To direct the Administrator of General Services to submit a report to Congress on the state of the real estate portfolio of the Public Building Service, and for other purposes.

TL;DR (AI)

• The Administrator of General Services must submit an annual report to Congress on the state of the Public Building Service's real estate portfolio, including data on leases, building ownership, and financial indicators.
• The report must detail information on Federal buildings disposed of by the Office of Real Property Disposition and plans for relocating Federal agencies from buildings slated for disposal or lease non-renewal.
• The report will cover various aspects of the real estate portfolio, such as space utilization, operating costs, cost-avoidance, and deferred maintenance, to provide a comprehensive overview of the portfolio's condition.