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H.Res. 138House118th Congress (2023-2025)In Committee

Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Eighteenth Congress.

Sponsored by Patrick T. McHenryRep. Patrick T. McHenry (R-NC)
Introduced February 17, 2023

AI-Generated Summary

Updated January 20, 2026 at 3:51 AM UTC

The resolution authorizes funding for the House Committee on Financial Services for the 118th Congress. It allows up to $20.37 million to cover staff salaries and other committee expenses, divided equally between two one‑year periods. The money comes from the House’s committee salary and expense accounts and is subject to House Administration rules.

Key Provisions

  • Authorize a total of $20,370,000 for the Committee’s expenses during the 118th Congress.
  • Limit the funding to $10,185,000 for the period Jan 3 2023 – Jan 3 2024 and $10,185,000 for Jan 3 2024 – Jan 3 2025.
  • Require payments to be made on vouchers signed by the Committee Chairman and approved according to House Administration procedures.
  • Mandate that all expenditures follow regulations set by the Committee on House Administration.

Legislative Activity

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1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on House Administration.

Committee on House Administration

February 17, 2023

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HouseIntro Referral

Introduced in House

February 17, 2023

HouseIntro Referral

Referred to the House Committee on House Administration.

Committee on House Administration

February 17, 2023

Bill Text

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Introduced in HouseIssued February 17, 2023

IV

118th CONGRESS

1st Session

H. RES. 138

IN THE HOUSE OF REPRESENTATIVES

February 17, 2023

Mr. McHenry submitted the following resolution; which was referred to the Committee on House Administration

RESOLUTION

Providing amounts for the expenses of the Committee on Financial Services in the One Hundred Eighteenth Congress.

1.

Amounts for committee expenses

For the expenses of the Committee on Financial Services (hereafter in this resolution referred to as the Committee), including the expenses of all staff salaries, there shall be paid, out of the applicable accounts of the House of Representatives for committee salaries and expenses, not more than $20,370,000 for the One Hundred Eighteenth Congress.

2.

Session limitations

Of the amount specified in section 1—

(1)

not more than $10,185,000 shall be available for expenses incurred during the period beginning at noon on January 3, 2023, and ending immediately before noon on January 3, 2024; and

(2)

not more than $10,185,000 shall be available for expenses incurred during the period beginning at noon on January 3, 2024, and ending immediately before noon on January 3, 2025.

3.

Vouchers

Payments under this resolution shall be made on vouchers authorized by the Committee, signed by the Chairman of the Committee, and approved in the manner directed by the Committee on House Administration.

4.

Regulations

Amounts made available under this resolution shall be expended in accordance with regulations prescribed by the Committee on House Administration.