Providing amounts for the expenses of the Committee on Small Business in the One Hundred Nineteenth Congress.
The bill delineates how the allocated funds will be distributed over specific periods. It sets limitations for the use of funds, with $4,287,634 designated for the year from noon January 3, 2025, to noon January 3, 2026, and $4,342,212 for the subsequent year. This structured approach to budgeting serves to ensure that the committee can manage its resources effectively and maintain its operational integrity throughout its term.
HR141 is a resolution aimed at providing financial allocations for the expenses of the Committee on Small Business during the One Hundred Nineteenth Congress. The resolution specifies that a maximum of $8,629,846 will be available for committee salaries and expenses, ensuring that the committee has the necessary resources to effectively carry out its functions. This allocation underscores the importance placed on supporting small businesses through dedicated congressional efforts.
Although HR141 primarily focuses on budgetary provisions, it reflects ongoing discussions about the priority of small business support within Congress. By providing clear funding levels, the resolution facilitates the committee's capacity to address issues pertinent to small businesses, which are vital to economic growth. However, the effectiveness of this funding can hinge on the committee's actions and decisions regarding regulatory frameworks and business support programs, which may be areas of contention among different political factions.
There is a significant emphasis on ensuring compliance with regulations as funds are allocated. Payments made under this resolution shall be authorized by the Committee and must adhere to the regulations set forth by the Committee on House Administration. This highlights the ongoing accountability mechanisms in place, which are crucial for maintaining transparency and oversight regarding how taxpayer funds are utilized.