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To provide for a limitation on availability of funds for Department of Treasury, Financial Crimes Enforcement Network, Salaries and Expenses for fiscal year 2024.
12/15/2023, 3:56 PM
Summary of Bill HR 2055
Bill 118 hr 2055, also known as the "Limitation on Availability of Funds for Department of Treasury, Financial Crimes Enforcement Network, Salaries and Expenses for Fiscal Year 2024," aims to restrict the amount of funds that can be allocated to the Department of Treasury's Financial Crimes Enforcement Network (FinCEN) for salaries and expenses in the fiscal year 2024.
The bill sets a specific limit on the amount of money that can be used for salaries and expenses within FinCEN, which is responsible for combating money laundering and other financial crimes. This limitation is intended to ensure that taxpayer dollars are being used efficiently and effectively within the agency.
By placing a cap on the funds available for FinCEN salaries and expenses, the bill aims to promote fiscal responsibility and accountability within the Department of Treasury. This measure may also encourage greater transparency and oversight of how funds are being allocated and spent within FinCEN. Overall, Bill 118 hr 2055 seeks to ensure that taxpayer dollars are being used wisely within the Department of Treasury's Financial Crimes Enforcement Network by placing limitations on the availability of funds for salaries and expenses in the fiscal year 2024.
The bill sets a specific limit on the amount of money that can be used for salaries and expenses within FinCEN, which is responsible for combating money laundering and other financial crimes. This limitation is intended to ensure that taxpayer dollars are being used efficiently and effectively within the agency.
By placing a cap on the funds available for FinCEN salaries and expenses, the bill aims to promote fiscal responsibility and accountability within the Department of Treasury. This measure may also encourage greater transparency and oversight of how funds are being allocated and spent within FinCEN. Overall, Bill 118 hr 2055 seeks to ensure that taxpayer dollars are being used wisely within the Department of Treasury's Financial Crimes Enforcement Network by placing limitations on the availability of funds for salaries and expenses in the fiscal year 2024.
Current Status of Bill HR 2055
Bill HR 2055 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2055 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2055's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2023
Bipartisan Support of Bill HR 2055
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2055
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 2055
To provide for a limitation on availability of funds for Department of Treasury, Financial Crimes Enforcement Network, Salaries and Expenses for fiscal year 2024.
To provide for a limitation on availability of funds for Department of Treasury, Financial Crimes Enforcement Network, Salaries and Expenses for fiscal year 2024.
Comments
Sponsors and Cosponsors of HR 2055
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