Open Eye

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substantiveNov 4, 2021 · House roll call · passage · Result: Passed

On Motion to Suspend the Rules and Pass — H R 2220 — To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes

To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.

In plain language

  • House bill in the 117th Congress.
  • Specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value).
  • House passed it on Nov 4, 2021 (substantive).
Official summary (Congressional Research Service)

This act specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value) in a lease agreement for a federal building may be exercised only to the extent the option is specifically provided for in subsequent acts of Congress. The act applies to lease agreements that are entered into on or after January 1, 2021.

View this measure on congress.gov

Roll-call breakdown

Yea416

Democrat: 207 · Republican: 209

Nay4

Democrat: 4

Present0

Not Voting13

Democrat: 9 · Republican: 4

How each member voted (433)

Yea (416)

Nay (4)

Not Voting (13)

Party labels reflect each member’s most recent affiliation on record.