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Congress·In Progress·25 days ago

Federal Buildings: Using Private Partnerships to Cut Costs

Also known as: Smart Space Act of 2026

Key Points

  • The General Services Administration would meet with real estate experts to find new ways to pay for building or fixing federal offices. Instead of the government paying for everything upfront, they would look at partnerships where private companies help design, build, or manage the space to save taxpayer money.
  • The policy focuses on moving government workers out of expensive, half-empty buildings and into more efficient spaces. For a building to be part of this plan, it must be at least 60% full, which helps prevent the government from spending money on 'ghost' offices that are mostly empty.
  • The agency must create a list of specific projects that could save money and share it with the President and the public. This list will include recommendations on which old buildings should be sold and which ones should be renovated using these new private-sector funding methods.
  • All meetings and reports about these building projects must be made public online. This ensures that taxpayers can see how the government is choosing which buildings to keep, which to sell, and how much money they expect to save through these new partnerships.

Milestones

4 milestones6 actions
Feb 11, 2026House

Ordered to be Reported (Amended) by Voice Vote.

Feb 11, 2026House

Committee Consideration and Mark-up Session Held

Feb 11, 2026House

Subcommittee on Economic Development, Public Buildings, and Emergency Management Discharged

Feb 5, 2026House

Referred to the House Committee on Transportation and Infrastructure.

Feb 5, 2026

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

Smart Space Act of 2026

Bill NumberHR 7388
Congress119th Congress
ChamberHouse of Representatives
Latest ActionOrdered to be Reported (Amended) by Voice Vote.

Sponsor

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