United States 119th Congress Status: Passed House 1 D cosponsors

HR 189 — Securities and Exchange Commission Real Estate Leasing Authority Revocation Act

Last action — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced January 03, 2025. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 28% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

This bill removes SEC's power over certain real estate leases.

The Securities and Exchange Commission Real Estate Leasing Authority Revocation Act seeks to eliminate SEC's authority regarding specific real estate leases. It is currently under review in the Senate.

Summary

The Securities and Exchange Commission Real Estate Leasing Authority Revocation Act aims to take away the power of the Securities and Exchange Commission (SEC) to manage certain real estate leases. The bill has been sent to the Senate for further discussion and review.

Bill Text

What changed in the latest version

6 added · 1 removed

Plain-language change summary

The text was updated to indicate that Bill HR 189 has been referred to the Senate and specifically to the Committee on Banking, Housing, and Urban Affairs. It also removed the prior designation indicating the bill was engrossed in the House. This change highlights the bill's progression from the House to the Senate, which is a standard part of the legislative process.

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189 Engrossed in House (EH)] <DOC> 119th CONGRESS 1st Session H.
189 Referred in Senate (RFS)] <DOC> 119th CONGRESS 1st Session H.
189 _______________________________________________________________________ AN ACT To amend title 40, United States Code, to eliminate the leasing authority of the Securities and Exchange Commission, and for other purposes.
189 _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 14, 2025 Received;
read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ AN ACT To amend title 40, United States Code, to eliminate the leasing authority of the Securities and Exchange Commission, and for other purposes.
Clerk.
KEVIN F.
119th CONGRESS 1st Session H.
MCCUMBER, Clerk.
R.
189 _______________________________________________________________________ AN ACT To amend title 40, United States Code, to eliminate the leasing authority of the Securities and Exchange Commission, and for other purposes.
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How this bill changes current law

1 change Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill amends 40 U.S.C. § 3304 to prohibit the Securities and Exchange Commission from leasing general purpose office space and transfers that authority to the Administrator of General Services.

  • 40 U.S.C. § 3304

    (e) Leasing of Space for Securities and Exchange Commission.--Notwithstanding any other provision of law, on and after the date of enactment of this subsection, the Securities and Exchange Commission may not lease general purpose office space. The Administrator may lease such space for the Securities and Exchange Commission under section 585 and this chapter.

    This adds a new subsection that removes the leasing authority from the Securities and Exchange Commission and grants it to the Administrator of General Services.

Action History

  1. Introduced in House

  2. Sponsor introductory remarks on measure. (CR E1)

  3. Introduced in House

  4. Referred to the House Committee on Transportation and Infrastructure.

  5. Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

  6. Mr. Graves moved to suspend the rules and pass the bill.

  7. Considered under suspension of the rules. (consideration: CR H104-105)

  8. DEBATE - The House proceeded with forty minutes of debate on H.R. 189.

  9. Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H104)

  10. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H104)

  11. Motion to reconsider laid on the table Agreed to without objection.

  12. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 189 do?
The Securities and Exchange Commission Real Estate Leasing Authority Revocation Act aims to take away the power of the Securities and Exchange Commission (SEC) to manage certain real estate leases. The bill has been sent to the Senate for further discussion and review.
Who sponsors HR 189?
HR 189 is sponsored by Norton, Eleanor Holmes (Democratic).
What is the current status of HR 189?
This bill has passed the House. Introduced January 03, 2025. It now moves to the second chamber.
Where can I track HR 189?
Track HR 189 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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