H.R. 2220 · 117th Congress · 2021–2022
To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.
H.R. 2220 in the 117th Congress (2021–2022) became law — introduced on Mar 26, 2021, sponsored by Michael Guest with 2 co-sponsors. Congress held 1 roll call vote on it.
During the 117th Congress (2021–2022), Joe Biden was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Became law
- Introduced
- Mar 26, 2021
- Co-sponsors
- 2
- Policy area
- Government Operations and Politics
- Public law
- Public Law 117-257
What it does
This act specifies that a bargain-price purchase option (i.e., the option to purchase property at less than fair market value) in a lease agreement for a federal building may be exercised only to the extent the option is specifically provided for in subsequent acts of Congress. The act applies to lease agreements that are entered into on or after January 1, 2021.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Michael Guest (R-MS). Co-sponsors: 2 Republicans.
Where it stands
- IntroducedMar 26, 2021
- Passed the HouseNov 4, 2021
- Passed the SenateNov 30, 2022
- Sent to the PresidentDec 16, 2022
- Became lawDec 21, 2022
Latest action: Became Public Law No: 117-257. (Dec 21, 2022)
How Congress voted
- On Motion to Suspend the Rules and Pass
House · Nov 4, 2021 · Passed416–4
Every roll call vote on this bill
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- H.R. 26: Construction Consensus Procurement Improvement Act of 2021
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- S. 1828: HAVANA Act of 2021
- H.R. 390: To redesignate the Federal building located at 167 North Main Street in Memphis, Tennessee as the…
- H.R. 4660: To designate the Federal Building and United States Courthouse located at 1125 Chapline Street in…
- S. 566: A bill to designate the facility of the United States Postal Service located at 42 Main Street in…
- S. 583: PRICE Act of 2021
Committees
- Environment and Public Works Committee
- Transportation and Infrastructure Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 2220 (117th Congress): To amend title 40, United States Code…,” https://www.capitolreceipts.com/bill/117-hr-2220/to-amend-title-40-united-states-code-to-modify (accessed 2026-10-15).