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S. 2793: SMART Leasing Act

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S. 2793: SMART Leasing Act

117th Congress · introduced 2021-09-22 · Government Operations and Politics · Latest: Held at the desk.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-09-22 · official record
  2. Who proposed it: Sen. Peters, Gary C. [D-MI] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Held at the desk. Not final yet: this can still change. We check for updates every day.
  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

SMART Leasing Act

Plain summary

Saving Money and Accelerating Repairs Through Leasing Act or the SMART Leasing Act This bill authorizes the General Services Administration (GSA) to establish a pilot program that allows federal agencies to lease underutilized properties with GSA approval and to use the rent payments to help fund capital projects and facilities maintenance. The GSA may not enter into a lease under the pilot program unless it certifies that the lease will not have a negative impact on its mission or that of the applicable federal agency. The bill provides for a maximum of six leases under the program during each fiscal year, with a term of up to 15 years.

Congressional Research Service summary (Passed Senate), 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

SMART Leasing Act

Source: Congressional Research Service summary (Passed Senate)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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

Officials and money

Sponsor: Sen. Peters, Gary C. [D-MI] · 3 cosponsors

Cost estimate: CBO cost estimate: S. 2793, SMART Leasing Act (2022-04-26)

Cosponsors on this site

James Lankford (R-OK), Josh Hawley (R-MO)

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.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
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).
Fiscal year
The 12-month period a government uses for its budget. The federal fiscal year runs from October 1 to September 30 and is named for the calendar year in which it ends. Most states use July 1 to June 30.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-s2793 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117