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S. 3031: Federal Personal Property Management Act of 2018

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S. 3031: Federal Personal Property Management Act of 2018

115th Congress · introduced 2018-06-07 · Government Operations and Politics · Latest: Became Public Law No: 115-419.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2018-06-07 · official record
  2. Who proposed it: Sen. Peters, Gary C. [D-MI] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 481 (2018): On Motion to Suspend the Rules and Pass, S3031 (2018-12-21), Passed. See all
  4. Where it stands now: Became Public Law No: 115-419. (final step reached)
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Federal Personal Property Management Act of 2018

Plain summary

Federal Personal Property Management Act of 2018 (Sec. 2 ) This bill requires the executive agencies and the General Services Administration (GSA) to carry out the following activities with respect to federal personal property management. Each executive agency, in accordance with guidance from the GSA, must annually inventory and assess capitalized personal property in identifying excess property under the agency's control. Capitalized personal property items include those recorded on an agency's general ledger records as major investments or assets. Each agency must also regularly inventory and assess accountable personal property under its control. GSA may establish separate thresholds for acquisitions of personal property for which affected agencies shall capitalize and for which they shall establish and maintain property records in a centralized system.

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Federal Personal Property Management Act of 2018

Source: Congressional Research Service summary (Public Law)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Peters, Gary C. [D-MI] · 5 cosponsors

Cost estimate: CBO cost estimate: S. 3031, Federal Personal Property Management Act of 2018 (2018-07-17)

Cosponsors on this site

Rand Paul (R-KY), James Lankford (R-OK), Catherine Cortez Masto (D-NV), John Kennedy (R-LA)

Sponsor's campaign money: Sen. Peters, Gary C. [D-MI] reported raising $303,094 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong115-s3031 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115