A bill to authorize the Administrator of General Services to convey a parcel of real property to the Alaska Railroad Corporation.

Requires the Administrator of the General Services Administration (GSA) to convey all right, title, and interest of the United States in and to the GSA Fleet Management Center (located in Anchorage, Alaska) to the Alaska Railroad Corporation in exchange for: (1) suitable replacement property and such other consideration as agreed to; or (2) payment of fair market value. Requires any proceeds received to be deposited into the Federal Buildings Fund.