To provide for a limitation on availability of funds for Independent Agencies, Federal Trade Commission, Salaries and Expenses for fiscal year 2024.
Source: Congress.gov ·
235 words in original text
What This Bill Does
This bill puts a spending cap on the Federal Trade Commission's budget for employee salaries and related expenses in fiscal year 2024. The bill prevents the Federal Trade Commission from spending more than a specific amount of money during that year.
Who It Affects
The Federal Trade Commission (an independent government agency that works on consumer protection and competition issues) and Congress (which controls federal spending).
Key Provisions
• The Federal Trade Commission cannot spend more than $309,700,000 on salaries and expenses in fiscal year 2024. (Sec. 1)
What Changes
If this bill becomes law, the Federal Trade Commission would be limited to spending no more than $309,700,000 for employee salaries and related expenses during fiscal year 2024.
Important Definitions
None defined in bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
It is not legal advice. Always consult the official bill text on Congress.gov
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