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Financial Services and General Government Appropriations Act, 2025

8/9/2024, 5:28 PM

Summary of Bill S 4928

Bill 118 s 4928, also known as the Financial Services and General Government Appropriations Act, 2025, is a piece of legislation currently being considered by the US Congress. This bill focuses on allocating funds for various government agencies and programs related to financial services and general government operations for the fiscal year 2025.

The bill includes provisions for funding agencies such as the Department of the Treasury, the Securities and Exchange Commission, the Federal Trade Commission, and the Small Business Administration. It also includes funding for the Internal Revenue Service, the Office of Management and Budget, and the Federal Communications Commission.

Some key provisions of the bill include funding for cybersecurity initiatives to protect government systems and data, support for small businesses through loans and grants, and resources for consumer protection efforts. The bill also addresses funding for the implementation of the Affordable Care Act and provisions related to the regulation of financial institutions. Overall, the Financial Services and General Government Appropriations Act, 2025 aims to provide the necessary funding for government agencies to carry out their operations effectively and efficiently in the areas of financial services and general government functions. It is currently under review by Congress and may undergo changes before being passed into law.

Congressional Summary of S 4928

Financial Services and General Government Appropriations Act, 2025

This bill provides FY2025 appropriations for several federal departments and agencies, including

  • the Department of the Treasury,
  • the Executive Office of the President,
  • the judiciary,
  • the District of Columbia, and
  • several independent agencies.

The independent agencies funded in the bill include

  • the Administrative Conference of the United States,
  • the Commodity Futures Trading Commission,
  • the Consumer Product Safety Commission,
  • the Council of the Inspectors General on Integrity and Efficiency,
  • the Election Assistance Commission,
  • the Federal Communications Commission,
  • the Federal Deposit Insurance Corporation,
  • the Federal Election Commission,
  • the Federal Labor Relations Authority,
  • the Federal Trade Commission,
  • the General Services Administration,
  • the Harry S. Truman Scholarship Foundation,
  • the Merit Systems Protection Board,
  • the Morris K. Udall and Stewart L. Udall Foundation,
  • the National Archives and Records Administration,
  • the National Credit Union Administration,
  • the Office of Government Ethics,
  • the Office of Personnel Management,
  • the Office of Special Counsel,
  • the Privacy and Civil Liberties Oversight Board,
  • the Public Buildings Reform Board,
  • the Securities and Exchange Commission,
  • the Selective Service System,
  • the Small Business Administration,
  • the U.S. Postal Service, and
  • the U.S. Tax Court.

The bill also sets forth requirements and restrictions for using funds provided by this and other appropriations acts.

Current Status of Bill S 4928

Bill S 4928 is currently in the status of Bill Introduced since August 1, 2024. Bill S 4928 was introduced during Congress 118 and was introduced to the Senate on August 1, 2024.  Bill S 4928's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 470. as of August 1, 2024

Bipartisan Support of Bill S 4928

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

Policy Area and Potential Impact of Bill S 4928

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 4928

Judiciary Appropriations Act, 2025
District of Columbia Appropriations Act, 2025
Executive Office of the President Appropriations Act, 2025
Department of the Treasury Appropriations Act, 2025
Financial Services and General Government Appropriations Act, 2025
Financial Services and General Government Appropriations Act, 2025
A bill making appropriations for financial services and general government for the fiscal year ending September 30, 2025, and for other purposes.

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