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To provide for a limitation on availability of funds for Department of Treasury, Alcohol and Tobacco Tax and Trade Bureau, Salaries and Expenses for fiscal year 2024.
12/15/2023, 3:56 PM
Summary of Bill HR 2057
Bill 118 hr 2057, also known as the "Department of Treasury, Alcohol and Tobacco Tax and Trade Bureau, Salaries and Expenses Limitation Act of 2024," aims to place a restriction on the amount of funds available for the Department of Treasury's Alcohol and Tobacco Tax and Trade Bureau (TTB) for the fiscal year 2024. The bill seeks to limit the salaries and expenses of the TTB, which is responsible for regulating and collecting taxes on alcohol and tobacco products.
The purpose of this limitation is not explicitly stated in the bill, but it is likely intended to control government spending and ensure that taxpayer dollars are being used efficiently. By placing a cap on the funds available for the TTB, Congress is signaling its commitment to fiscal responsibility and oversight of government agencies.
If passed, this bill would impact the operations of the TTB by potentially limiting their ability to hire new staff, conduct inspections, and enforce regulations on alcohol and tobacco producers. It could also lead to delays in processing permits and licenses for businesses in these industries. Overall, Bill 118 hr 2057 represents a significant step in the ongoing debate over government spending and the role of regulatory agencies in overseeing industries like alcohol and tobacco. It will be important to monitor the progress of this bill as it moves through Congress to see how it may impact the TTB and the businesses it regulates.
The purpose of this limitation is not explicitly stated in the bill, but it is likely intended to control government spending and ensure that taxpayer dollars are being used efficiently. By placing a cap on the funds available for the TTB, Congress is signaling its commitment to fiscal responsibility and oversight of government agencies.
If passed, this bill would impact the operations of the TTB by potentially limiting their ability to hire new staff, conduct inspections, and enforce regulations on alcohol and tobacco producers. It could also lead to delays in processing permits and licenses for businesses in these industries. Overall, Bill 118 hr 2057 represents a significant step in the ongoing debate over government spending and the role of regulatory agencies in overseeing industries like alcohol and tobacco. It will be important to monitor the progress of this bill as it moves through Congress to see how it may impact the TTB and the businesses it regulates.
Congressional Summary of HR 2057
This bill limits FY2024 funding for the Alcohol and Tobacco Tax and Trade Bureau.
Read the Full Bill
Current Status of Bill HR 2057
Bill HR 2057 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2057 was introduced during Congress 118 and was introduced to the House on March 29, 2023. Bill HR 2057's most recent activity was Referred to the House Committee on Ways and Means. as of March 29, 2023
Bipartisan Support of Bill HR 2057
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
0Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2057
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 2057
To provide for a limitation on availability of funds for Department of Treasury, Alcohol and Tobacco Tax and Trade Bureau, Salaries and Expenses for fiscal year 2024.
To provide for a limitation on availability of funds for Department of Treasury, Alcohol and Tobacco Tax and Trade Bureau, Salaries and Expenses for fiscal year 2024.
Comments
Sponsors and Cosponsors of HR 2057
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