To direct the Administrator of General Services to submit a report to Congress on the state of the real estate portfolio of the Public Building Service, and for other purposes.

HR 6480 requires the General Services Administration (GSA) to submit an annual report to Congress by January 31st detailing the state of federal government real estate. The report must include specific data points like the number of lease agreements signed or terminated, total leased square footage, vacant space, building ownership counts, financial metrics for space utilization, and plans for relocating agencies from buildings the GSA plans to sell or stop leasing. This bill directly affects GSA's management of federal buildings and leasehold properties, providing Congress with detailed transparency on federal real estate operations. The report aims to inform congressional oversight of federal property use and costs without changing existing laws or policies.