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Tuesday, September 7, 2010

Legislative Branch Revolving Funds

Ida A. Brudnick
Analyst on the Congress

Jacob R. Straus
Analyst on the Congress

Legislative branch revolving funds support the "business-type activities" of the House, Senate, and legislative branch agencies. Revolving funds must be established statutorily. The legislative branch currently has 26 revolving funds, including seven funds for the House of Representatives, nine for the Senate, five for the Architect of the Capitol, four for the Library of Congress, and one for the Government Printing Office. As of the close of FY2009, the funds range in size from zero for the House Recording Studio Fund to $186.5 million for the Government Printing Office revolving fund. In contrast, the legislative branch appropriation for FY2010 was equal to $4.65 billion. 

This report traces the establishment, use, and recent development of these funds. Where available, the current status of funds is provided, using standard federal government budget object classifications. 

This report will be updated annually following the publication of the Statement of Disbursements of the House and the Report of the Secretary of the Senate for the period ending September 30 of each fiscal year.


Date of Report: August 25, 2010
Number of Pages: 35
Order Number: R40939
Price: $29.95

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