Bill Sponsor
Senate Bill 3031
115th Congress(2017-2018)
Federal Personal Property Management Act of 2018
Became Law
Became Law
Became Public Law 115-419 on Jan 3, 2019
Overview
Text
Introduced
Jun 7, 2018
Latest Action
Jan 3, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3031
Congress
115
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
Sponsorship by Party
Senate Votes (1)
House Votes (1)
checkPassed on December 12, 2018
Status
Passed
Type
Unanimous Consent
Unanimous Consent
A senator may request unanimous consent on the floor to set aside a specified rule of procedure so as to expedite proceedings. If no Senator objects, the Senate permits the action, but if any one senator objects, the request is rejected. Unanimous consent requests with only immediate effects are routinely granted, but ones affecting the floor schedule, the conditions of considering a bill or other business, or the rights of other senators, are normally not offered, or a floor leader will object to it, until all senators concerned have had an opportunity to inform the leaders that they find it acceptable.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S7525-7526; text: CR S7525-7526)
Summary

Federal Personal Property Management Act of 2018

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.

Text (4)
Public Record
Record Updated
Mar 22, 2023 7:51:02 PM