
- The record includes submissions regarding the Foreign Emoluments Clause and the Trump International Hotel lease, submitted by Rep. Lou Barletta.
Why It Matters
The implementation of directly impacts the federal budget and the management of government-owned land and buildings, determining which properties are sold or repurposed to reduce maintenance costs for taxpayers.
Frequently Asked Questions
What is FASTA?
Who testified at this hearing?
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Inclusion of Emoluments Clause materials
The hearing record includes significant documentation regarding the Foreign Emoluments Clause and the Trump International Hotel lease, which is tangential to the primary topic of FASTA implementation.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment20Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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