{ "id": "R45295", "type": "CRS Report", "typeId": "REPORTS", "number": "R45295", "active": true, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 597917, "date": "2019-05-07", "retrieved": "2019-12-20T19:17:30.294592", "title": "Financial Services and General Government (FSGG) FY2019 Appropriations: Overview", "summary": "The Financial Services and General Government (FSGG) appropriations bill includes funding for the Department of the Treasury, the Executive Office of the President (EOP), the judiciary, the District of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills fund the same agencies, with one exception. The Commodity Futures Trading Commission (CFTC) is usually funded through the Agriculture appropriations bill in the House and the FSGG bill in the Senate. \nPresident Trump submitted his FY2019 budget request on February 12, 2018. The request included a total of $49.1 billion for agencies funded through the FSGG appropriations bill, including $282 million for the CFTC. The $49.1 billion figure includes $3 billion for a legislative provision on government-wide transfers (Section 737).\nThe 115th Congress House and Senate Committees on Appropriations reported FSGG appropriations bills (H.R. 6258, H.Rept. 115-792 and S. 3107, S.Rept. 115-281) and both houses passed different versions of a broader bill (H.R. 6147) that would have provided FY2019 appropriations. The House-passed H.R. 6147 would have provided a combined total of $45.9 billion for the FSGG agencies, while the Senate-passed H.R. 6147 would have provided $45.7 billion. In both cases, the largest differences compared to the President\u2019s request were in the funding for the General Services Administration (GSA), the funding for the Executive Office of the President, and the absence of the Section 737 provision on government-wide transfers in both bills. No full-year FY2019 FSGG bill was enacted prior to the end of FY2018. The FSGG agencies were provided continuing appropriations until December 7, 2018, in P.L. 115-245 and until December 21, 2018, in P.L. 115-298. No final bill was enacted, and funding for FSGG agencies, along with much of the rest of the government, lapsed on December 22, 2018. No further appropriations occurred prior to the 116th Congress.\nIn the 116th Congress, the House of Representatives passed H.R. 21, which contained six full FY2019 appropriations bills, including FSGG provisions nearly identical to those passed by the Senate in the 115th Congress on January 3, 2019. On January 23, 2019, the House passed H.R. 648, also containing six appropriations bills, which was reportedly based on a potential conference report from the 115th Congress and would have provided $46.0 billion for FSGG appropriations. (Neither of these bills provided full-year funding for the Department of Homeland Security.) The Senate did not act on either of these bills. \nOn February 14, 2019, both the House and the Senate passed a conference report (H.Rept. 116-9) for H.J.Res. 31, containing seven appropriations bills providing full FY2019 funding for the government\u2019s operations that had not been previously funded, including FSGG provisions nearly identical to H.R. 648. The President signed the resolution on February 15, 2019, enacting it into law as P.L. 116-6. The law provides $45.7 billion in the FSGG appropriations portion (Division D), which includes the funding for the CFTC. This is $3.4 billion less than the President\u2019s request, with the bulk of this due to the absence of the Section 737 transfer authority in P.L. 116-6. Other notable differences include the funding for GSA and the Executive Office of the President.\nAlthough financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many financial regulatory agencies, which are funded outside of the appropriations process. The FSGG bills have, however, often contained additional legislative provisions relating to such agencies, as is the case with H.R. 6258/H.R. 6147 in the 115th Congress, whose Title IX contained language from a number of different bills relating to financial regulation. P.L. 116-6 did not contain this language.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "https://www.crs.gov/Reports/R45295", "sha1": "4c0570fa5ce7312691cd83168846728ac47ddfb8", "filename": "files/20190507_R45295_4c0570fa5ce7312691cd83168846728ac47ddfb8.html", "images": {} }, { "format": "PDF", "encoding": null, "url": "https://www.crs.gov/Reports/pdf/R45295", "sha1": "18e670e3efedc24495873e2d302ccce75d2adf25", "filename": "files/20190507_R45295_18e670e3efedc24495873e2d302ccce75d2adf25.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4895, "name": "Financial Services & General Government Appropriations" } ] }, { "source": "EveryCRSReport.com", "id": 586238, "date": "2018-10-05", "retrieved": "2019-04-18T13:38:04.218103", "title": "Financial Services and General Government (FSGG) FY2019 Appropriations: Overview", "summary": "The Financial Services and General Government (FSGG) appropriations bill includes funding for the Department of the Treasury, the Executive Office of the President (EOP), the judiciary, the District of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills fund the same agencies, with one exception. The Commodity Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the House and the FSGG bill in the Senate. \nPresident Trump submitted his FY2019 budget request on February 12, 2018. The request included a total of $49.1 billion for agencies funded through the FSGG appropriations bill, including $282 million for the CFTC. \nThe House Committee on Appropriations reported a Financial Services and General Government Appropriations Act, 2019 (H.R. 6258, H.Rept. 115-792) on June 28, 2018. Total FY2018 funding in the reported bill would be $45.7 billion, with another $255 million for the CFTC included in the Agriculture appropriations bill (H.R. 5961, H.Rept. 115-706). The combined total of $45.9 billion would be about $3.2 billion below the President\u2019s FY2019 request, with the largest difference in the funding for the General Services Administration (GSA) and in government-wide transfers (Section 737). \nH.R. 6258 was included as Division B of H.R. 6147, the interior appropriations bill, when it was considered by the House of Representatives beginning on July 17, 2018. The bill was amended numerous times, shifting funding among FSGG agencies but not changing the FSGG totals. H.R. 6147 passed the House on July 19, 2018.\nThe Senate Committee on Appropriations reported a Financial Services and General Government Appropriations Act, 2019 (S. 3107, S.Rept. 115-281) on June 28, 2018. Funding in S. 3107 totaled $45.9 billion, about $3.2 billion below the President\u2019s FY2018 request, with the largest difference in the funding for the GSA and in government-wide transfers (Section 737).\nThe Senate began floor consideration of H.R. 6147 on July 24, 2018, including the text of S. 3107 as Division B of the amendment in the nature of a substitute (S.Amdt. 3399). The Senate passed its version of H.R. 6147 on August 1, 2018.\nNo full-year FY2019 FSGG bill was enacted prior to the end of FY2018. The FSGG agencies were provided continuing appropriations until December 7, 2018, in Division C of P.L. 115-245. \nAlthough financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many financial regulatory agencies, which are funded outside of the appropriations process. The FSGG bills do, however, often contain additional legislative provisions relating to such agencies, as is the case with H.R. 6258/H.R. 6147, which contains language from a number of different bills relating to financial regulation that had previously passed the House.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "https://www.crs.gov/Reports/R45295", "sha1": "2aeb38a54053b9f3b0298a0e908ec26dc345b3b1", "filename": "files/20181005_R45295_2aeb38a54053b9f3b0298a0e908ec26dc345b3b1.html", "images": {} }, { "format": "PDF", "encoding": null, "url": "https://www.crs.gov/Reports/pdf/R45295", "sha1": "ce4ba457db554d63d20d7b4732d6d7630c6f433a", "filename": "files/20181005_R45295_ce4ba457db554d63d20d7b4732d6d7630c6f433a.pdf", "images": {} } ], "topics": [ { "source": "IBCList", "id": 4895, "name": "Financial Services & General Government Appropriations" } ] }, { "source": "EveryCRSReport.com", "id": 584027, "date": "2018-08-24", "retrieved": "2018-08-27T15:01:50.373358", "title": "Financial Services and General Government (FSGG) FY2019 Appropriations: Overview", "summary": "The Financial Services and General Government (FSGG) appropriations bill includes funding for the Department of the Treasury, the Executive Office of the President (EOP), the judiciary, the District of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills fund the same agencies, with one exception. The Commodity Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the House and the FSGG bill in the Senate. \nPresident Trump submitted his FY2019 budget request on February 12, 2018. The request included a total of $49.1 billion for agencies funded through the FSGG appropriations bill, including $282 million for the CFTC. \nThe House Committee on Appropriations reported a Financial Services and General Government Appropriations Act, 2019 (H.R. 6258, H.Rept. 115-792) on June 28, 2018. Total FY2018 funding in the reported bill would be $45.7 billion, with another $255 million for the CFTC included in the Agriculture appropriations bill (H.R. 5961, H.Rept. 115-706). The combined total of $45.9 billion would be about $3.2 billion below the President\u2019s FY2019 request, with the largest difference in the funding for the General Services Administration (GSA) and in government-wide transfers (Section 737). \nH.R. 6258 was included as Division B of H.R. 6147, the interior appropriations bill, when it was considered by the House of Representatives beginning on July 17, 2018. The bill was amended numerous times, shifting funding among FSGG agencies but not changing the FSGG totals. H.R. 6147 passed the House on July 19, 2018.\nThe Senate Committee on Appropriations reported a Financial Services and General Government Appropriations Act, 2019 (S. 3107, S.Rept. 115-281) on June 28, 2018. Funding in S. 3107 totaled $45.9 billion, about $3.2 billion below the President\u2019s FY2018 request, with the largest difference in the funding for the GSA and in government-wide transfers (Section 737).\nThe Senate began floor consideration of H.R. 6147 on July 24, 2018, including the text of S. 3107 as Division B of the amendment in the nature of a substitute (S.Amdt. 3399). The Senate passed its version of H.R. 6147 on August 1, 2018.\nAlthough financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many financial regulatory agencies, which are funded outside of the appropriations process. The FSGG bills do, however, often contain additional legislative provisions relating to such agencies, as is the case with H.R. 6258/H.R. 6147, which contains language from a number of different bills relating to financial regulation that had previously passed the House.", "type": "CRS Report", "typeId": "REPORTS", "active": true, "formats": [ { "format": "HTML", "encoding": "utf-8", "url": "http://www.crs.gov/Reports/R45295", "sha1": "ab5e30ef09ac146608eb18d2728d8fb3162cb35c", "filename": "files/20180824_R45295_ab5e30ef09ac146608eb18d2728d8fb3162cb35c.html", "images": {} }, { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/R45295", "sha1": "cf82e718d793d67facbcdc84fcbc3985362312af", "filename": "files/20180824_R45295_cf82e718d793d67facbcdc84fcbc3985362312af.pdf", "images": {} } ], "topics": [] } ], "topics": [ "Appropriations", "Economic Policy" ] }