A bill to establish a ten-year moratorium on the construction, alteration, acquisition, or leasing of certain buildings for use by Federal agencies in the Greater Washington area.

[AI summary unavailable — showing source text] Prohibits Federal agencies from building, altering, acquiring, or leasing any building for office or storage space within a 50-mile radius of the Capitol Building between October 1, 1979, and September 30, 1989. Makes specified exemptions from the provisions of this Act including: (1) construction, alteration, or acquisition of a building if the cost of such transaction is less than $500,000; (2) leasing a building at an annual rate of less than $25,000; (3) leasing of a building to the extent that the total aggregate space being leased in the building does not exceed that being leased on October 1, 1979; (4) buildings to be used for national security purposes; and (5) construction or alteration of a building pursuant to a contract entered into before October 1, 1979.…