CONGRESSWOMAN ELISE STEFANIK
On June 17, 2014, the House will consider H.R. 3998, the Albuquerque, New Mexico, Federal Land Conveyance Act of 2014, under a suspension of the rules. H.R. 3998 was introduced on February 5, 2014 by Rep. Michelle Lujan Grisham (D-NM) and referred to the House Transportation and Infrastructure Committee, which ordered the bill reported, as amended, by voice vote.
H.R. 3998 authorizes the Administrator of General Services to transfer ownership of the historic post office located in Albuquerque, New Mexico, to the Amy Biehl High School Foundation, for compensation equal to the fair market value of the property.
Amy Biehl High School, a public charter school, has been located within the post office since 2006, and currently has a 20 year lease with an option to extend. GSA receives nominal rent from the Foundation, and the Foundation has invested money to renovate and restore the building. The GSA has determined that the cost of managing the facility exceeds the profits they receive from the lease.
 House Report 113-408, p. 2.
 Id. at 2-3.
CBO estimates that enacting this legislation would increase offsetting receipts. However, net offsetting receipts from the sale would be negligible.
For questions or further information contact the GOP Conference at 5-5107.