Legislative Branch Revolving Funds (CRS Report for Congress)
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Release Date |
Revised Nov. 18, 2021 |
Report Number |
R40939 |
Report Type |
Report |
Authors |
Ida A. Brudnick, Specialist on the Congress; Sarah J. Eckman, Analyst in American National Government |
Source Agency |
Congressional Research Service |
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Summary:
Legislative branch revolving funds support the “business-type activities” of the House, Senate,
and legislative branch agencies. The revolving funds are generally established as a means of
accounting either for services provided by one agency to other governmental entities or for
services provided to the general public. They comprise a small portion of the total legislative
branch operating budget.
Revolving funds must be established statutorily. Authority for some legislative branch revolving
funds dates back many decades, while others have been established more recently.
The legislative branch currently has statutory authority for 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 Publishing Office.
Over time, Congress has revisited the use, structure, and solvency of these revolving funds;
conducted oversight through hearings and the review of audits; and considered legislation
amending the revolving funds, either through proposals offered by Members or at the request of
legislative branch agencies.
This report traces the establishment, use, and recent developments related to these funds. Where
applicable, the report refers to publications that provide further details on individual revolving
funds.
This report will be updated as events warrant.