Federal

Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Eighteenth Congress.

Source: Congress.gov · 347 words in original text

What This Bill Does

This resolution provides money for the Committee on Financial Services to run its operations during the 118th Congress. The money covers staff salaries and other expenses the committee needs to function.

Who It Affects

The Committee on Financial Services and its staff members are directly affected by this resolution.

Key Provisions

• The Committee on Financial Services receives up to $20,370,000 total for the 118th Congress to pay for staff salaries and expenses (Sec. 1) • Up to $10,185,000 can be spent from January 3, 2023 through January 2, 2024 (Sec. 2) • Up to $10,185,000 can be spent from January 3, 2024 through January 2, 2025 (Sec. 2) • The Committee Chairman must sign payment vouchers authorizing the spending (Sec. 3) • The Committee on House Administration must approve payments and set rules for how the money is spent (Sec. 3 and Sec. 4)

What Changes

The Committee on Financial Services gains a budget of up to $20,370,000 divided equally between two budget periods if this resolution passes.

Important Definitions

None defined in bill text.

IV 118TH CONGRESS 1ST SESSION H. RES. 138 Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Eighteenth Congress. IN THE HOUSE OF REPRESENTATIVES FEBRUARY 17, 2023 Mr. MCHENRY submitted the following resolution; which was referred to the Committee on House Administration RESOLUTION Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Eighteenth Congress. Resolved, 1 SECTION 1. AMOUNTS FOR COMMITTEE EXPENSES. 2 For the expenses of the Committee on Financial 3 Services (hereafter in this resolution referred to as the 4 ‘‘Committee’’), including the expenses of all staff salaries, 5 there shall be paid, out of the applicable accounts of the 6 House of Representatives for committee salaries and ex- 7 penses, not more than $20,370,000 for the One Hundred 8 Eighteenth Congress. 9 VerDate Sep 11 2014 00:09 Feb 18, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\HR138.IH HR138 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •HRES 138 IH SEC. 2. SESSION LIMITATIONS. 1 Of the amount specified in section 1— 2 (1) not more than $10,185,000 shall be avail- 3 able for expenses incurred during the period begin- 4 ning at noon on January 3, 2023, and ending imme- 5 diately before noon on January 3, 2024; and 6 (2) not more than $10,185,000 shall be avail- 7 able for expenses incurred during the period begin- 8 ning at noon on January 3, 2024, and ending imme- 9 diately before noon on January 3, 2025. 10 SEC. 3. VOUCHERS. 11 Payments under this resolution shall be made on 12 vouchers authorized by the Committee, signed by the 13 Chairman of the Committee, and approved in the manner 14 directed by the Committee on House Administration. 15 SEC. 4. REGULATIONS. 16 Amounts made available under this resolution shall 17 be expended in accordance with regulations prescribed by 18 the Committee on House Administration. 19 Æ VerDate Sep 11 2014 00:09 Feb 18, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\HR138.IH HR138 pbinns on DSKJLVW7X2PROD with $$_JOB

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