Bills · HRES 103
IN COMMITTEE· 119TH CONGRESS
House Res.HRES 103House Committee on Financial ServicesCongressional committees
Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Nineteenth Congress.
INTRO FEB 4· LAST ACTION FEB 4
READING
1MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Non-binding
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it provides the essential funding that allows a key Congressional committee to function. Without this money, the House Committee on Financial Services would struggle to pay its staff, conduct investigations into financial markets, hold hearings on important economic issues, or draft new laws related to banking, housing, and the economy.
If this bill becomes law, the committee can continue its work, ensuring that financial regulations are reviewed and that the government maintains oversight of the financial sector. If it doesn't pass, the committee's operations would be severely hampered, potentially slowing down or even stopping legislative efforts and oversight crucial for maintaining a stable and fair financial system.
KEY PROVISIONS
4AI-extractedPROVISION 01
Allocates a total of $22,407,000 for the expenses of the Committee on Financial Services for the 119th Congress.
This sets the overall budget for the committee's operations, including staff salaries, for a two-year period.
PROVISION 02
Divides the total funding into two equal portions of $11,203,500, one for each year of the 119th Congress (January 2025-2026 and January 2026-2027).
This ensures that the funds are available over the entire two-year period and are managed on an annual basis.
PROVISION 03
Requires all payments to be made via vouchers authorized by the Committee, signed by its Chairman, and approved by the Committee on House Administration.
This provision establishes a clear accountability process for how the committee's funds are spent.
PROVISION 04
Mandates that all funds be spent according to regulations prescribed by the Committee on House Administration.
This ensures financial propriety and adherence to established House spending rules for committee operations.
SPONSORSHIP
1 + 0
R· Arkansas
YRS IN OFFICE
11
BILLS LED
33
ACTION TIMELINE
2 EVENTSFEB 4
Submitted in House
FEB 4
Referred to the House Committee on House Administration.
BILL INFO
TypeHouse Resolution
NumberHRES 103
Congress119th
StatusIn Committee
IntroducedFeb 4, 2025
Last actionFeb 4, 2025
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IN COMMITTEE· 119TH CONGRESS · COMMITTEE ON HOUSE ADMINISTRATION · INTRODUCED FEB 4, 2025
House Res.HRES 103House Committee on Financial ServicesCongressional committees
Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Nineteenth Congress.
INTRODUCED FEB 4, 2025· LAST ACTION FEB 4, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
0
COMPLEXITY
Moderate
