Friday, June 24, 2011
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 27 revolving funds, including eight 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. At of the close of FY2010, the funds ranged in size from $10,000 for the Senate Computer Center Revolving Fund to $256.8 million for the Government Printing Office revolving fund. In contrast, the legislative branch appropriation for FY2011 was equal to $4.54 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: June 14, 2011
Number of Pages: 35
Order Number: R40939
Price: $29.95
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