THUD Funded at Almost $52 Billion
On September 13, 2012, the House of Representatives voted to pass a continuing resolution (CR) hat would fund the federal government for the first six months of fiscal year 2013 (FY13.). The Congressional Budget Office (CBO) issued a report on H.J.Res. 117 stating that Transportation, Housing and Urban Development, and Related Agencies (THUD) appropriations would be funded at $51.830 billion.
H.J.Res. 117, the Continuing Appropriations Resolution, 2013, would provide FY12 funding levels to federal agencies for “continuing projects or activities… that were conducted in fiscal year 2012.” The resolution would also require federal agencies, including HUD, to submit a spending or operating plan to the House and Senate Committees on Appropriations within 30 days of the CR’s passage. Agencies would also be required to update this plan within 30 days after sequestration takes effect.
The CR is necessary because Congress has yet to pass its 12 appropriations bills to provide funding for the fiscal year beginning October 1, 2012. The Senate Committee on Appropriations marked up its FY13 Transportation, Housing and Urban Development, and Related Agencies (THUD) spending bill, S. 2322, in April. 2012 The House passed its THUD bill, H.R. 5972, in June 2012.
Prior to the August recess, House and Senate leadership crafted a plan to continue FY12 funding levels in a CR in order to avoid the possibility of a government shutdown and lengthy debate between Democrats and Republicans prior to the November elections. House and Senate leadership have settled on a CR totaling $1.047 trillion, the spending cap agreed to in the Budget Control Act of 2011 (BCA). The House 302(a) allocation for its FY13 spending bills used a lower figure, while the Senate Committee on Appropriations adhered to the BCA cap in its appropriations bills.
The House agreed to the CR by a vote of 329 to 91. All of the NJ Delegation voted in favor. The Senate is expected to vote in favor of the House CR during the week of September 17.
Click here to view H.J.Res. 117.
Click here to view CBO’s report.