Financial Services and General Government Appropriations Act, 2015
Latest action. Received in the Senate and Read twice and referred to the Committee on appropriationA law permitting federal agencies to spend money. The Constitution forbids any spending without one, Congress's 'power of the purse'.Read the full definition (opens a new tab).
Highlights:
The Financial Services and General Government Appropriations Act, 2015 provides appropriations for FY2015 for agencies responsible for regulating the financial, telecommunications, and consumer products industries; collecting taxes and assisting taxpayers; managing federal buildings; overseeing the federal workforce; and operating the Executive Office of the President, the judiciary, federal buildings, and the District of Columbia.
The bill increases funding above FY2014 levels for the federal judiciary and the Securities and Exchange Commission (SEC).
The bill decreases funding below FY2014 levels for the Department of the Treasury, including decreases for the Internal Revenue Service (IRS), the District of Columbia, the General Services Administration (GSA), the Federal Communications Commission (FCC), and the Federal Trade Commission (FTC).
It also includes provisions affecting the implementation of the Patient Protection and Affordable Care Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), the funding source for the Consumer Financial Protection Bureau (CFPB), and local District of Columbia policy on issues such as marijuana legalization, abortions, needle exchange programs, and firearms.
Full Summary:
Financial Services and General Government Appropriations Act, 2015 - Title I: Department of the Treasury - Department of the Treasury Appropriations Act, 2015 - Makes appropriations for FY2015 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 Bureau of the Fiscal 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 Community Development Financial Institutions Fund Program Account, and (11) the Internal Revenue Service (IRS).
Rescinds unobligated balances in the Treasury Forfeiture Fund.
(Sec. 101) Permits up to 5% of any IRS appropriation to be transferred to any other IRS appropriation upon advance approval of the appropriations committees.
The summary continues for 146 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 "Passed House amended" stage on July 16, 2014. 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 17, 2014: Received in the Senate and Read twice and referred to the Committee on Appropriations.
- 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 113th Congress (2013-14), 296 of the 9,091 bills and joint resolutions introduced became law, about 3.3 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?
ANDER CRENSHAW (R-FL) introduced it on July 2, 2014. 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 2, 2014, 4453 days ago. The most recent recorded action was 4438 days ago, on July 17, 2014.
Measures do not carry over. Anything the 113th Congress has not finished by January 3, 2015 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