This bill would provide $23.688 billion in fiscal year 2019 funding for the U.S. Treasury, the Judiciary, the Small Business Administration, several financial regulators, and other independent agencies. A summary of its various provisions can be found below.
Treasury Department
Funding for the Treasury Dept.’s various offices and entities would be broken down as follows:
$11.2 billion for the Internal Revenue Service (IRS), of which $77 million would be focused on implementing tax reform. The IRS would be prohibited from rehiring former employees unless their past conduct & tax compliance is considered, targeting individuals for exercising their First Amendment rights, prohibit the targeting of groups based on ideology, or producing inappropriate videos and conferences.
$208.8 million, an increase of $8 million from the prior year, for departmental offices to manage a growing caseload associated with the Committee on Foreign Investment in the U.S.
$159 milion for the Office of Terrorism and Financial Intelligence, which combats terrorism financing and administers economic and trade sanctions -- an increase of $17.2 million.
Judiciary
A total of $7.251 billion in discretionary FY19 funds would be provided, an increase of $140 million from the prior year, to allow for timely and efficient processing of federal cases, court security, and defender services.
Small Business Administration (SBA)
The SBA would receive $699.3 million to provide assistance to small businesses, expand the economy, and promote job growth for unemployed & underemployed Americans. It’d fully fund business loans at $159.2 million, in addition to providing $130 million for Small Business Development Centers, $31 million for microloan technical assistance, $12.3 million for veterans outreach, and $11.5 million for the SCORE program.
General Services Administration (GSA)
This section would allow the GSA to spend $9.63 bllion out of the Federal Buildings Fund to provide for rent payments for offices leased by the federal government, operations & maintenance at properties owned by government agencies while $1.08 billion would go to construction. Maintenance, repairs, and alterations would be fully funded.
Securities and Exchange Commission (SEC)
This section would provide $1.695 billion in funding for the SEC, an amount equal to the prior year. It’d provide targeted funding for economic analysis within the Division of Economic and Risk Analysis.
District of Columbia
This section would provide $703.2 million in federal payments to DC, which would fund public safety and security costs, support the DC court system and its offender supervision program.
Federal Trade Commission (FTC)
The FTC would receive $309.7 million in FY19 funding, equal to the prior year.
Federal Communications Commission (FCC)
The FCC would receive $333.1 million in FY19 funding, equal to the prior year.
Miscellaneous:
Pay raises for the Vice President and senior political appointees would be prohibited.
Funding for grants or contracts to tax cheats and companies with felony criminal convictions would be prohibited.
All departments and agencies would be required to link contracts that provide award fees to successful outcomes, and prohibit the use of funds to pay for award or incentive fees for contractors with below satisfactory performance.
Funds would be prohibited from being used to paint portraits of federal employees, including elected officials.
Agency inspectors general would be required to have timely access to agency documents and records.
A 1.9% pay increase would be provided for civilian federal employees for the 2019 calendar year, an equal raise to 2018.
