The SWAMP Act (Stop Wasteful Allocations of Money for Pelosi Act) would require the Administrator of General Services (GSA) to dispose of the federal property known as the Speaker Nancy Pelosi Federal Building in San Francisco, no later than May 31, 2025. The disposal would follow the standard process for federal real estate under subchapter III of chapter 5 of title 40, United States Code. If that disposal method is not feasible, the Administrator would instead sell the property at fair market value for the highest and best use. The property in question is 90 7th Street, San Francisco, CA 94103, including the building named after Speaker Pelosi, subject to a survey as determined appropriate by the Administrator. The bill’s intended effect appears to be to divest the federal government of this asset and, implicitly, to remove or reduce the use of a building named after a living political figure.
Key Points
- 1Mandates sale or disposal of the property by May 31, 2025, under the federal real estate disposal rules (40 U.S.C. ch. 5, subchapter III).
- 2The property covered is the 90 7th Street complex in San Francisco, including the Speaker Nancy Pelosi Federal Building, subject to a survey as deemed appropriate by the GSA.
- 3If standard disposal is not feasible, the Administrator must sell the property at fair market value for the highest and best use.
- 4The bill creates a named “SWAMP Act” with the short title, but does not specify how sale proceeds would be used or how branding/naming would be handled after sale.
- 5Sponsor and legislative tracking: introduced in the House (H.R. 1779) in the 119th Congress; referred to the Committee on Transportation and Infrastructure; status is “Introduced.”