To provide for a limitation on availability of funds for Department of Treasury, Office of the Special Inspector General for the Troubled Asset Relief Program, Salaries and Expenses for fiscal year 2024.

12/15/2023, 3:56 PM

Summary of Bill HR 2054

Bill 118 hr 2054, also known as the "Limitation on Availability of Funds for Department of Treasury, Office of the Special Inspector General for the Troubled Asset Relief Program, Salaries and Expenses for Fiscal Year 2024," aims to restrict the amount of funds that can be allocated to the Department of Treasury's Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) for the fiscal year 2024.

The bill sets a specific limit on the amount of money that can be used for salaries and expenses within the SIGTARP office. This limitation is intended to ensure that taxpayer dollars are being used efficiently and effectively within the department.

By placing a cap on the funds available for SIGTARP salaries and expenses, the bill aims to promote accountability and oversight within the Troubled Asset Relief Program. This program was established in response to the 2008 financial crisis to stabilize the economy and prevent further economic collapse. Overall, Bill 118 hr 2054 seeks to ensure that taxpayer funds are being used responsibly within the Department of Treasury's Office of the Special Inspector General for the Troubled Asset Relief Program for the fiscal year 2024.

Congressional Summary of HR 2054

This bill limits FY2024 funding for the Department of the Treasury's Office of the Special Inspector General for the Troubled Asset Relief Program.

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Current Status of Bill HR 2054

Bill HR 2054 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2054 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2054's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2023

Bipartisan Support of Bill HR 2054

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 2054

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill HR 2054

To provide for a limitation on availability of funds for Department of Treasury, Office of the Special Inspector General for the Troubled Asset Relief Program, Salaries and Expenses for fiscal year 2024.