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To provide for a limitation on availability of funds for Department of Treasury, Bureau of the Fical Service, Salaries and Expenses for fiscal year 2024.

12/15/2023, 3:56 PM

Summary of Bill HR 2056

Bill 118 hr 2056, also known as the "Department of Treasury, Bureau of the Fiscal Service, Salaries and Expenses Limitation Act of 2024," aims to place restrictions on the availability of funds for the Department of Treasury's Bureau of the Fiscal Service for the fiscal year 2024. The bill seeks to limit the amount of money that can be allocated towards salaries and expenses within the Bureau of the Fiscal Service.

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. By placing restrictions on the funds available for salaries and expenses within the Bureau of the Fiscal Service, lawmakers may be seeking to encourage fiscal responsibility and accountability within the department.

It is important to note that this bill does not eliminate funding for the Bureau of the Fiscal Service entirely, but rather sets a cap on the amount of money that can be spent on salaries and expenses. This limitation may impact the operations and staffing within the department, potentially leading to changes in how resources are allocated and utilized. Overall, Bill 118 hr 2056 represents a legislative effort to control spending within the Department of Treasury's Bureau of the Fiscal Service for the fiscal year 2024. The specific implications and effects of this limitation will depend on how it is implemented and enforced by the department.

Congressional Summary of HR 2056

This bill limits FY2024 funding for the Department of the Treasury's Bureau of the Fiscal Service Salaries and Expenses account.

Current Status of Bill HR 2056

Bill HR 2056 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2056 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2056's most recent activity was Referred to the House Committee on Ways and Means. as of March 29, 2023

Bipartisan Support of Bill HR 2056

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
0
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2056

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2056

To provide for a limitation on availability of funds for Department of Treasury, Bureau of the Fical Service, Salaries and Expenses for fiscal year 2024.
To provide for a limitation on availability of funds for Department of Treasury, Bureau of the Fical Service, Salaries and Expenses for fiscal year 2024.

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