US Codex
Bill
Notes

To direct the Administrator of General Services to sell the property known as the Webster School.

H.R. 4688 · 118th Congress · Dec 5, 2023 · Lineage

AN ACT

Section 1 Sale of Webster School

(a)
Sale— Not later than December 31, 2025, the Administrator of General Services shall sell the property described in subsection (b) at fair market value and at highest and best use.
(b)
Property described— The property described in this subsection is property located in the District of Columbia generally consisting of Lot 822 of Square 375 at 940 H Street Northwest in Washington, District of Columbia, including the building known as the Webster School, subject to survey and as determined by the Administrator of General Services.
(c)
Treatment of net proceeds; future appropriation— Any net proceeds received from the sale under this section shall be paid into an account in the Federal Buildings Fund established under section 592 of title 40, United States Code. Upon deposit, the net proceeds from the sale may be expended only subject to a specific future appropriation.