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H. Rept. 118-414 1 (2024-03-07)

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U.S. GOVERNMENT
INFORMATION
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                     118TH CONGRESS                                          REPORT
                        2d Session     HOUSE   OF  REPRESENTATIVES           118-414







                                      FASTA   REFORM ACT OF 2023




                      MARCH 7, 2024.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed




                       Mr. GRAVES  of Missouri, from the Committee   on Transportation
                                 and  Infrastructure, submitted the following


                                              R  E   P  O  R  T


                                            [To accompany H.R. 6277]

                       The  Committee   on Transportation   and Infrastructure, to whom
                     was referred the bill (H.R. 6277) to amend  the Federal  Assets Sale
                     and Transfer  Act of 2016  to improve  such Act, and  for other pur-
                     poses, having considered  the same, reports favorably  thereon with-
                     out amendment   and  recommends   that the bill do pass.

                                                  CONTENTS
                                                                                      Page
                     Purpose of Legislation  ...........................................................................................  1
                     Background and Need for Legislation  ....................................................................  2
                     H earings ...................................................................................................................  3
                     Legislative  History  and  Consideration  .................................................................  4
                     C om m ittee  V otes  ......................................................................................................  4
                     Committee Oversight Findings and Recommendations .......................................  4
                     New Budget Authority and Tax Expenditures .....................................................  5
                     Congressional Budget Office  Cost Estimate   .........................................................  5
                     Performance Goals  and  Objectives  .........................................................................  5
                     Duplication of Federal Program s  ............................................................................  5
                     Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Benefits ...       5
                     Federal M andates  Statem ent  .................................................................................  6
                     Preem ption Clarification  ........................................................................................  6
                     Advisory Com m ittee  Statem ent  ..............................................................................  6
                     Applicability  to  Legislative  Branch  .......................................................................  6
                     Section-by-Section  Analysis of the  Legislation  .....................................................  6
                     Changes in Existing Law Made by the Bill, as Reported .....................................  7

                                          PURPOSE   OF LEGISLATION

                       The  purpose of H.R.  6277, the FASTA   Reform  Act  of 2023, is to
                     amend   the Federal  Assets Sale  and  Transfer  Act of 2016  to im-
                     prove such Act, and for other purposes.


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