Financial Services and General Government Appropriations Act, 2012
Latest action. Placed on the Union Calendar, Calendar No. 86.
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Financial Services and General Government Appropriations Act, 2012 - Title I: Department of the Treasury - Makes appropriations for FY2012 to the Department of the Treasury for: (1) departmental offices, (2) the Office of Terrorism and Financial Intelligence, (3) the Office of Inspector General, (4) the Treasury Inspector General for Tax Administration, (5) the Special Inspector General for the Troubled Asset Relief Program (TARP), (6) the Financial Crimes Enforcement Network, (7) the Financial Management Service, (8) the Alcohol and Tobacco Tax and Trade Bureau, (9) the U.S. Mint for the U.S. Mint Public Enterprise Fund, (10) the Bureau of the Public Debt, (11) the Community Development Financial Institutions Fund Program Account, and (12) the Internal Revenue Service (IRS).
Sets forth certain transfers of funds, plus a permanent rescission of certain funds from the Treasury Forfeiture Fund.
(Sec. 101) Prohibits the Board of Governors of the Federal Reserve from transferring, during FY2012, more than $200 million to the Consumer Financial Protection Bureau (CFPB) for any activities authorized to be carried out under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). Limits the CFPB's obligations for FY2012 for such activities to such amount.
(Sec. 102) Prohibits the Federal Reserve Board from transferring, during FY2013, amounts specified under the Act to the CFPB.
Authorizes appropriations for FY2013 to the CFPB as are necessary to carry out its authorities under federal consumer financial law.
(Sec. 104) Requires the IRS to maintain a training program for IRS employees in taxpayers' rights, in dealing courteously with taxpayers, and in cross-cultural relations.
(Sec. 106 ) Makes funds for the IRS under any Act available for improved facilities and increased staffing to provide sufficient and effective 1-800 help line service for taxpayers.
(Sec. 107) Bars the use of IRS funds made available by this Act to implement or enforce requirements under the Internal Revenue Code and the Patient Protection and Affordable Care Act (PPACA) regarding: (1) mandatory minimum essential health insurance coverage for certain individuals, (2) filing of informational returns by providers of minimum essential health insurance coverage identifying such individuals, and (3) notification to unenrolled individuals of information on services available through their state American Health Benefit Exchange.
The summary continues for 95 more paragraphs. Read it in full on Congress.gov
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Reported to House without amendment" stage on July 7, 2011. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on July 7, 2011: Placed on the Union Calendar, Calendar No. 86.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 112th Congress (2011-12), 283 of the 10,618 bills and joint resolutions introduced became law, about 2.7 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
JO EMERSON (R-MO) introduced it on July 7, 2011. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on July 7, 2011, 5544 days ago. The most recent recorded action was 5544 days ago, on July 7, 2011.
Measures do not carry over. Anything the 112th Congress has not finished by January 3, 2013 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers