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Publication Date: March 2003
Publisher: Library of Congress. Congressional Research Service
Author(s):
Research Area: Banking and finance
Type:
Abstract:
On February 20, 2003, President Bush signed the Consolidated Appropriations Act for FY2003, P.L. 108-7 (formerly H. J. Res. 2). Division C of the act appropriates $512 million in federal funds for the District of Columbia. for fiscal year 2003. On February 13, 2003, the House and the Senate approved the conference report (H.Rept. 108-10) accompanying H. J. Res. 2. The Senate approved an earlier version of H.J.Res. 2, on January 23, 2003, that would have allowed the District of Columbia to spend $5.8 billion in locally raised funds while Congress completed action on the proposed $517 million in federal contributions to the District’s FY2003 budget. The 107th Congress failed to complete action on the District’s FY2003 Appropriations Act before it adjourned. As a consequence, Congress passed eight continuing budget resolutions freezing District of Columbia and several other FY2003 appropriations bills at their FY2002 level until a budget compromise could be reached. during the 108th Congress.