To provide for a limitation on availability of funds for Independent Agencies, Commodity Futures Trading Commission for fiscal year 2024.
Source: Congress.gov ·
227 words in original text
What This Bill Does
This bill limits how much money the Commodity Futures Trading Commission (a federal agency that oversees futures and derivatives markets) can spend in fiscal year 2024. The bill caps the amount of money available to this agency regardless of any other laws that might allow for more spending.
Who It Affects
The Commodity Futures Trading Commission (the federal agency directly regulated by this spending limit).
Key Provisions
• The Commodity Futures Trading Commission cannot spend more than $268,000,000 in fiscal year 2024, even if other laws say it can spend more money (Sec. 1).
What Changes
If this bill becomes law, the Commodity Futures Trading Commission's spending for fiscal year 2024 would be capped at $268,000,000. No other changes to laws or programs are stated in the bill text.
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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