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Posted at 04:48 PM ET, 03/20/2012

House approves federal property bill

The House unanimously passed Rep. Jason Chaffetz’s proposal to create a pilot program to sell excess and unused federal properties.

Chaffetz, a Utah Republican, proposed the Office of Management and Budget and the General Services Administration maintain a rolling list of the top 15 unused federal property to auction off at fair market value.

The bill, passed on a 403-0 vote, advances to the Senate.

By Timothy R. Smith  |  04:48 PM ET, 03/20/2012

 
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