Public Law 92-313 Paves the Way for "Federal Rent Checks"
Published on January 28, 2019
Back in 1972, Congress included a special provision in the Public Buildings Amendments – otherwise known as Public Law 92-313.
If you’ve never heard of it don’t worry, you aren’t alone.
When Public Law 92-313 was passed, it wasn’t exactly a headline grabber.
It was sandwiched between a law authorizing the sale of land to the Southern Ute Indian Tribe and an appropriations bill for the Atomic Energy Commission.
So it was easy to overlook on Congress’ legislative schedule.
“For the first time, Federal agencies will be required to pay for space assigned to them through a user charge equivalent to commercial rent.” – GSA Annual Report 1972
And there is a smart investment that you can use to profit from this situation using what I call "federal rent checks."