40 U.S.C. § 624
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)Except as provided in subsection (b), not later than December 31 of each year following the date of enactment of this subchapter, a Federal agency with independent leasing authority shall submit to the Council a list of all leases, including operating leases, in effect on the date of enactment of this subchapter that includes—
- (1)the date on which each lease was executed;
- (2)the date on which each lease will expire;
- (3)a description of the size of the space;
- (4)the location of the property;
- (5)the tenant agency;
- (6)the total annual rental payment; and
- (7)the amount of the net present value of the total estimated legal obligations of the Federal Government over the life of the contract.
- (b)Subsection (a) shall not apply to—