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Limiting Treasury Cybersecurity Funds for Fiscal Year 2024.

This bill proposes to limit the funds available for the Department of Treasury's Cybersecurity Enhancement Account for fiscal year 2024. This means less money will be allocated to protect government financial systems from cyber threats. This could impact the security of citizens' financial data and the stability of government systems.
Key points
The bill caps the Treasury's cybersecurity funds at $25,208,000 for fiscal year 2024.
Reduced funding might affect the government's ability to defend against cyberattacks, potentially increasing data breach risks.
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Expired
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Additional Information
Print number: 118_HR_2050
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To provide for a limitation on availability of funds for Department of Treasury, Cybersecurity Enhancement Account for fiscal year 2024.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2050.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-29.

What are the main provisions?

Key points include:

  • The bill caps the Treasury's cybersecurity funds at $25,208,000 for fiscal year 2024.
  • Reduced funding might affect the government's ability to defend against cyberattacks, potentially increasing data breach risks.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Biggs, Andy [R-AZ-5].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Security Economy