Public Law 116–276: To require the disclosure of ownership of high-security space leased to accommodate a Federal agency, and for other purposes.

This Act may be cited as the “” or the “”.

Congress finds that—

(A)

In general.—

(B)

Exceptions.—

The term “” means, with respect to a covered entity—

The term “” means—

The term “” has the meaning given the term in section 105 of title 5, United States Code.

The term “” means any Executive agency or any establishment in the legislative or judicial branch of the Government.

The term “”—

The term “”—

The term “” means a covered entity that is headquartered or incorporated in a country that is not the United States.

The term “” means an individual who is not a United States person.134 STAT. 3364

The term “” means a space leased by a Federal lessee that—

The term “” means the entity that owns or controls an immediate owner of the offeror of a lease, or that owns or controls 1 or more entities that control an immediate owner of the offeror.

The term “” means an entity, other than the offeror of a lease, that has direct control of the offeror, including ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.

The term “” has the meaning given the term in section 3 of the National Security Act of 1947 (50 U.S.C. 3003).

The term “” means, with respect to a natural person described in paragraph (1)(A)(ii), having an entitlement to the funds or assets of a covered entity that, as a practical matter, enables the person, directly or indirectly, to control, manage, or direct the covered entity.

The term “” means an individual who—

The term “” means a fund that has not less than 100 natural persons as direct or indirect investors.

Before entering into a lease agreement with a covered entity or approving a novation agreement with a covered entity involving a change of ownership under a lease that will be used for high-security leased space, a Federal lessee shall require the covered entity to identify and disclose whether the immediate or highest-level owner of the leased space, including an entity involved in the financing thereof, is a foreign person or a foreign entity, including the country associated with the ownership entity.

If a disclosure is made under subsection (a), the Federal lessee shall notify the Federal tenant of the building or other improvement that will be used for high-security space in writing, and consult with the Federal tenant, regarding security concerns and necessary mitigation measures, if any, prior to award of the lease or approval of the novation agreement.134 STAT. 3365

(2)

Deadline.

Effective date.

Updates.—

The General Services Administration, in coordination with the Office of Management and Budget, shall develop a Government-wide plan for agencies (as such term is defined in section 551 of title 5, United States Code) for identifying all immediate, highest-level, or beneficial owners of high-security leased spaces before entering into a lease agreement with a covered entity for the accommodation of a Federal tenant in a high-security leased space.

(1)

Contents.—

(2)

Disclosures and notifications.—

The General Services Administration shall—

the covered entity and any member of the property management company who may be responsible for oversight or maintenance of the high-security leased space shall not—

access to the high-security leased space or any property or information located within that space will only be granted by the Federal tenant if the Federal tenant determines that the access is clearly consistent with the mission and responsibilities of the Federal tenant; and

the Federal lessee shall have written procedures in place, signed by the Federal lessee and the covered entity, governing access to the high-security leased space in case of emergencies that may damage the leased property.