To establish a pilot program for the expedited disposal of Federal real property.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Excess Federal Building and Property Disposal Act of 2011''.
SEC. 2. FEDERAL REAL PROPERTY DISPOSAL PILOT PROGRAM.
(a) In General.--Chapter 5 of subtitle I of title 40, United States Code, is amended by adding at the end the following:
``SUBCHAPTER VII--EXPEDITED DISPOSAL OF REAL PROPERTY
``Sec. 621. Pilot program ``(a) In General.--The Director of the Office of Management and Budget (in this subchapter referred to as the `Director') shall conduct a pilot program, to be known as the `Federal Real Property Disposal Pilot Program', under which real property that is not meeting Federal Government needs may be disposed of in accordance with this subchapter. ``(b) Criteria for Pilot Program.--For purposes of this subchapter, the Director shall identify criteria for determining whether real property is not meeting Federal Government needs. ``(c) Disposal.--During the period beginning October 1, 2011, and ending September 30, 2020, the Director shall dispose of real property sufficient to generate proceeds of not less than $19,000,000,000 under the Federal Real Property Disposal Pilot Program. ``(d) Exception.--The Director shall not include for purposes of the Federal Real Property Pilot Program any parcel of real property, building, or other structure located on such real property that is to be closed or realigned under the Defense Base Closure...