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Funding Cap for Independent Agencies and SBA in 2024

This bill aims to limit federal spending. It sets a maximum amount that Independent Agencies, including the Small Business Administration's Office of Inspector General (SBA), can spend in fiscal year 2024. This means these agencies will have less money for their operations, potentially affecting the scope of services they provide.
Key points
The bill sets a spending limit of $21.9 million for Independent Agencies and the SBA Office of Inspector General for fiscal year 2024.
This funding limitation could impact the agencies' ability to conduct oversight and audits, which are crucial for public spending transparency.
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Additional Information
Print number: 118_HR_2145
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 Independent Agencies, Small Business Administration, Office of Inspector General 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_2145.

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 sets a spending limit of $21.9 million for Independent Agencies and the SBA Office of Inspector General for fiscal year 2024.
  • This funding limitation could impact the agencies' ability to conduct oversight and audits, which are crucial for public spending transparency.
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: Referred to the House Committee on Small Business.

Is this summary verified?

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

CATEGORIES

Economy Public Investments