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119-sres-58119th Congress

An original resolution authorizing expenditures by the Committee on Banking, Housing, and Urban Affairs.

Sponsored By: Senator Scott, Tim [R-SC]

In Committee

Summary

Sets firm spending caps and payment rules for the Senate Banking Committee's operations from March 1, 2025 through February 28, 2027. It authorizes hiring, use of agency personnel with consent, and specific consultant and staff training subcaps tied to statutory authorities.

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  • Committee staff and contractors: Allows the committee to spend from the Senate contingent fund to employ staff and, with agency and Rules Committee consent, to use agency personnel on a reimbursable or nonreimbursable basis during the March 1, 2025–February 28, 2027 period.
  • Spending limits: Establishes three expenditure caps across set timeframes that total about $17.6 million and includes subcaps for consultants and training. The largest single-period cap is $8.8 million for October 1, 2025–September 30, 2026.
  • Payments and agency contributions: Specifies voucher rules and exemptions for routine items like salaries and mail, and authorizes agency contributions for committee employee compensation for each of the three periods.

*Authorizes up to about $17.6 million in total expenditures from the Senate contingent fund across the three covered periods.*

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Committee staff hiring and agency pay

This resolution would let the Banking Committee, from Mar 1, 2025 to Feb 28, 2027, spend from the Senate contingent fund and hire personnel. With prior consent of the relevant agency and the Committee on Rules and Administration, the Committee would be able to use agency staff, reimbursable or not. It would also authorize payments from the Senate "Expenses of Inquiries and Investigations" account of such sums as may be necessary for agency contributions to committee employee compensation for three listed periods.

Limits on committee spending and consultants

This resolution would cap the Senate Banking Committee's spending in three periods. From Mar 1, 2025 to Sep 30, 2025 the cap would be $5,141,314. From Oct 1, 2025 to Sep 30, 2026 the cap would be $8,813,681. From Oct 1, 2026 to Feb 28, 2027 the cap would be $3,672,367. It would also limit consultant pay and staff training each period (for example, $11,666 and $875 in the first period).

Simpler payment rules for committee costs

This resolution would require committee expenses to be paid from the Senate contingent fund on vouchers approved by the committee chairman, except for listed items. Vouchers would not be required for annual salary disbursements, telecommunications from the Sergeant at Arms and Doorkeeper, stationery bought through the Keeper of the Stationery, Postmaster payments, metered copying charges, Senate Recording and Photographic Services, and franked and mass mail costs.

Sponsors & CoSponsors

Sponsor

Scott, Tim [R-SC]

SC • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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