Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

Changes from May 27, 2022 to June 30, 2022

This page shows textual changes in the document between the two versions indicated in the dates above. Textual matter removed in the later version is indicated with ~~red strikethrough~~ and textual matter added in the later version is indicated with blue.

Financial Services and General Government
~~May 27~~June 30, 2022 , 2022
(FSGG) FY2022 Appropriations: Overview
Baird Webel
The Financial Services and General Government (FSGG) appropriations bill includes funding for The Financial Services and General Government (FSGG) appropriations bill includes funding for
Specialist in Financial Specialist in Financial
the Department of the Treasury, the Executive Office of the President, the judiciary, the District the Department of the Treasury, the Executive Office of the President, the judiciary, the District
Economics Economics
of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills

fund the same agencies, with one exception. The Commodity Futures Trading Commission fund the same agencies, with one exception. The Commodity Futures Trading Commission
(CFTC) is usually funded through the Agriculture appropriations bill in the House and the FSGG (CFTC) is usually funded through the Agriculture appropriations bill in the House and the FSGG

bill in the Senate. bill in the Senate.
President’s budget. President Biden submitted his full FY2022 budget request on May 28, 2021. The request included a President Biden submitted his full FY2022 budget request on May 28, 2021. The request included a
total of $52.3 billion in appropriations for agencies funded through the FSGG bill, including $278 million for the CFTC. total of $52.3 billion in appropriations for agencies funded through the FSGG bill, including $278 million for the CFTC.
House action. The House Committee on Appropriations reported a Financial Services and General Government The House Committee on Appropriations reported a Financial Services and General Government
Appropriations Act, 2022 (H.R. 4345; H.Rept. 117-79), on July 1, 2021. Approximate total FY2022 funding in the reported Appropriations Act, 2022 (H.R. 4345; H.Rept. 117-79), on July 1, 2021. Approximate total FY2022 funding in the reported
bill was $51.6 billion. Another $363 million for the CFTC was included in the Agriculture appropriations bill (H.R. 4356; bill was $51.6 billion. Another $363 million for the CFTC was included in the Agriculture appropriations bill (H.R. 4356;
H.Rept. 117-82). The combined total of $51.9 billion was approximately $0.4 billion less than the President’s FY2022 H.Rept. 117-82). The combined total of $51.9 billion was approximately $0.4 billion less than the President’s FY2022
request. The text of H.R. 4345 was included as Division D of H.R. 4502 when that bill was considered on the House floor. request. The text of H.R. 4345 was included as Division D of H.R. 4502 when that bill was considered on the House floor.
H.R. 4502 was amended numerous times, primarily shifting funding among FSGG agencies but not increasing the overall H.R. 4502 was amended numerous times, primarily shifting funding among FSGG agencies but not increasing the overall
total. H.R. 4502 passed the House on July 29, 2021. CFTC funding of $363 million was included in Division B of H.R. 4502. total. H.R. 4502 passed the House on July 29, 2021. CFTC funding of $363 million was included in Division B of H.R. 4502.
Senate action. The Senate Committee on Appropriations held one subcommittee hearing on the FY2022 budget request for The Senate Committee on Appropriations held one subcommittee hearing on the FY2022 budget request for
an FSGG agency, the Department of the Treasury, but did not act on an FSGG appropriations bill at either the subcommittee an FSGG agency, the Department of the Treasury, but did not act on an FSGG appropriations bill at either the subcommittee
or the full committee level. On October 19, 2021, the chairman of the full committee released draft texts and explanatory or the full committee level. On October 19, 2021, the chairman of the full committee released draft texts and explanatory
statements for FY2022 appropriations bills, including an FSGG bill. FSGG Subcommittee Chair Chris Van Hollen statements for FY2022 appropriations bills, including an FSGG bill. FSGG Subcommittee Chair Chris Van Hollen
introduced an essentially identical bill as S. 3179 on November 4, 2021. introduced an essentially identical bill as S. 3179 on November 4, 2021.
Continuing resolution. No full-year FY2022 appropriations measure was enacted prior to the end of September 2021. No full-year FY2022 appropriations measure was enacted prior to the end of September 2021.
Congress passed, and the President signed, P.L. 117-43 providing continuing appropriations through December 3, 2021, Congress passed, and the President signed, P.L. 117-43 providing continuing appropriations through December 3, 2021,
largely based on FY2021 levels. Three further continuing resolutions (P.L. 117-70, P.L. 117-86, and P.L. 117-95) were largely based on FY2021 levels. Three further continuing resolutions (P.L. 117-70, P.L. 117-86, and P.L. 117-95) were
enacted, providing funding through March 15, 2022. enacted, providing funding through March 15, 2022.
Supplemental appropriations. Appropriations for FSGG agencies are also frequently provided through supplemental Appropriations for FSGG agencies are also frequently provided through supplemental
appropriations bills in addition to regular appropriations. This is particularly the case for the Small Business Administration appropriations bills in addition to regular appropriations. This is particularly the case for the Small Business Administration
(SBA), which plays a significant role in recovery following disasters. Division B of P.L. 117-43 provided emergency (SBA), which plays a significant role in recovery following disasters. Division B of P.L. 117-43 provided emergency
supplemental appropriations, including nearly $1.2 billion for the SBA. P.L. 117-58, enacted on November 15, 2021, supplemental appropriations, including nearly $1.2 billion for the SBA. P.L. 117-58, enacted on November 15, 2021,
provided additional supplemental appropriations, including $14.2 billion for the Federal Communications Commission and provided additional supplemental appropriations, including $14.2 billion for the Federal Communications Commission and
$3.4 billion for the General Services Administration, with a rescission of $13.5 billion for the SBA. P.L. 117-128, enacted $3.4 billion for the General Services Administration, with a rescission of $13.5 billion for the SBA. P.L. 117-128, enacted
May 21, 2022, provided $52 million for the Department of the Treasury to “respond to the situation in Ukraine.” May 21, 2022, provided $52 million for the Department of the Treasury to “respond to the situation in Ukraine.”
Full-Year FY2022 appropriations. Full-year FY2022 appropriations were ultimately provided in Division E of the . Full-year FY2022 appropriations were ultimately provided in Division E of the
Consolidated Appropriations Act, 2022 (H.R. 2471), enacted on March 15, 2022, as P.L. 117-103. Consolidated Appropriations Act, 2022 (H.R. 2471), enacted on March 15, 2022, as P.L. 117-103. ~~Appropriations~~Regular appropriations for the for the
FSGG agencies in the law, including $382 million for the CFTC under the Agriculture appropriations in Division A, were FSGG agencies in the law, including $382 million for the CFTC under the Agriculture appropriations in Division A, were
nearly $48.5 billion. nearly $48.5 billion. ~~With the supplemental amounts previously appropriated, the FSGG agencies totaled nearly $53.8~~(P.L. 117-103 also included separate supplemental appropriations in Division N.) With the various supplemental appropriations included, the FSGG agencies totaled approximately $53.9 billion billion
in FY2022. in FY2022.
Although financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many Although financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many
financial regulatory agencies, which are funded outside of the appropriations process. The FSGG bills do often contain financial regulatory agencies, which are funded outside of the appropriations process. The FSGG bills do often contain
additional legislative provisions relating to such agencies. In FY2022, however, President Biden’s request contained no such additional legislative provisions relating to such agencies. In FY2022, however, President Biden’s request contained no such
legislative provisions, and neither did the congressional legislation. legislative provisions, and neither did the congressional legislation.

Congressional Research Service Congressional Research Service

Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

heThe Financial Services and General Government (FSGG) appropriations bill includes Financial Services and General Government (FSGG) appropriations bill includes
funding for a wide variety of federal government functions and government-wide direction funding for a wide variety of federal government functions and government-wide direction
T on usage of funds.on usage of funds.1 The bill funds The bill funds
 the Department of the Treasury (Title I),  the Department of the Treasury (Title I),12
 the Executive Office of the President (Title II),  the Executive Office of the President (Title II),
 the judiciary (Title III), the judiciary (Title III),23
 the District of Columbia (Title IV), the District of Columbia (Title IV),4 and and
 more than two dozen independent agencies (Title V).  more than two dozen independent agencies (Title V).
Title VI of the bill typically funds mandatory retirement accounts for the entire government and Title VI of the bill typically funds mandatory retirement accounts for the entire government and
contains additional general provisions applying to the funding provided to agencies through the contains additional general provisions applying to the funding provided to agencies through the
FSGG bill. Title VII typically contains general provisions that apply government-wide. FSGG bill. Title VII typically contains general provisions that apply government-wide.
The House and Senate FSGG bills fund the same agencies, with one exception. The Commodity The House and Senate FSGG bills fund the same agencies, with one exception. The Commodity
Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the
House and the FSGG bill in the Senate. Where the CFTC is funded upon enactment typically House and the FSGG bill in the Senate. Where the CFTC is funded upon enactment typically
depends on which chamber originated the law, which alternates annually. Thus, the enacted depends on which chamber originated the law, which alternates annually. Thus, the enacted
amounts for the CFTC have historically been in the Agriculture appropriations bill one year and amounts for the CFTC have historically been in the Agriculture appropriations bill one year and
the FSGG appropriations bill the following year. the FSGG appropriations bill the following year.
This structure has existed in its current form since the 2007 reorganization of the House and This structure has existed in its current form since the 2007 reorganization of the House and
Senate Committees on Appropriations. Although financial services are a major focus of the FSGG Senate Committees on Appropriations. Although financial services are a major focus of the FSGG
appropriations bill, the bill does not include funding for many financial regulatory agencies, appropriations bill, the bill does not include funding for many financial regulatory agencies,
which are instead funded outside of the appropriations process. However, it is not uncommon for which are instead funded outside of the appropriations process. However, it is not uncommon for
legislative provisions addressing various financial regulatory issues to be included in titles at the legislative provisions addressing various financial regulatory issues to be included in titles at the
end of the bill. end of the bill.
Administration and Congressional Action
President Biden submitted his full FY2022 budget request on May 28, 2021. The request included President Biden submitted his full FY2022 budget request on May 28, 2021. The request included
a total of $52.3 billion for agencies funded through the FSGG appropriations bill, including a net a total of $52.3 billion for agencies funded through the FSGG appropriations bill, including a net
total of $278 million for the CFTC.total of $278 million for the CFTC.35
The House Committee on Appropriations reported a Financial Services and General Government The House Committee on Appropriations reported a Financial Services and General Government
Appropriations Act, 2022 (H.R. 4345; H.Rept. 117-79), on July 1, 2021. Approximate total Appropriations Act, 2022 (H.R. 4345; H.Rept. 117-79), on July 1, 2021. Approximate total
FY2022 funding in the reported bill was $51.6 billion. Another $363 million for the CFTC was FY2022 funding in the reported bill was $51.6 billion. Another $363 million for the CFTC was
included in the Agriculture appropriations bill (H.R. 4356; H.Rept. 117-82).included in the Agriculture appropriations bill (H.R. 4356; H.Rept. 117-82).~~4 The combined total~~
~~of $51.9 billion was approximately $0.4 billion less than the President’s FY2022 request. The~~
~~difference was largely due to approximately $1 billion less provided for the General Services~~
~~Administration, coupled with increases for a number of the other independent agencies.~~

~~1 For more information, see CRS In Focus IF11607, Internal Revenue Service Appropriations, FY2021, by Gary~~
~~Guenther.~~
~~2 For more information, see CRS In Focus IF11534, Judiciary Budget Request, FY2021, by Barry J. McMillion.~~
36 The combined total 1 For a complete list of the CRS experts covering the various FSGG agencies, see CRS Report R42638, Appropriations: CRS Experts, by James M. Specht and Justin Murray. 2 For more information, see CRS In Focus IF11979, Internal Revenue Service Appropriations, FY2022, by Gary Guenther. 3 For more information, see CRS Report R47155, Judiciary Appropriations, FY2022, by Barry J. McMillion. 4 For more information, see CRS Report R47156, FY2022 District of Columbia Budget and Appropriations, by Joseph V. Jaroscak. 5 The CFTC request was for a total of $394 million, to be offset with $116 million of user fees, which would require The CFTC request was for a total of $394 million, to be offset with $116 million of user fees, which would require
congressional authorization. See the CFTC FY2022 budget request at https://www.cftc.gov/sites/default/files/2021-05/congressional authorization. See the CFTC FY2022 budget request at https://www.cftc.gov/sites/default/files/2021-05/
CFTC_FY_2022_President_s_Budget_Final_Signed_05212021.pdf, particularly p. 48. CFTC_FY_2022_President_s_Budget_Final_Signed_05212021.pdf, particularly p. 48.
46 The President’s proposal for offsetting user fees was not included in H.R. 4356. The President’s proposal for offsetting user fees was not included in H.R. 4356.
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of $51.9 billion was approximately $0.4 billion less than the President’s FY2022 request. The difference was largely due to approximately $1 billion less provided for the General Services Administration, coupled with increases for a number of the other independent agencies. The text of H.R. 4345 was included as Division D of H.R. 4502 when that bill was considered on The text of H.R. 4345 was included as Division D of H.R. 4502 when that bill was considered on
the House floor. H.R. 4502 was amended numerous times, primarily shifting funding among the House floor. H.R. 4502 was amended numerous times, primarily shifting funding among
FSGG agencies but not increasing the overall total.FSGG agencies but not increasing the overall total.57 H.R. 4502 passed the House on July 29, H.R. 4502 passed the House on July 29,
2021. CFTC funding of $363 million was included in Division B of H.R. 4502. 2021. CFTC funding of $363 million was included in Division B of H.R. 4502.
The Senate Committee on Appropriations held one subcommittee hearing on the FY2022 budget The Senate Committee on Appropriations held one subcommittee hearing on the FY2022 budget
request for an FSGG agency, the Department of the Treasury,request for an FSGG agency, the Department of the Treasury,68 but did not act on an FSGG but did not act on an FSGG
appropriations bill at either the subcommittee or the full committee level. On October 18, 2021, appropriations bill at either the subcommittee or the full committee level. On October 18, 2021,
Chairman Patrick Leahy released draft text and an explanatory statement for an FSGG Chairman Patrick Leahy released draft text and an explanatory statement for an FSGG
appropriations bill along with other appropriations bills.appropriations bill along with other appropriations bills.79 Vice Chairman Richard Shelby opposed Vice Chairman Richard Shelby opposed
this approach, calling the process “one-sided” and urging further negotiations.this approach, calling the process “one-sided” and urging further negotiations.810 FSGG FSGG
Subcommittee Chair Chris Van Hollen introduced a bill essentially identical to the draft text as S. Subcommittee Chair Chris Van Hollen introduced a bill essentially identical to the draft text as S.
3179 on November 4, 2021. 3179 on November 4, 2021.
Continuing Resolution (CR)
No full-year FY2022 appropriations measure was enacted prior to the end of September 2021. No full-year FY2022 appropriations measure was enacted prior to the end of September 2021.
The House of Representatives passed the Extending Government Funding and Delivering The House of Representatives passed the Extending Government Funding and Delivering
Emergency Assistance Act, H.R. 5305, on September 21, 2021, with the Senate following on Emergency Assistance Act, H.R. 5305, on September 21, 2021, with the Senate following on
September 30, 2021. The President signed the bill, now P.L. 117-43, on the same day. Division A September 30, 2021. The President signed the bill, now P.L. 117-43, on the same day. Division A
of P.L. 117-43 provided continuing appropriations through December 3, 2021. This continuing of P.L. 117-43 provided continuing appropriations through December 3, 2021. This continuing
funding is based on the FY2021 levels with a certain number of changes known generally as funding is based on the FY2021 levels with a certain number of changes known generally as
anomalies. Detail on the FSGG anomalies can be found in t. Detail on the FSGG anomalies can be found in the Appendix.911 Three other CRs were Three other CRs were
enacted prior to enactment of the full-year appropriations: enacted prior to enactment of the full-year appropriations:
 Further Continuing Appropriations Act, 2022 (Division A of P.L. 117-70),  Further Continuing Appropriations Act, 2022 (Division A of P.L. 117-70),
enacted December 3, 2021, providing funding through February 18, 2022. enacted December 3, 2021, providing funding through February 18, 2022.
 Further Additional Extending Government Funding Act, 2022 (Division A of P.L.  Further Additional Extending Government Funding Act, 2022 (Division A of P.L.
117-86), enacted February 18, 2022, providing funding through March 11, 2022. 117-86), enacted February 18, 2022, providing funding through March 11, 2022.
 Extension of Continuing Appropriations Act, 2022 (P.L. 117-95), enacted March  Extension of Continuing Appropriations Act, 2022 (P.L. 117-95), enacted March
11, 2022, providing funding through March 15, 2022. 11, 2022, providing funding through March 15, 2022.

57 The FSGG portion of H.R. 4502 was amended by H.Amdt. 86 on a vote of 371-55 and by H.Amdt. 87 on a vote of The FSGG portion of H.R. 4502 was amended by H.Amdt. 86 on a vote of 371-55 and by H.Amdt. 87 on a vote of
221-206. Both floor amendments were en bloc amendments made up of individual amendments printed in Part B of 221-206. Both floor amendments were en bloc amendments made up of individual amendments printed in Part B of
H.Rept. 117-109, pp. 18-21. H.Rept. 117-109, pp. 18-21.
68 U.S. Congress, Senate Committee on Appropriations, Subcommittee on Financial Services and General Government, U.S. Congress, Senate Committee on Appropriations, Subcommittee on Financial Services and General Government,
Fiscal Year 2022 Budget for the Department of the Treasury, 117th Cong., 1st sess., June 23, 2021, , 117th Cong., 1st sess., June 23, 2021,
https://www.appropriations.senate.gov/hearings/fiscal-year-2022-budget-for-the-department-of-the-treasury. https://www.appropriations.senate.gov/hearings/fiscal-year-2022-budget-for-the-department-of-the-treasury.
79 Senate Committee on Appropriations, “Chairman Leahy Releases Remaining Nine Senate Appropriations Bills,” Senate Committee on Appropriations, “Chairman Leahy Releases Remaining Nine Senate Appropriations Bills,”
October 18, 2021, https://www.appropriations.senate.gov/news/majority/chairman-leahy-releases-remaining-nine-October 18, 2021, https://www.appropriations.senate.gov/news/majority/chairman-leahy-releases-remaining-nine-
senate-appropriations-bills. senate-appropriations-bills.
810 Senate Committee on Appropriations, “Shelby: Democrats’ Partisan Bills Threaten FY22 Appropriations Process,” Senate Committee on Appropriations, “Shelby: Democrats’ Partisan Bills Threaten FY22 Appropriations Process,”
October 18, 2018, https://www.appropriations.senate.gov/news/shelby-democrats-partisan-bills-threaten-fy22-October 18, 2018, https://www.appropriations.senate.gov/news/shelby-democrats-partisan-bills-threaten-fy22-
appropriations-process. appropriations-process.
911 For a general overview of CRs, see CRS Report R46595, For a general overview of CRs, see CRS Report R46595, Continuing Resolutions: Overview of Components and
Practices, coordinated by Kevin P. McNellis. For more complete information regarding P.L. 117-37, see CRS Report , coordinated by Kevin P. McNellis. For more complete information regarding P.L. 117-37, see CRS Report
R46953, R46953, Overview of Continuing Appropriations for FY2022 (P.L. 117-43), coordinated by Kevin P. McNellis. , coordinated by Kevin P. McNellis.
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Emergency Supplemental Appropriations
Appropriations for FSGG agencies are also frequently provided through supplemental Appropriations for FSGG agencies are also frequently provided through supplemental
appropriations bills in addition to regular appropriations. This is particularly the case for the appropriations bills in addition to regular appropriations. This is particularly the case for the
Small Business Administration (SBA), which plays a significant role in post-disaster recovery. Small Business Administration (SBA), which plays a significant role in post-disaster recovery.
In FY2022, prior to enactment of the full-year appropriations, Division B of P.L. 117-43 provided In FY2022, prior to enactment of the full-year appropriations, Division B of P.L. 117-43 provided
emergency appropriations totaling nearly $1.2 billion for the SBA disaster loans program account. emergency appropriations totaling nearly $1.2 billion for the SBA disaster loans program account.
Enacted on November 15, 2021, the Infrastructure Investment and Jobs Act, P.L. 117-58, Enacted on November 15, 2021, the Infrastructure Investment and Jobs Act, P.L. 117-58,
provided $17.6 billion in FY2022 emergency appropriations for FSGG agencies, specifically, $21 provided $17.6 billion in FY2022 emergency appropriations for FSGG agencies, specifically, $21
million for the Executive Office of the President, $14.2 billion for the Federal Communications million for the Executive Office of the President, $14.2 billion for the Federal Communications
Commission, $0.65 million for the Federal Permitting Improvement Steering Council,Commission, $0.65 million for the Federal Permitting Improvement Steering Council,1012 and $3.4 and $3.4
billion for the General Services Administration. It also enacted a rescission of $13.5 billion in billion for the General Services Administration. It also enacted a rescission of $13.5 billion in
previous SBA amounts for COVID-19 relief for a net total increase of $4.1 billion for FSGG previous SBA amounts for COVID-19 relief for a net total increase of $4.1 billion for FSGG
agencies. agencies. In addition to providing full-year appropriations as discussed in the next section, the Consolidated Appropriations Act, 2022 (P.L. 117-103) also provided supplemental appropriations for Ukraine in Division N, including $61 million for the Department of the Treasury. After ~~After~~ enactment of the full-year appropriations, Section 602 of P.L. 117-128 provided enactment of the full-year appropriations, Section 602 of P.L. 117-128 provided
$52 million to the Department of the Treasury to “respond to the situation in Ukraine and for $52 million to the Department of the Treasury to “respond to the situation in Ukraine and for
related expenses.” These funds are available until September 30, 2023, the end of FY2023.related expenses.” These funds are available until September 30, 2023, the end of FY2023.
H.Rept. 117-39313 Full-Year FY2022 Appropriations
Full-year FY2022 appropriations were ultimately provided in Full-year FY2022 appropriations were ultimately provided in Divisions A-L of the Consolidated Appropriations the Consolidated Appropriations
Act, 2022Act, 2022 ~~(H.R. 2471)~~, enacted on March 15, 2022, as P.L. 117-103., enacted on March 15, 2022, as P.L. 117-103.1114 The House added the final The House added the final
provisions on March 9, 2022, in two separate amendments, with Divisions B, C, F, X, Z and provisions on March 9, 2022, in two separate amendments, with Divisions B, C, F, X, Z and
Titles 2 and 3 of Division N approved on a vote of 361-69 and the remaining divisions approved Titles 2 and 3 of Division N approved on a vote of 361-69 and the remaining divisions approved
on a vote of 260-171, with one Member voting present. The Senate agreed to the combined House on a vote of 260-171, with one Member voting present. The Senate agreed to the combined House
amendments on March 10, 2022, by a vote of 68-31. The FSGG appropriations were contained in amendments on March 10, 2022, by a vote of 68-31. The FSGG appropriations were contained in
Division E, with $382 million for the CFTC in Division A, the Agriculture appropriations. Division E, with $382 million for the CFTC in Division A, the Agriculture appropriations.
Including the CFTC, the total FSGG appropriations were nearly $48.5 billion. Including the CFTC, the total FSGG appropriations were nearly $48.5 billion. ~~With the~~Including
supplemental supplemental ~~amounts previously appropriated~~appropriations, the FSGG agencies , the FSGG agencies ultimately totaled totaled ~~nearly $53.8 billion~~approximately $53.9 billion for FY2022. .
Table 1 below reflects the status of FY2022 FSGG appropriations measures at key points in the below reflects the status of FY2022 FSGG appropriations measures at key points in the
appropriations procesappropriations process. Table 2 lists, largely by title, the amounts requested by the President and lists, largely by title, the amounts requested by the President and
included in the various FSGG and emergency supplemental bills.included in the various FSGG and emergency supplemental bills. Table 3 details the amounts for details the amounts for
the independent agencies. Specific columns inthe independent agencies. Specific columns in Table 2 andand Table 3 are FSGG agencies’ enacted are FSGG agencies’ enacted
amounts for FY2021, the President’s FY2022 request, the FY2022 amounts from H.R. 4502 as it amounts for FY2021, the President’s FY2022 request, the FY2022 amounts from H.R. 4502 as it
passed the House, and the Senate committee majority draft. The FY2022 enacted column passed the House, and the Senate committee majority draft. The FY2022 enacted column ~~contains~~totals
the emergency funding provided in P.L. 117-the emergency funding provided in P.L. 117-37128, Division N of P.L. 117-103, P.L. 117-58, and , P.L. 117-58, and P.L. 117-43 as well as the full-year appropriations in Divisions A-L of~~P.L. 117-128 and the full~~
~~appropriations provided in~~ P.L. 117-103. P.L. 117-103.

1012 An additional $0.65 million per year was provided for FY2023, FY2024, and FY2025, and $0.4 million was An additional $0.65 million per year was provided for FY2023, FY2024, and FY2025, and $0.4 million was
provided for FY2026. provided for FY2026.
1113 P.L. 117-128 also provided $174,000 for the beneficiary of a recently deceased Member of Congress. This amount was included under the FSGG enacted amounts in the House committee report on the FY2023 FSGG bill (, p. 209). In other years, such funds have been typically provided in the Legislative Branch appropriations bill. 14 The appropriations provisions were added to previously passed measure. The Explanatory Statement for the The appropriations provisions were added to previously passed measure. The Explanatory Statement for the
appropriations measure, which acts as the joint explanatory statement of a conference committee, was published in the appropriations measure, which acts as the joint explanatory statement of a conference committee, was published in the
Congressional Record for March 9, 2022. The FSGG portion, including summary tables, is on pages H2349-H2394. for March 9, 2022. The FSGG portion, including summary tables, is on pages H2349-H2394.
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Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

Table 1. Status of FY2022 Financial Services and
General Government (FSGG) Appropriations
Subcommittee
Markup
Final Adoption
House
House
Senate
Senate
Conference
Enact-
House
Senate Report Passage
Report Passage
Report
House
Senate
ment
March March
March March
March March
June 24, June 24,
July 1, July 1,
July 29, July 29,
— —
— —
— —
— —
9, 9,
10, 10,
15, 15,
2021 2021
2021 2021
2021 2021
2022 2022
2022 2022
2022 2022
Source: Prepared by CRS. Prepared by CRS.
Table 2. FSGG Appropriations, FY2021-FY2022
(in millions of dollars) (in millions of dollars)
FY2022
Senate
FY2022
Committee
FY2021
FY2022
House-
Chairman’s
FY2022
Agency
Enacted
Request
Passed
Draft
Enacted
Department of the Treasury Department of the Treasury
13,413.3 13,413.3
15,415.1 15,415.1
15,395.1 15,395.1
15,398.3 15,398.3
14, 14,~~176~~237.0 .0
Executive Office of the President Executive Office of the President
759.2 759.2
826.3 826.3
850.3 850.3
804.5 804.5
807.3 807.3
Judiciary Judiciary
8,196.8 8,196.8
8,580.7 8,580.7
8,610.3 8,610.3
8,531.9 8,531.9
8,445.3 8,445.3
District of Columbia District of Columbia
747.5 747.5
794.5 794.5
794.5 794.5
761.0 761.0
775.5 775.5
Independent Agencies Independent Agencies
1,977.9 1,977.9
4,694.1 4,694.1
4,271.4 4,271.4
4,356.7 4,356.7
7,649. 7,649.35
Mandatory Retirement Accounts Mandatory Retirement Accounts
22,388.6 22,388.6
21,996.6 21,996.6
21,996.6 21,996.6
21,996.6 21,996.6
21,996.6 21,996.6
Total
47,483.4
52,307.3
51,918.0
51,849.0
53,~~849.9~~911.2
Sources: H.Rept. 117-393, P.L. 117-128, P.L. 117-103 and Explanatory Statement, P.L. 117-58, P.L. 117-43, H.Rept. 117-79, H.R. P.L. 117-128, P.L. 117-103 and Explanatory Statement, P.L. 117-58, P.L. 117-43, H.Rept. 117-79, H.R.
4502, and Senate Appropriations Committee Chairman’s Draft Explanatory Statement. 4502, and Senate Appropriations Committee Chairman’s Draft Explanatory Statement.
Notes: Totals may not sum due to rounding. Figures are net reflecting rescissions and offsetting collections. Totals may not sum due to rounding. Figures are net reflecting rescissions and offsetting collections.
Totals for each column include funding for the Commodity Futures Trading Commission, which is funded in the Totals for each column include funding for the Commodity Futures Trading Commission, which is funded in the
House through the Agriculture appropriations bill and in the Senate through the FSGG bill. House through the Agriculture appropriations bill and in the Senate through the FSGG bill.
Rescissions from the Treasury’s Asset Forfeiture Fund are contained in Title VI and are included in the total for Rescissions from the Treasury’s Asset Forfeiture Fund are contained in Title VI and are included in the total for
the Department of the Treasury. the Department of the Treasury.
The mandatory spending for the President’s salary is contained in Title VI, whereas the rest of presidential The mandatory spending for the President’s salary is contained in Title VI, whereas the rest of presidential
spending is in Title II. spending is in Title II.
The “Mandatory Retirement Accounts” amount is contained in Title VI. The “Mandatory Retirement Accounts” amount is contained in Title VI.
The “Independent Agencies” total is primarily in Title V but also reflects funding or rescissions for the Public The “Independent Agencies” total is primarily in Title V but also reflects funding or rescissions for the Public
Company Accounting Oversight Board scholarships and the Oversight.gov website (Inspectors General Council Company Accounting Oversight Board scholarships and the Oversight.gov website (Inspectors General Council
Fund) in Title VI and the Office of Personnel Management and the Commission on Federal Naming and Displays Fund) in Title VI and the Office of Personnel Management and the Commission on Federal Naming and Displays
in Title VII. in Title VII.
The FY2022 enacted total includes $174,000 in a payment for congressional widows and heirs from P.L. 117-128 and included in H.Rept. 117-393. Such payments have previously been included in the Legislative Branch appropriations bill. Congressional Research Service Congressional Research Service

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Table 3. FSGG Independent Agencies Appropriations, FY2021-FY2022
(in millions of dollars) (in millions of dollars)
FY2022
Senate
Committee
FY2021
FY2022
FY2022
Chairman’s
FY2022
Agency
Enacted
Request
House-Passed
Draft
Enacted
Administrative Administrative
Conference of the Conference of the
3.4 3.4
3.4 3.4
3.4 3.4
3.4 3.4
3.4 3.4
United States United States
Commission on Commission on
Federal Naming and Federal Naming and
— —
— —
1.5 1.5
— —
— —
Displays Displays
Commodity Futures Commodity Futures
304.0 304.0
278.0 278.0
363.0 363.0
384.0 384.0
382.0 382.0
Trading Commissio Trading Commissiona
Consumer Product Consumer Product
135.0 135.0
170.0 170.0
172.0 172.0
148.0 148.0
139.1 139.1
Safety Commission Safety Commission
Election Assistance Election Assistance
17.0 17.0
122.8 122.8
522.8 522.8
120.0 120.0
95.0 95.0
Commission Commission
Federal Federal
Communications Communications
(374.0) (374.0)
(388.0) (388.0)
(388.0) (388.0)
(388.0) (388.0)
14, 14,~~000~~200.0 .0
Comm Commissionb
Federal Deposit Federal Deposit
Insurance Corporation: Insurance Corporation:
(43.0) (43.0)
(46.5) (46.5)
(46.5) (46.5)
(46.5) (46.5)
(46.5) (46.5)
Office of Inspector Office of Inspector
Generalc
Federal Election Federal Election
71.5 71.5
76.5 76.5
76.5 76.5
76.5 76.5
74.5 74.5
Commission Commission
Federal Labor Federal Labor
26.6 26.6
29.2 29.2
29.2 29.2
27.9 27.9
27.4 27.4
Relations Authority Relations Authority
Federal Permitting Federal Permitting
Improvement Steering Improvement Steering
10.0 10.0
10.7 10.7
10.0 10.0
10.0 10.0
10.7 10.7
Council Council
Federal Trade Federal Trade
182.0 182.0
231.8 231.8
231.8 231.8
226.0 226.0
218.5 218.5
Commission Commission
General Services General Services
-1,022.8 -1,022.8
1,402.9 1,402.9
396.8 396.8
892.7 892.7
2,391.4 2,391.4
Administ Administrationd
Harry S Truman Harry S Truman
2.0 2.0
— —
2.4 2.4
3.0 3.0
2.5 2.5
Scholarship Foundation Scholarship Foundation
Inspectors General Inspectors General
Council Fund Council Fund
0.9 0.9
0.9 0.9
0.9 0.9
0.9 0.9
0.9 0.9
(Oversight.gov) (Oversight.gov)
Merit Systems Merit Systems
46.8 46.8
48.4 48.4
48.4 48.4
48.4 48.4
48.2 48.2
Protection Board Protection Board
Morris K. Udall Morris K. Udall
5.0 5.0
5.4 5.4
5.4 5.4
5.4 5.4
5.1 5.1
Foundation Foundation
National Archives and National Archives and
Records Records
447.8 447.8
426.0 426.0
456.0 456.0
492.4 492.4
476.5 476.5
Administ Administratione
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FY2022
Senate
Committee
FY2021
FY2022
FY2022
Chairman’s
FY2022
Agency
Enacted
Request
House-Passed
Draft
Enacted
National Credit Union National Credit Union
1.5 1.5
2.0 2.0
4.0 4.0
2.0 2.0
1.5 1.5
Administration Administration
Office of Government Office of Government
18.6 18.6
20.4 20.4
20.4 20.4
19.5 19.5
19.2 19.2
Ethics Ethics
Office of Personnel Office of Personnel
Management Management
361.0 361.0
404.9 404.9
405.9 405.9
393.5 393.5
370.9 370.9
(discretionary) (discretionary)
Office of Special Office of Special
29.5 29.5
30.4 30.4
31.5 31.5
30.4 30.4
30.4 30.4
Counsel Counsel
Postal Regulatory Postal Regulatory
17.0 17.0
19.6 19.6
19.6 19.6
19.6 19.6
17.5 17.5
Commission Commission
Privacy and Civil Privacy and Civil
Liberties Oversight Liberties Oversight
8.5 8.5
9.6 9.6
9.6 9.6
9.4 9.4
9.8 9.8
Board Board
Public Building Reform Public Building Reform
3.5 3.5
4.5 4.5
4.5 4.5
4.5 4.5
3.6 3.6
Board Board
Public Company Public Company
Accounting Oversight Accounting Oversight
(0.9) (0.9)
(2.0) (2.0)
(2.0) (2.0)
(2.0) (2.0)
(2.0) (2.0)
Board Scholarships Board Scholarships
Securities and Securities and
(1,926.2) (1,926.2)
(1,999.7) (1,999.7)
(1,999.7) (1,999.7)
(1999.7) (1999.7)
( (~~1999~~1,999.7) .7)
Exchange Commiss Exchange Commissionb
Selective Service Selective Service
System System
26.0 26.0
27.6 27.6
29.2 29.2
27.6 27.6
29.2 29.2
Small Business Small Business
921.7 921.7
995.5 995.5
1,046.9 1,046.9
1,034.8 1,034.8
2,219.8 2,219.8
Administration (SBA) Administration (SBA)
SBA rescission

-13,500.0
U.S. Postal Service U.S. Postal Service
55.3 55.3
52.6 52.6
58.6 58.6
52.6 52.6
52.6 52.6
(USPS) Fund (USPS) Fund
USPS Office of USPS Office of
250.0 250.0
263.0 263.0
263.0 263.0
266.0 266.0
262.0 262.0
Inspector General Inspector General
U.S. Tax Court U.S. Tax Court
56.1 56.1
58.2 58.2
58.2 58.2
58.2 58.2
57.8 57.8
Total: Independent
Agencies (Net
1,977.9
4,694.1
4,271.4
4,356.7
7,649.35
Discretionary)
Sources: H.Rept. 117-393. P.L. 117-103 and Explanatory Statement, P.L. 117-58, P.L. 117-43, H.Rept. 117-79, H.R. 4502, and P.L. 117-103 and Explanatory Statement, P.L. 117-58, P.L. 117-43, H.Rept. 117-79, H.R. 4502, and
Senate Appropriations Committee Chairman’s Draft Explanatory Statement. Senate Appropriations Committee Chairman’s Draft Explanatory Statement.
Notes: All figures are rounded to the nearest $100,000. Columns may not sum due to rounding. Figures in All figures are rounded to the nearest $100,000. Columns may not sum due to rounding. Figures in
parentheses are gross amounts, which are then offset with collections and thus are treated as zeros in the totals. parentheses are gross amounts, which are then offset with collections and thus are treated as zeros in the totals.
The funding for the independent agencies is primarily in Title V, but the table also reflects funding or rescissions The funding for the independent agencies is primarily in Title V, but the table also reflects funding or rescissions
in Title VI for the Public Company Accounting Oversight Board scholarships, the Oversight.gov website in Title VI for the Public Company Accounting Oversight Board scholarships, the Oversight.gov website
(Inspectors General Council Fund) and in Title VII for the Office of Personnel Management and the Commission (Inspectors General Council Fund) and in Title VII for the Office of Personnel Management and the Commission
on Federal Naming and Displays. on Federal Naming and Displays.
~~a. The Commodity Futures Trading Commission is funded in the House through the Agriculture~~
~~appropriations bill and in the Senate through the FSGG bill.~~
The FY2022 enacted total includes $174,000 in a payment for congressional widows and heirs from P.L. 117-128 and included in H.Rept. 117-393. Such payments have previously been included in the Legislative Branch appropriations bill. Congressional Research Service Congressional Research Service

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Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

a. The Commodity Futures Trading Commission is funded in the House through the Agriculture appropriations bill and in the Senate through the FSGG bill. b. The Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) are b. The Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) are
funded by collecting regulatory fees (or “offsetting collections”), often resulting in no direct appropriations. funded by collecting regulatory fees (or “offsetting collections”), often resulting in no direct appropriations.
Therefore, the amounts shown for the FCC and the SEC represent budgetary resources, but those amounts Therefore, the amounts shown for the FCC and the SEC represent budgetary resources, but those amounts
are usually not included in the table totals. In FY2022, however, the FCC was provided emergency are usually not included in the table totals. In FY2022, however, the FCC was provided emergency
appropriations above the offsetting collections in P.L. 117-58. appropriations above the offsetting collections in P.L. 117-58.
c. The funding amount for the Federal Deposit Insurance Corporation’s (FDIC’s) Office of Inspector General c. The funding amount for the Federal Deposit Insurance Corporation’s (FDIC’s) Office of Inspector General
is determined in the FSGG bill, but the funding is transferred from nonappropriated FDIC funds and thus is is determined in the FSGG bill, but the funding is transferred from nonappropriated FDIC funds and thus is
not included in total FSGG appropriations. not included in total FSGG appropriations.
d. The General Services Administration’s (GSA’s) real property activities are funded through the Federal d. The General Services Administration’s (GSA’s) real property activities are funded through the Federal
Buildings Fund (FBF), a multibillion-dollar revolving fund into which federal agencies deposit rental payments Buildings Fund (FBF), a multibillion-dollar revolving fund into which federal agencies deposit rental payments
for leased GSA space. Congress makes the FBF revenue available each year to pay for GSA’s real property for leased GSA space. Congress makes the FBF revenue available each year to pay for GSA’s real property
activities. A negative total for the FBF occurs when the amount of funds made available for expenditure in a activities. A negative total for the FBF occurs when the amount of funds made available for expenditure in a
fiscal year is less than the amount of new revenue expected to be deposited. fiscal year is less than the amount of new revenue expected to be deposited.
e. Amount as shown in the committee report tables. Figures do not include appropriations for repayments of e. Amount as shown in the committee report tables. Figures do not include appropriations for repayments of
principal on the construction of the Archives II facility. The amounts included in the President’s budget principal on the construction of the Archives II facility. The amounts included in the President’s budget
request and the specific appropriations bills include this principal repayment. The FY2021 enacted amount request and the specific appropriations bills include this principal repayment. The FY2021 enacted amount
includes $50 mil ion in emergency funding for the Records Center Revolving Fund. includes $50 mil ion in emergency funding for the Records Center Revolving Fund.
Financial Regulatory Agencies and FSGG
Appropriations
Although financial services are a focus of the FSGG bill, the bill does not actually include Although financial services are a focus of the FSGG bill, the bill does not actually include
funding for the regulation of much of the financial services industry.funding for the regulation of much of the financial services industry.1215 Financial regulatory Financial regulatory
agencies can be broadly subdivided into groups that regulate depositories (primarily banks), agencies can be broadly subdivided into groups that regulate depositories (primarily banks),
insurance, securities, and housing finance. Federal regulation of the banking industry is divided insurance, securities, and housing finance. Federal regulation of the banking industry is divided
among the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Office of the among the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Office of the
Comptroller of the Currency, and the Bureau of Consumer Financial Protection (generally known Comptroller of the Currency, and the Bureau of Consumer Financial Protection (generally known
as the Consumer Financial Protection Bureau, or CFPB, which also has authorities over certain as the Consumer Financial Protection Bureau, or CFPB, which also has authorities over certain
nonbank financial institutions).nonbank financial institutions).1316 In addition, credit unions—another type of depository—which In addition, credit unions—another type of depository—which
operate like banks in most ways, are regulated by the National Credit Union Administration operate like banks in most ways, are regulated by the National Credit Union Administration
(NCUA).(NCUA).1417 None of these agencies receives primary funding through the appropriations process, None of these agencies receives primary funding through the appropriations process,
with only the FDIC inspector general and a small program operated by the NCUA currently with only the FDIC inspector general and a small program operated by the NCUA currently
funded in the FSGG bill. funded in the FSGG bill.
Insurance is generally regulated at the state level, with some oversight at the holding company Insurance is generally regulated at the state level, with some oversight at the holding company
level by the Federal Reserve. There is a relatively small Federal Insurance Office (FIO) inside the level by the Federal Reserve. There is a relatively small Federal Insurance Office (FIO) inside the
Treasury that is funded through the Departmental Offices account, but the FIO has no regulatory Treasury that is funded through the Departmental Offices account, but the FIO has no regulatory
authority.authority.15
~~Federal securities regulation is divided between the Securities and Exchange Commission (SEC)~~
~~and the CFTC, both of which are funded through appropriations.16 The CFTC funding is a~~18

1215 For a more complete discussion regarding the funding of financial regulators and general financial regulatory For a more complete discussion regarding the funding of financial regulators and general financial regulatory
structure, see CRS Report R43391, structure, see CRS Report R43391, Independence of Federal Financial Regulators: Structure, Funding, and Other
Issues, by Henry B. Hogue, Marc Labonte, and Baird Webel; and CRS Report R44918, , by Henry B. Hogue, Marc Labonte, and Baird Webel; and CRS Report R44918, Who Regulates Whom? An
Overview of the U.S. Financial Regulatory Framework, by Marc Labonte. , by Marc Labonte.
1316 For more information, see CRS In Focus IF10035, For more information, see CRS In Focus IF10035, Introduction to Financial Services: Banking, by Raj Gnanarajah. , by Raj Gnanarajah.
1417 For more information, see CRS In Focus IF11713, For more information, see CRS In Focus IF11713, Introduction to Financial Services: Credit Unions, by Darryl E. , by Darryl E.
Getter. Getter.
1518 For more information, see CRS In Focus IF10043, For more information, see CRS In Focus IF10043, Introduction to Financial Services: Insurance, by Baird Webel. , by Baird Webel.
~~16 For more information, see CRS In Focus IF10032,~~ ~~Introduction to Financial Services: The Securities and Exchange~~
~~Commission (SEC), by Gary Shorter; and CRS In Focus IF10117, Introduction to Financial Services: Derivatives, by~~
~~Congressional Research Service~~

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~~Financial Services and General Government (FSGG) FY2022 Appropriations: Overview~~

Congressional Research Service 7 Financial Services and General Government (FSGG) FY2022 Appropriations: Overview Federal securities regulation is divided between the Securities and Exchange Commission (SEC) and the CFTC, both of which are funded through appropriations.19 The CFTC funding is a relatively straightforward appropriation from the general fund, whereas the SEC funding is relatively straightforward appropriation from the general fund, whereas the SEC funding is
provided by the FSGG bill but then offset through fees collected by the SEC. provided by the FSGG bill but then offset through fees collected by the SEC.
Housing finance, particularly the two large government-sponsored enterprises Fannie Mae and Housing finance, particularly the two large government-sponsored enterprises Fannie Mae and
Freddie Mac, is overseen by the Federal Housing Finance Agency,Freddie Mac, is overseen by the Federal Housing Finance Agency,1720 which is funded primarily which is funded primarily
through assessments on regulated entities and receives no funding through the FSGG bill. through assessments on regulated entities and receives no funding through the FSGG bill.
Although funding for many financial regulatory agencies may not be provided by the FSGG bill, Although funding for many financial regulatory agencies may not be provided by the FSGG bill,
legislative provisions affecting financial regulation in general and some of these agencies legislative provisions affecting financial regulation in general and some of these agencies
specifically have often been included in FSGG bills. In FY2022, however, neither the President’s specifically have often been included in FSGG bills. In FY2022, however, neither the President’s
budget request nor the congressional bills included such legislative provisions. budget request nor the congressional bills included such legislative provisions.
Committee Structure and Scope
The House and Senate Committees on Appropriations reorganized their subcommittee structures The House and Senate Committees on Appropriations reorganized their subcommittee structures
in early 2007. Each chamber created a new Financial Services and General Government in early 2007. Each chamber created a new Financial Services and General Government
Subcommittee. In the House, the jurisdiction of the FSGG Subcommittee is composed primarily Subcommittee. In the House, the jurisdiction of the FSGG Subcommittee is composed primarily
of agencies that had been under the jurisdiction of the Subcommittee on Transportation, Treasury, of agencies that had been under the jurisdiction of the Subcommittee on Transportation, Treasury,
Housing and Urban Development, the Judiciary, the District of Columbia, and Independent Housing and Urban Development, the Judiciary, the District of Columbia, and Independent
Agencies, commonly referred to as TTHUD.Agencies, commonly referred to as TTHUD.1821 In addition, the House FSGG Subcommittee was In addition, the House FSGG Subcommittee was
assigned four independent agencies that had been under the jurisdiction of the Science, State, assigned four independent agencies that had been under the jurisdiction of the Science, State,
Justice, Commerce, and Related Agencies Subcommittee: the Federal Communications Justice, Commerce, and Related Agencies Subcommittee: the Federal Communications
Commission (FCC), the Federal Trade Commission (FTC), the SEC, and the SBA. Commission (FCC), the Federal Trade Commission (FTC), the SEC, and the SBA.
In the Senate, the jurisdiction of the FSGG Subcommittee is a combination of agencies from the In the Senate, the jurisdiction of the FSGG Subcommittee is a combination of agencies from the
jurisdiction of three previously existing subcommittees. Most of the agencies that had been under jurisdiction of three previously existing subcommittees. Most of the agencies that had been under
the jurisdiction of the Transportation, Treasury, Judiciary, Housing and Urban Development, and the jurisdiction of the Transportation, Treasury, Judiciary, Housing and Urban Development, and
Related Agencies Subcommittee were assigned to the FSGG Subcommittee.Related Agencies Subcommittee were assigned to the FSGG Subcommittee.1922 In addition, the In addition, the
District of Columbia, which had its own subcommittee in the 109th Congress, was placed under District of Columbia, which had its own subcommittee in the 109th Congress, was placed under
the purview of the FSGG Subcommittee, as were four independent agencies that had been under the purview of the FSGG Subcommittee, as were four independent agencies that had been under
the jurisdiction of the Commerce, Justice, Science, and Related Agencies Subcommittee: the the jurisdiction of the Commerce, Justice, Science, and Related Agencies Subcommittee: the
FCC, FTC, SEC, and SBA. As a result of this reorganization, the House and Senate FSGG FCC, FTC, SEC, and SBA. As a result of this reorganization, the House and Senate FSGG
Subcommittees have nearly identical jurisdictions, except the CFTC is under the jurisdiction of Subcommittees have nearly identical jurisdictions, except the CFTC is under the jurisdiction of
the FSGG Subcommittee in the Senate and the Agriculture Subcommittee in the House. the FSGG Subcommittee in the Senate and the Agriculture Subcommittee in the House.

19 For more information, see CRS In Focus IF10032, Introduction to Financial Services: The Securities and Exchange Commission (SEC), by Gary Shorter; and CRS In Focus IF10117, Introduction to Financial Services: Derivatives, by Rena S. Miller. 20~~Rena S. Miller.~~
17 For more information, see CRS In Focus IF11715, For more information, see CRS In Focus IF11715, Introduction to Financial Services: The Housing Finance System, ,
by Darryl E. Getter. by Darryl E. Getter.
1821 The agencies previously under the jurisdiction of the House Appropriations Subcommittee on Transportation, The agencies previously under the jurisdiction of the House Appropriations Subcommittee on Transportation,
Treasury, Housing and Urban Development, the Judiciary, the District of Columbia, and Independent Agencies that did Treasury, Housing and Urban Development, the Judiciary, the District of Columbia, and Independent Agencies that did
not become part of the FSGG Subcommittee were the Department of Transportation (DOT), the Department of not become part of the FSGG Subcommittee were the Department of Transportation (DOT), the Department of
Housing and Urban Development (HUD), the Architectural and Transportation Barriers Compliance Board, the Federal Housing and Urban Development (HUD), the Architectural and Transportation Barriers Compliance Board, the Federal
Maritime Commission, the National Transportation Safety Board, the Neighborhood Reinvestment Corporation, and Maritime Commission, the National Transportation Safety Board, the Neighborhood Reinvestment Corporation, and
the U.S. Interagency Council on Homelessness. the U.S. Interagency Council on Homelessness.
1922 The agencies that did not transfer from the Senate Appropriations Subcommittee on Transportation, Treasury, the The agencies that did not transfer from the Senate Appropriations Subcommittee on Transportation, Treasury, the
Judiciary, and Housing and Urban Development, and Related Agencies to FSGG were DOT, HUD, the Architectural Judiciary, and Housing and Urban Development, and Related Agencies to FSGG were DOT, HUD, the Architectural
and Transportation Barriers Compliance Board, the Federal Maritime Commission, the National Transportation Safety and Transportation Barriers Compliance Board, the Federal Maritime Commission, the National Transportation Safety
Board, the Neighborhood Reinvestment Corporation, and the U.S. Interagency Council on Homelessness. Board, the Neighborhood Reinvestment Corporation, and the U.S. Interagency Council on Homelessness.
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Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

Appendix. FSGG Anomalies in FY2022 CR (P.L. 117-
43)
Section 126—Additional Funding for the Executive Office of the
~~President20~~President23
Section 126 provides additional funding for the “Executive Office of the President and Funds Section 126 provides additional funding for the “Executive Office of the President and Funds
Appropriated to the President—The White House—Salaries and Expenses” account at a rate for Appropriated to the President—The White House—Salaries and Expenses” account at a rate for
operations equal to $60,000,000. operations equal to $60,000,000.
Section 127—Additional Funding for the General Services
~~Administration21~~Administration24
Section 127 provides additional funding for the “General Services Administration—Allowances Section 127 provides additional funding for the “General Services Administration—Allowances
and Office Staff for Former Presidents” account at a rate for operations equal to $5,000,000. and Office Staff for Former Presidents” account at a rate for operations equal to $5,000,000.
Section 128—Increased Flexibility to Process Certain Small
Business Administration (SBA) ~~Loans22~~Loans25
Section 128 authorizes the SBA to apportion funding provided by this act at the rate necessary to Section 128 authorizes the SBA to apportion funding provided by this act at the rate necessary to
meet demand for commitments for several of its lending programs, including general business meet demand for commitments for several of its lending programs, including general business
loans authorized under paragraphs (1) through (35) of Section 7(a) of the Small Business Act,loans authorized under paragraphs (1) through (35) of Section 7(a) of the Small Business Act,2326
guarantees of trust certificates authorized by Section 5(g) of the Small Business Act,guarantees of trust certificates authorized by Section 5(g) of the Small Business Act,2427
commitments to guarantee loans under Section 503 of the Small Business Investment Act of commitments to guarantee loans under Section 503 of the Small Business Investment Act of
1958,1958,2528 and commitments to guarantee loans for debentures under Section 303(b) of the Small and commitments to guarantee loans for debentures under Section 303(b) of the Small
Business Investment Act of 1958.Business Investment Act of 1958.26
~~Section 129—District of Columbia27~~
~~Section 129 provides additional funding for the “District of Columbia—Federal Funds—Federal~~
~~Payment to the Court Services and Offender Supervision Agency for the District of Columbia”~~
~~account, with a rate for operations equal to $249.7 million. This represents an increase of $3.8~~
~~million from the FY2021 appropriated amount (Title IV of Division E of P.L. 116-260). The~~
~~provision also directs $70.5 million of the $249.7 million total to remain available for the Pretrial~~29

2023 This section was authored by Barbara L. Schwemle, Analyst in American National Government. This section was authored by Barbara L. Schwemle, Analyst in American National Government.
2124 This section was authored by Garrett Hatch, Specialist in American National Government. This section was authored by Garrett Hatch, Specialist in American National Government.
2225 This section was authored by Robert Jay Dilger, Senior Specialist in American National Government. This section was authored by Robert Jay Dilger, Senior Specialist in American National Government.
2326 15 U.S.C. §636(a)(1)-(35). For more information, see CRS Report R41146, 15 U.S.C. §636(a)(1)-(35). For more information, see CRS Report R41146, Small Business Administration 7(a) Loan
Guaranty Program, by Robert Jay Dilger. , by Robert Jay Dilger.
2427 15 U.S.C. §687l; and 15 U.S.C. §697b. 15 U.S.C. §687l; and 15 U.S.C. §697b.
2528 15 U.S.C. §697-§697g. For more information, see CRS Report R41184, 15 U.S.C. §697-§697g. For more information, see CRS Report R41184, Small Business Administration 504/CDC
Loan Guaranty Program, by Robert Jay Dilger. , by Robert Jay Dilger.
2629 15 U.S.C. Chapter 14B. For more information, see CRS Report R41456, 15 U.S.C. Chapter 14B. For more information, see CRS Report R41456, SBA Small Business Investment Company
Program, by Robert Jay Dilger. , by Robert Jay Dilger.
~~27 This section was authored by Joseph V. Jaroscak, Analyst in Economic Development Policy.~~
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Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

~~Services Agency for the District of Columbia.28~~
~~Section 130—District of Columbia Local Funds29~~Section 129—District of Columbia30 Section 129 provides additional funding for the “District of Columbia—Federal Funds—Federal Payment to the Court Services and Offender Supervision Agency for the District of Columbia” account, with a rate for operations equal to $249.7 million. This represents an increase of $3.8 million from the FY2021 appropriated amount (Title IV of Division E of P.L. 116-260). The provision also directs $70.5 million of the $249.7 million total to remain available for the Pretrial Services Agency for the District of Columbia.31 Section 130—District of Columbia Local Funds32
Section 130 grants congressional approval to the District of Columbia’s general fund and capital Section 130 grants congressional approval to the District of Columbia’s general fund and capital
budgets for FY2022. This approval is consistent with the requirement that Congress approve the budgets for FY2022. This approval is consistent with the requirement that Congress approve the
District’s annual budget under the District of Columbia Self-Government and Government District’s annual budget under the District of Columbia Self-Government and Government
Reorganization Act (P.L. 93-198).Reorganization Act (P.L. 93-198).3033 This provision grants the District the authority to expend This provision grants the District the authority to expend
locally raised funds only for those programs and activities that received funding in the District’s locally raised funds only for those programs and activities that received funding in the District’s
FY2021 appropriation (Title IV of Division E of P.L. 116-260). This provision also allows FY2021 appropriation (Title IV of Division E of P.L. 116-260). This provision also allows
District officials to obligate locally raised funds at the rate set forth in the District’s Fiscal Year District officials to obligate locally raised funds at the rate set forth in the District’s Fiscal Year
2022 Local Budget Act of 2021 (D.C. Act 24-173).2022 Local Budget Act of 2021 (D.C. Act 24-173).3134
Section 131—Federal Bankruptcy Trustee ~~Payments32~~Payments35
Section 131 would remove the phrase Section 131 would remove the phrase in that fiscal year from Title 11, Section 330(e)(3), of the from Title 11, Section 330(e)(3), of the
U.S. Code. This change would allow the federal judiciary to pay bankruptcy trustees who served . This change would allow the federal judiciary to pay bankruptcy trustees who served
in cases during a particular fiscal year even if those trustees were not actually appointed, or did in cases during a particular fiscal year even if those trustees were not actually appointed, or did
not render services, until the following fiscal year. This change would impact only a small not render services, until the following fiscal year. This change would impact only a small
number of cases each year and would have no impact on appropriations or funding for the number of cases each year and would have no impact on appropriations or funding for the
judiciary (per information received by CRS from the Administrative Office of the U.S. Courts). judiciary (per information received by CRS from the Administrative Office of the U.S. Courts).

~~Author Information~~

~~Baird Webel~~

~~Specialist in Financial Economics~~

28 30 This section was authored by Joseph V. Jaroscak, Analyst in Economic Development Policy. 31 For information on the Court Services and Offender Supervision Agency and the Pretrial Services Agency, see For information on the Court Services and Offender Supervision Agency and the Pretrial Services Agency, see
Pretrial Services Agency for the District of Columbia, “Court Services and Offender Supervision Agency,” Pretrial Services Agency for the District of Columbia, “Court Services and Offender Supervision Agency,”
https://www.psa.gov/?q=about/CSOSA. https://www.psa.gov/?q=about/CSOSA.
2932 This section was authored by Joseph V. Jaroscak, Analyst in Economic Development Policy. This section was authored by Joseph V. Jaroscak, Analyst in Economic Development Policy.
3033 For information on the District of Columbia budget process, see CRS Report R46763, For information on the District of Columbia budget process, see CRS Report R46763, FY2021 District of Columbia
Budget and Appropriations. .
3134 D.C. Act 24-176, D.C. Act 24-176, Fiscal Year 2022 Budget Support Act of 2021, https://lims.dccouncil.us/downloads/LIMS/47312/, https://lims.dccouncil.us/downloads/LIMS/47312/
Signed_Act/B24-0285-Signed_Act.pdf. Signed_Act/B24-0285-Signed_Act.pdf.
3235 This section was authored by Barry McMillion, Analyst on the Federal Judiciary. This section was authored by Barry McMillion, Analyst on the Federal Judiciary.
Congressional Research Service Congressional Research Service

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Financial Services and General Government (FSGG) FY2022 Appropriations: Overview

Author Information Baird Webel Specialist in Financial Economics

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R46993 R46993 · VERSION 57 · UPDATED
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