To provide for a limitation on availability of funds for Department of Treasury, Departmental Offices, Salaries and Expenses for fiscal year 2024.

Hozzl · 2023-12-15T15:56:15Z

Explore the details of House Bill 2047 To provide for a limitation on availability of funds for Department of Treasury, Departmental Offices, Salaries and Expenses for fiscal year 2024. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

12/15/2023, 3:56 PM

Summary of Bill HR 2047

Bill 118 hr 2047, also known as the Department of Treasury, Departmental Offices, Salaries and Expenses Limitation Act for fiscal year 2024, aims to place restrictions on the availability of funds for the Department of Treasury's Departmental Offices. The bill seeks to limit the amount of money that can be allocated for salaries and expenses within the Department of Treasury for the fiscal year 2024.

The purpose of this limitation is not explicitly stated in the bill itself, but it is likely intended to control government spending and ensure that taxpayer dollars are being used efficiently within the Department of Treasury. By placing restrictions on the availability of funds for salaries and expenses, the bill may force the Department of Treasury to prioritize its spending and make more strategic decisions about how to allocate its resources.

It is important to note that this bill does not eliminate funding for the Department of Treasury's Departmental Offices entirely, but rather sets a limit on the amount of money that can be spent on salaries and expenses. This means that other essential functions of the Department of Treasury will still be able to receive funding as needed. Overall, Bill 118 hr 2047 represents a potential effort to control government spending within the Department of Treasury by placing limitations on the availability of funds for salaries and expenses for the fiscal year 2024.

Congressional Summary of HR 2047

This bill limits FY2024 funding for the Department of the Treasury's Departmental Offices Salaries and Expenses program.

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Current Status of Bill HR 2047

Bill HR 2047 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2047 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2047's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 29, 2023