To provide for a limitation on availability of funds for Independent Agencies, Asset Proceeds and Space Management Fund for fiscal year 2024.

Bill 118 hr 2122, also known as the "Limitation on Availability of Funds for Independent Agencies, Asset Proceeds and Space Management Fund for Fiscal Year 2024," aims to place restrictions on the funds available to independent agencies for the upcoming fiscal year. The bill specifically targets the Asset Proceeds and Space Management Fund, which is used by independent agencies to manage their assets and office space.

If passed, this bill would limit the amount of funds that independent agencies can access from the Asset Proceeds and Space Management Fund for fiscal year 2024. This limitation is intended to ensure that independent agencies are using their funds efficiently and effectively, and to prevent any misuse or wasteful spending.

Overall, this bill seeks to promote fiscal responsibility and accountability within independent agencies by placing restrictions on their access to funds for asset management and office space. It is important to note that this bill is non-partisan and focuses solely on financial management within independent agencies.