To permit the Administrator of General Services to make repairs and lease space without approval of a prospectus if the repair or lease is required as a result of damages to buildings or property attributable to Hurricane Katrina or Hurricane Rita.

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Authorizes the Administrator of General Services, in carrying out duties relating to the acquisition, construction, and alteration of public buildings and works, to: (1) repair a public building; (2) repair any building, or part of the building, that is under lease by the federal government for use for a public purpose; and (3) lease space for use for a public purpose, without approval of a prospectus, if the lease or repair is required as a result of damages to buildings or property attributable to Hurricane Katrina or Hurricane Rita.

Requires: (1) the Administrator to submit to specified congressional committees initial and final reports on such repairs; (2) lease agreements entered into under this Act to be for a term of five years or less; and (3) the Administrator to submit to such committees reports on such leases.

Declares that the authority provided by this Act to enter into an agreement for a repair or lease shall cease to be effective on the day that is one year after the date of enactment of this Act.