1. Sale of Webster School (a) Sale Not later than December 31, 2025, the Administrator of General Services (referred to in this section as the Administrator ) shall— (1) dispose of the property described in subsection (b) pursuant to subchapter III of chapter 5 of title 40, United States Code; or (2) if a disposal pursuant to paragraph (1) is not feasible, in the determination of the Administrator, sell the property described in that subsection at fair market value and for the highest and best use. (b) Property described The property referred to in subsection (a) is the property generally consisting of Lot 822 of Square 375 at 940 H Street Northwest in Washington, District of Columbia, including the building known as the Webster School, subject to a survey, as determined appropriate by the Administrator. (c) Treatment of net proceeds; future appropriation (1) In general Any net proceeds received from the disposal or sale under this section shall be deposited into an account in the Federal Buildings Fund established by section 592(a) of title 40, United States Code (referred to in this subsection as the Fund ). (2) Future appropriation On deposit of net proceeds into the Fund under paragraph (1), those net proceeds may only be expended pursuant to a specific future appropriation.

May 22, 2024 Reported with an amendment