(a) Establishment

There is hereby established in the Treasury of the United States an account for the House of Representatives to be known as the “House of Representatives Modernization Initiatives Account” (hereafter in this section referred to as the “Account”).

(b) Use of funds

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Terms Used In 2 USC 5513

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

Funds in the Account shall be used by the House of Representatives to carry out initiatives to modernize the operations of the House, including initiatives to promote administrative efficiencies and expand the use of innovative technologies in offices of the House.

(c) Continuing availability of funds

Funds in the Account are available without fiscal year limitation.

(d) Omitted

(e) Effective date

This section and the amendments made by this section shall apply with respect to fiscal year 2021 and each succeeding fiscal year.