The civic record
Read. Follow. Verify.Hearing on Implementing the Federal Assets Sale and Transfer Act (FASTA)
Record date · January 1, 2019
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Does
This hearing transcript documents a 2017 Congressional review of the Federal Assets Sale and Transfer Act (), a law designed to reduce federal real estate waste and increase taxpayer returns. Officials from the General Services Administration (GSA) and the Department of Veterans Affairs discussed the progress and challenges of identifying and selling underutilized federal properties.
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.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
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.
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.
Show all 6 facts
- 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.
Frequently Asked Questions
What is FASTA?
Who testified at this hearing?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
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
Publisher tools