IntroducedFiled Dec 10, 2025
Sponsor: Rep. Smith, Jason [R-MO-8] (R)
Latest Action
Committee Hearings Held
May 20, 2026
Summary
The bill creates an independent authority for the Secretary of Veterans Affairs to sign up to 20‑year leases for major medical facilities, using a newly created Veterans Leasing Fund. It requires market‑based cost estimates, approval by veterans’ affairs committees, and a one‑year deadline to award each lease, with mandatory notifications if costs exceed estimates. The goal is to speed up the acquisition or construction of medical sites for veterans while adding congressional oversight.
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