Appropriations/Budget News

June 25, 2019

FY2020 Financial Services and General Government Appropriations Bill

FY2020 Financial Services and General Government Appropriations Bill

The House Appropriations Committee recently approved the fiscal year 2020 Financial Services and General Government Appropriations bill. This legislation provides annual funding for the Treasury Department, the Executive Office of the President, the Judiciary, the District of Columbia, the Small Business Administration, the General Services Administration, the Securities and Exchange Commission, and several other independent agencies.

This legislation is scheduled for the House Floor this week. A summary of the recommendations is attached. Some highlights:

  • Provides $18 million for the Cybersecurity Enhancement Account
  • Provides $7.7 million for Bureau of the Fiscal Service for IT modernization
  • Provides $290 million for the Business System Modernization program
  • Provides $12.8 million for IT infrastructure with the Executive Office of the President

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For more information, contact:
Jerry Chouinard
Deep Water Point Legislative Affairs Lead
jerry.chouinard@deepwaterpoint.com

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