Appendix - Department of the Treasury

For necessary expenses of the Departmental Offices including operation and maintenance of the Treasury Building and Freedman's Bank Building; hire of passenger motor vehicles; maintenance, repairs, and improvements of, and purchase of commercial insurance policies for, real properties leased or owned overseas, when necessary for the performance of official business; executive direction program activities; international affairs and economic policy activities; domestic finance and tax policy activities, including technical assistance to State, local, and territorial entities; and Treasury-wide management policies and programs activities, $293,242,000: Provided, That of the amount appropriated under this heading—

(1) not to exceed $350,000 is for official reception and representation expenses;

(2) not to exceed $258,000 is for unforeseen emergencies of a confidential nature to be allocated and expended under the direction of the Secretary of the Treasury and to be accounted for solely on the Secretary's certificate; and

(3) not to exceed $34,000,000 shall remain available until September 30, 2024, for—

(C) the audit, oversight, and administration of the Gulf Coast Restoration Trust Fund;

(D) the development and implementation of programs within the Office of Cybersecurity and Critical Infrastructure Protection, including entering into cooperative agreements;

Note.—A full-year 2022 appropriation for this account was not enacted at the time the Budget was prepared; therefore, the Budget assumes this account is operating under the Continuing Appropriations Act, 2022 (Division A of Public Law 117–43, as amended). The amounts included for 2022 reflect the annualized level provided by the continuing resolution.


Identification code 020–0101–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Executive Direction	33	36	49
0002	International Affairs and Economic Policy	55	53	71
0003	Domestic Finance and Tax Policy	77	81	101
0005	Treasury-wide Management and Programs	40	40	47
0006	CFIUS	39	38	41
0007	Coronavirus Response Support to SBA	1

0100	Subtotal, Direct programs	245	248	309

0799	Total direct obligations	245	248	309
0811	Salaries and Expenses (Reimbursable)	9	12	12

0900	Total new obligations, unexpired accounts	254	260	321

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	54	34	34
1012	Unobligated balance transfers between expired and unexpired accounts	1
1021	Recoveries of prior year unpaid obligations	1
1033	Recoveries of prior year paid obligations	1

1070	Unobligated balance (total)	57	34	34
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	233	233	293
	Spending authority from offsetting collections, discretionary:
1700	Collected	7	12	12
1700	Collected	15	15	15
1701	Change in uncollected payments, Federal sources	1

1750	Spending auth from offsetting collections, disc (total)	23	27	27
1900	Budget authority (total)	256	260	320
1930	Total budgetary resources available	313	294	354
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–25
1941	Unexpired unobligated balance, end of year	34	34	33

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	52	43	37
3010	New obligations, unexpired accounts	254	260	321
3011	Obligations ("upward adjustments"), expired accounts	4
3020	Outlays (gross)	–255	–266	–313
3040	Recoveries of prior year unpaid obligations, unexpired	–1
3041	Recoveries of prior year unpaid obligations, expired	–11

3050	Unpaid obligations, end of year	43	37	45
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–5	–4	–4
3070	Change in uncollected pymts, Fed sources, unexpired	–1
3071	Change in uncollected pymts, Fed sources, expired	2

3090	Uncollected pymts, Fed sources, end of year	–4	–4	–4
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	47	39	33
3200	Obligated balance, end of year	39	33	41

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	256	260	320
	Outlays, gross:
4010	Outlays from new discretionary authority	208	228	280
4011	Outlays from discretionary balances	47	38	33

4020	Outlays, gross (total)	255	266	313
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–23	–27	–27
4033	Non-Federal sources	–3

4040	Offsets against gross budget authority and outlays (total)	–26	–27	–27
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–1
4052	Offsetting collections credited to expired accounts	3
4053	Recoveries of prior year paid obligations, unexpired accounts	1

4060	Additional offsets against budget authority only (total)	3

4070	Budget authority, net (discretionary)	233	233	293
4080	Outlays, net (discretionary)	229	239	286
4180	Budget authority, net (total)	233	233	293
4190	Outlays, net (total)	229	239	286

Treasury's mission is to maintain a strong economy by promoting conditions that enable equitable and sustainable economic growth at home and abroad, combating threats to, and protecting the integrity of the financial system, and managing the Government's finances and resources effectively. Departmental Offices, as the headquarters bureau for the Department of the Treasury, provides leadership in economic and financial policy, terrorism and financial intelligence, financial crimes, and general management. The Secretary of the Treasury has the primary role of formulating and managing the domestic and international tax and financial policies of the Federal Government. Through effective management, policies, and leadership, the Treasury Department protects our national security through targeted financial actions, promotes the stability of the Nation's financial markets, and ensures the Government's ability to collect revenue and fund its operations.


Identification code 020–0101–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	94	104	129
11.3	Other than full-time permanent	3	3	3
11.5	Other personnel compensation	3	4	4
11.8	Special personal services payments	1	1	1

11.9	Total personnel compensation	101	112	137
12.1	Civilian personnel benefits	33	38	47
21.0	Travel and transportation of persons	1	4	4
23.2	Rental payments to others	1	1	1
25.1	Advisory and assistance services	13	14	14
25.2	Other services from non-Federal sources	3	2	3
25.3	Other goods and services from Federal sources	82	72	97
26.0	Supplies and materials	3	3	3
31.0	Equipment	3	2	2
32.0	Land and structures	5

99.0	Direct obligations	245	248	308
99.0	Reimbursable obligations	9	11	10
99.5	Adjustment for rounding		1	3

99.9	Total new obligations, unexpired accounts	254	260	321


Identification code 020–0101–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	672	740	869
2001	Reimbursable civilian full-time equivalent employment	40	41	41

For the necessary expenses of the Office of Terrorism and Financial Intelligence to safeguard the financial system against illicit use and to combat rogue nations, terrorist facilitators, weapons of mass destruction proliferators, human rights abusers, money launderers, drug kingpins, and other national security threats, $212,059,000, of which not less than $3,000,000 shall be available for addressing human rights violations and corruption, including activities authorized by the Global Magnitsky Human Rights Accountability Act (22 U.S.C. 2656 note): Provided, That of the amounts appropriated under this heading, up to $12,000,000 shall remain available until September 30, 2024.


Identification code 020–1804–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Terrorism and Financial Intelligence	173	175	210
0002	Kleptocracy Asset Recovery Rewards Pilot Program			2

0799	Total direct obligations	173	175	212
0811	Salaries and Expenses (Reimbursable)	8	11	11

0900	Total new obligations, unexpired accounts	181	186	223

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	10	10	10
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	175	175	212
	Spending authority from offsetting collections, discretionary:
1700	Collected	5	11	11
1701	Change in uncollected payments, Federal sources	3

1750	Spending auth from offsetting collections, disc (total)	8	11	11
1900	Budget authority (total)	183	186	223
1930	Total budgetary resources available	193	196	233
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–2
1941	Unexpired unobligated balance, end of year	10	10	10

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	62	56	39
3010	New obligations, unexpired accounts	181	186	223
3011	Obligations ("upward adjustments"), expired accounts	3
3020	Outlays (gross)	–186	–203	–226
3041	Recoveries of prior year unpaid obligations, expired	–4

3050	Unpaid obligations, end of year	56	39	36
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–6	–7	–7
3070	Change in uncollected pymts, Fed sources, unexpired	–3
3071	Change in uncollected pymts, Fed sources, expired	2

3090	Uncollected pymts, Fed sources, end of year	–7	–7	–7
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	56	49	32
3200	Obligated balance, end of year	49	32	29

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	183	186	223
	Outlays, gross:
4010	Outlays from new discretionary authority	138	154	185
4011	Outlays from discretionary balances	48	49	41

4020	Outlays, gross (total)	186	203	226
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–7	–11	–11
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–3
4052	Offsetting collections credited to expired accounts	2

4060	Additional offsets against budget authority only (total)	–1

4070	Budget authority, net (discretionary)	175	175	212
4080	Outlays, net (discretionary)	179	192	215
4180	Budget authority, net (total)	175	175	212
4190	Outlays, net (total)	179	192	215

The Office of Terrorism and Financial Intelligence (TFI) safeguards the financial system against illicit use and combats rogue nations, terrorist facilitators, weapons of mass destruction proliferators, human rights abusers, money launderers, drug kingpins, and other national security threats. In addition to the Financial Crimes Enforcement Network (FinCEN) and Treasury Executive Office for Asset Forfeiture (TEOAF), which are shown separately, TFI includes three other components: 1) the Office of Terrorist Financing and Financial Crimes (TFFC), responsible for policy and outreach such as U.S. representation to the Financial Action Task Force (FATF); 2) the Office of Intelligence and Analysis (OIA), the sole intelligence community (IC) component in the Department of the Treasury; and 3) the Office of Foreign Assets Control (OFAC), which administers and enforces economic and trade sanctions.


Identification code 020–1804–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	64	72	84
11.5	Other personnel compensation	2	2	3

11.9	Total personnel compensation	66	74	87
12.1	Civilian personnel benefits	23	25	30
21.0	Travel and transportation of persons		1	2
25.1	Advisory and assistance services	13	12	13
25.2	Other services from non-Federal sources	4	4	4
25.3	Other goods and services from Federal sources	45	44	54
25.7	Operation and maintenance of equipment	5	4	8
26.0	Supplies and materials	3	4	4
31.0	Equipment	3	3	5
32.0	Land and structures	10	5	4
91.0	Unvouchered			2

99.0	Direct obligations	172	176	213
99.0	Reimbursable obligations	9	10	10

99.9	Total new obligations, unexpired accounts	181	186	223


Identification code 020–1804–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	524	561	624
2001	Reimbursable civilian full-time equivalent employment	35	41	41

For salaries and expenses for enhanced cybersecurity for systems operated by the Department of the Treasury, $215,000,000, to remain available until September 30, 2025: Provided, That such funds shall supplement and not supplant any other amounts made available to the Treasury offices and bureaus for cybersecurity: Provided further, That of the total amount made available under this heading $9,000,000 shall be available for administrative expenses for the Treasury Chief Information Officer to provide oversight of the investments made under this heading: Provided further, That such funds shall supplement and not supplant any other amounts made available to the Treasury Chief Information Officer.


Identification code 020–1855–0–1–808		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Cybersecurity Enhancement Account	28	21	122

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	27	18	17
1021	Recoveries of prior year unpaid obligations	2	2	2

1070	Unobligated balance (total)	29	20	19
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	18	18	215
1930	Total budgetary resources available	47	38	234
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–1
1941	Unexpired unobligated balance, end of year	18	17	112

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	16	24	18
3010	New obligations, unexpired accounts	28	21	122
3020	Outlays (gross)	–16	–25	–133
3040	Recoveries of prior year unpaid obligations, unexpired	–2	–2	–2
3041	Recoveries of prior year unpaid obligations, expired	–2

3050	Unpaid obligations, end of year	24	18	5
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	16	24	18
3200	Obligated balance, end of year	24	18	5

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	18	18	215
	Outlays, gross:
4010	Outlays from new discretionary authority		4	122
4011	Outlays from discretionary balances	16	21	11

4020	Outlays, gross (total)	16	25	133
4180	Budget authority, net (total)	18	18	215
4190	Outlays, net (total)	16	25	133

Trillions of dollars are accounted for and processed by the Department of the Treasury's information technology (IT) systems and therefore these systems are a constant target for sophisticated threat actors. The Cybersecurity Enhancement Account (CEA) allows Treasury to more proactively and strategically protect Treasury systems against cybersecurity threats. The account supports enterprise-wide services and capabilities. The CEA budgetary resources will be used to address new cybersecurity requirements outlined in Executive Order 14028 — Improving the Nation's Cybersecurity — and associated guidance at the enterprise level as well as targeted bureau-specific cyber investments.


Identification code 020–1855–0–1–808		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	1	2	3
12.1	Civilian personnel benefits			1
23.3	Communications, utilities, and miscellaneous charges		1	7
25.1	Advisory and assistance services	25	11	71
25.2	Other services from non-Federal sources		1	5
25.3	Other goods and services from Federal sources		1	4
25.7	Operation and maintenance of equipment		2	14
31.0	Equipment	2	3	17

99.9	Total new obligations, unexpired accounts	28	21	122


Identification code 020–1855–0–1–808		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	4	10	21

For development and acquisition of automatic data processing equipment, software, and services; for the hire of zero emission passenger motor vehicles and for supporting charging or fueling infrastructure; and for repairs and renovations to buildings owned by the Department of the Treasury, $11,118,000, to remain available until September 30, 2025: Provided, That these funds shall be transferred to accounts and in amounts as necessary to satisfy the requirements of the Department's offices, bureaus, and other organizations: Provided further, That this transfer authority shall be in addition to any other transfer authority provided in this Act: Provided further, That none of the funds appropriated under this heading shall be used to support or supplement "Internal Revenue Service, Operations Support" or "Internal Revenue Service, Business Systems Modernization".


Identification code 020–0115–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Department-wide Systems and Capital Investments Programs (Direct)	9	9	11

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	6	3
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	6	6	11
1930	Total budgetary resources available	12	9	11
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	3

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	4	9	9
3010	New obligations, unexpired accounts	9	9	11
3020	Outlays (gross)	–4	–9	–10

3050	Unpaid obligations, end of year	9	9	10
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	4	9	9
3200	Obligated balance, end of year	9	9	10

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	6	6	11
	Outlays, gross:
4010	Outlays from new discretionary authority	2	3	5
4011	Outlays from discretionary balances	2	6	5

4020	Outlays, gross (total)	4	9	10
4180	Budget authority, net (total)	6	6	11
4190	Outlays, net (total)	4	9	10

This account is authorized to be used by Treasury's offices and bureaus to modernize business processes, increase efficiency, and improve infrastructure through technology and capital investments.


Identification code 020–0115–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
23.3	Communications, utilities, and miscellaneous charges			5
25.1	Advisory and assistance services		1
31.0	Equipment	2
32.0	Land and structures	7	8	6

99.9	Total new obligations, unexpired accounts	9	9	11

For necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978, $43,878,000, including hire of passenger motor vehicles; of which not to exceed $100,000 shall be available for unforeseen emergencies of a confidential nature, to be allocated and expended under the direction of the Inspector General of the Treasury; of which up to $2,800,000 to remain available until September 30, 2024, shall be for audits and investigations conducted pursuant to section 1608 of the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (33 U.S.C. 1321 note); and of which not to exceed $1,000 shall be available for official reception and representation expenses.


Identification code 020–0106–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Audits	29	32	33
0002	Investigations	10	11	11
0003	Coronavirus Relief Fund Oversight	8	9	9
0004	Emergency Rental Assistance Oversight		1	1
0005	Homeowner Assistance Oversight		1	1

0799	Total direct obligations	47	54	55
0801	Office of Inspector General (Reimbursable)	9	12	12

0900	Total new obligations, unexpired accounts	56	66	67

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	35	41	29
1012	Unobligated balance transfers between expired and unexpired accounts	1	1	1

1070	Unobligated balance (total)	36	42	30
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	41	41	44
1100	Appropriation (Consolidated Appropriations Act, 2021)	7

1160	Appropriation, discretionary (total)	48	41	44
	Appropriations, mandatory:
1221	Appropriations transferred from other acct [020–0124]	3
1221	Appropriations transferred from other acct [020–0150]	3

1260	Appropriations, mandatory (total)	6
	Spending authority from offsetting collections, discretionary:
1700	Collected	4	12	12
1701	Change in uncollected payments, Federal sources	6

1750	Spending auth from offsetting collections, disc (total)	10	12	12
1900	Budget authority (total)	64	53	56
1930	Total budgetary resources available	100	95	86
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–3
1941	Unexpired unobligated balance, end of year	41	29	19

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	12	16	13
3010	New obligations, unexpired accounts	56	66	67
3011	Obligations ("upward adjustments"), expired accounts	5
3020	Outlays (gross)	–53	–69	–67
3041	Recoveries of prior year unpaid obligations, expired	–4

3050	Unpaid obligations, end of year	16	13	13
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–5	–6	–6
3070	Change in uncollected pymts, Fed sources, unexpired	–6
3071	Change in uncollected pymts, Fed sources, expired	5

3090	Uncollected pymts, Fed sources, end of year	–6	–6	–6
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	7	10	7
3200	Obligated balance, end of year	10	7	7

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	58	53	56
	Outlays, gross:
4010	Outlays from new discretionary authority	40	39	42
4011	Outlays from discretionary balances	13	28	23

4020	Outlays, gross (total)	53	67	65
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–9	–12	–12
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–6
4052	Offsetting collections credited to expired accounts	5

4060	Additional offsets against budget authority only (total)	–1

4070	Budget authority, net (discretionary)	48	41	44
4080	Outlays, net (discretionary)	44	55	53
	Mandatory:
4090	Budget authority, gross	6
	Outlays, gross:
4101	Outlays from mandatory balances		2	2
4180	Budget authority, net (total)	54	41	44
4190	Outlays, net (total)	44	57	55

The Office of Inspector General (OIG) conducts audits and investigations designed to promote integrity, efficiency, and effectiveness in programs and operations within the Department and across the OIG's jurisdiction, as well as to keep the Secretary and the Congress fully informed of problems and deficiencies in the administration of such programs and operations. The OIG conducts audits and investigations of Treasury programs and operations except those under jurisdictional oversight of the Treasury Inspector General for Tax Administration, the Special Inspector General for the Troubled Asset Relief Program, and the Special Inspector General for Pandemic Recovery. In addition, the Treasury Inspector General functions as Chair of the Council of Inspectors General on Financial Oversight. The Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act tasked the OIG with oversight of all projects, programs, and operations of the Gulf Coast Restoration Trust Fund (Trust Fund), which extends to the Gulf Coast Ecosystem Restoration Council.

The Budget request for the OIG will be used to fund audit, investigative, and mission support activities to meet the requirements of the Inspector General Act, as well as other statutes relating to: 1) cyber threats; 2) Bank Secrecy Act, anti-money laundering, and anti-terrorist financing enforcement; 3) spending transparency and improper payments; and 4) administration of the Trust Fund. Specific mandates include audits of the Department's financial statements, compliance with FISMA, and actions in implementing cybersecurity information sharing. In its oversight of the Office of the Comptroller of the Currency, OIG conducts material loss reviews of failed national banks and trusts insured by the Federal Deposit Insurance Corporation. With resources available after mandated requirements are met, the OIG will conduct audits and reviews of the Department's highest risk programs and operations. The OIG will also respond to stakeholder requests.

The Office of Audit expects to complete 100 percent of statutory audits by the required deadline and to complete 82 audit products in 2023, as well as provide oversight, on a reimbursable basis, of the Small Business Lending Fund.

In 2023, the Office of Investigations will continue to investigate all reports of fraud, waste, abuse, and criminal activity affecting Treasury programs and operations. It will also continue proactive efforts to detect, investigate, and deter electronic crimes and other threats to Treasury's physical and IT critical infrastructure, and will continue current efforts to aggressively investigate, close, and refer cases for criminal prosecution, civil litigation, or corrective administrative action in a timely manner.

This account also supports the oversight of COVID response programs, such as the Coronavirus Relief Fund, Emergency Rental Assistance, and the Homeowner Assistance Fund pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Division N of the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021.


Identification code 020–0106–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	22	27	28
11.5	Other personnel compensation	1	1	1

11.9	Total personnel compensation	23	28	29
12.1	Civilian personnel benefits	9	10	11
21.0	Travel and transportation of persons		1	1
23.1	Rental payments to GSA		4	4
23.3	Communications, utilities, and miscellaneous charges		1	1
25.1	Advisory and assistance services	1
25.2	Other services from non-Federal sources	4	2	2
25.3	Other goods and services from Federal sources	8	7	7
31.0	Equipment	1

99.0	Direct obligations	46	53	55
99.0	Reimbursable obligations	9	12	12
99.5	Adjustment for rounding	1	1

99.9	Total new obligations, unexpired accounts	56	66	67


Identification code 020–0106–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	189	190	190

For necessary expenses of the Committee on Foreign Investment in the United States, $20,000,000, to remain available until expended: Provided, That the chairperson of the Committee may transfer such amounts to any department or agency represented on the Committee (including the Department of the Treasury) subject to advance notification to the Committees on Appropriations of the House of Representatives and the Senate: Provided further, That amounts so transferred shall remain available until expended for expenses of implementing section 721 of the Defense Production Act of 1950, as amended (50 U.S.C. 4565), and shall be available in addition to any other funds available to any department or agency: Provided further, That fees authorized by section 721(p) of such Act shall be credited to this appropriation as offsetting collections: Provided further, That the total amount appropriated under this heading from the general fund shall be reduced as such offsetting collections are received during fiscal year 2023, so as to result in a total appropriation from the general fund estimated at not more than $0.


Identification code 020–0165–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Transfer to Departmental Offices	15	15	15
0002	Transfer to Member Agencies	1	5	5

0900	Total new obligations, unexpired accounts (object class 94.0)	16	20	20

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	5	12	12
	Budget authority:
	Spending authority from offsetting collections, discretionary:
1700	Collected	23	20	20
1930	Total budgetary resources available	28	32	32
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	12	12	12

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		1
3010	New obligations, unexpired accounts	16	20	20
3020	Outlays (gross)	–15	–21	–20

3050	Unpaid obligations, end of year	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		1
3200	Obligated balance, end of year	1

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	23	20	20
	Outlays, gross:
4010	Outlays from new discretionary authority	15	20	20
4011	Outlays from discretionary balances		1

4020	Outlays, gross (total)	15	21	20
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4033	Non-Federal sources	–23	–20	–20
4180	Budget authority, net (total)
4190	Outlays, net (total)	–8	1

The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee, chaired by the Secretary of the Treasury, authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons in order to determine the effect of such transactions on the national security of the United States. The Foreign Investment Risk Review Modernization Act of 2018 established the CFIUS Fund. This account funds investments necessary to the functioning of CFIUS and allows the transfer of a portion of such funds to CFIUS agencies to address emerging needs.

For necessary expenses of the Treasury Inspector General for Tax Administration in carrying out the Inspector General Act of 1978, as amended, including purchase and hire of passenger motor vehicles (31 U.S.C. 1343(b)); and services authorized by 5 U.S.C. 3109, at such rates as may be determined by the Inspector General for Tax Administration; $182,409,000, of which $5,000,000 shall remain available until September 30, 2024; of which not to exceed $6,000,000 shall be available for official travel expenses; of which not to exceed $500,000 shall be available for unforeseen emergencies of a confidential nature, to be allocated and expended under the direction of the Inspector General for Tax Administration; and of which not to exceed $1,500 shall be available for official reception and representation expenses.


Identification code 020–0119–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Audit	65	65	67
0002	Investigations	109	110	115

0799	Total direct obligations	174	175	182
0801	Treasury Inspector General for Tax Administration (Reimbursable)	1	1	1

0900	Total new obligations, unexpired accounts	175	176	183

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	4	7	2
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	170	170	182
	Appropriations, mandatory:
1200	Appropriation [ARP]	8
	Spending authority from offsetting collections, discretionary:
1700	Collected	1	1	1
1900	Budget authority (total)	179	171	183
1930	Total budgetary resources available	183	178	185
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–1
1941	Unexpired unobligated balance, end of year	7	2	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	19	19	14
3010	New obligations, unexpired accounts	175	176	183
3011	Obligations ("upward adjustments"), expired accounts	9
3020	Outlays (gross)	–175	–181	–182
3041	Recoveries of prior year unpaid obligations, expired	–9

3050	Unpaid obligations, end of year	19	14	15
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	19	19	14
3200	Obligated balance, end of year	19	14	15

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	171	171	183
	Outlays, gross:
4010	Outlays from new discretionary authority	157	157	168
4011	Outlays from discretionary balances	16	18	14

4020	Outlays, gross (total)	173	175	182
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–1	–1	–1
	Mandatory:
4090	Budget authority, gross	8
	Outlays, gross:
4100	Outlays from new mandatory authority	2
4101	Outlays from mandatory balances		6

4110	Outlays, gross (total)	2	6
4180	Budget authority, net (total)	178	170	182
4190	Outlays, net (total)	174	180	181

The Treasury Inspector General for Tax Administration (TIGTA), an independent office within the Department of the Treasury, was established by Congress under the Internal Revenue Service (IRS) Restructuring and Reform Act of 1998 (RRA 98). It provides oversight of IRS activities by conducting independent audits, investigations, and inspections and evaluations necessary to prevent and detect waste, fraud, and abuse in IRS programs and operations. TIGTA also identifies and recommends strategies to address IRS management challenges and implement the Department's priorities.

TIGTA's Office of Audit focuses on the major management and performance challenges confronting the IRS by prioritizing statutory audit coverage and audit work in high-risk tax administration areas. Statutory coverage includes audits mandated by RRA 98 and other statutory authorities involving computer security, taxpayer rights and privacy issues. Through its audit programs, TIGTA promotes efficiency and effectiveness in the administration of internal revenue laws. TIGTA is dedicated to the prevention and detection of fraud, waste, and abuse affecting tax administration.

TIGTA's Office of Investigations (OI) concentrates on three areas: 1) employee integrity; 2) employee and infrastructure security; and 3) external attempts to corrupt tax administration. OI's performance model uses a ratio of those investigations that have the greatest impact on IRS' operations and/or the protection of Federal tax administration to the total number of investigations conducted. Investigations in these areas protect IRS personnel, data, and facilities, as well as the public's confidence in the tax system.

TIGTA's Office of Inspections and Evaluations (I&E) identifies opportunities for improvements in IRS and TIGTA programs by performing inspections and evaluations that report timely, useful, and reliable information to decisionmakers and stakeholders. The oversight activities of I&E include inspecting the compliance of the IRS with established system controls and operating procedures, as well as evaluating the Agency's operations for high-risk systemic inefficiencies.

This account also supports the oversight of Economic Impact Payments and other fast and direct relief pursuant to Division N of the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act of 2021.


Identification code 020–0119–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	88	87	94
11.1	Full-time permanent - ARPA Fund	1	4
11.5	Other personnel compensation	9	9	9

11.9	Total personnel compensation	98	100	103
12.1	Civilian personnel benefits	42	42	46
12.1	Civilian personnel benefits - ARPA Fund	1	2
21.0	Travel and transportation of persons	1	1	3
23.1	Rental payments to GSA	9	8	8
23.3	Communications, utilities, and miscellaneous charges	1	1	1
25.1	Advisory and assistance services	2	2	2
25.2	Other services from non-Federal sources	1	1	1
25.3	Other goods and services from Federal sources	11	11	12
25.7	Operation and maintenance of equipment	2	2	2
26.0	Supplies and materials	1	1	1
31.0	Equipment	5	4	3

99.0	Direct obligations	174	175	182
99.0	Reimbursable obligations		1	1
99.5	Adjustment for rounding	1

99.9	Total new obligations, unexpired accounts	175	176	183


Identification code 020–0119–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	739	760	760
2001	Reimbursable civilian full-time equivalent employment	2	2	2


Identification code 020–0123–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Base Administrative Expenses	3	6	5
0003	Projected Payments to Insurers		24	74

0900	Total new obligations, unexpired accounts	3	30	79

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		1	1
1021	Recoveries of prior year unpaid obligations	1

1070	Unobligated balance (total)	1	1	1
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	3	30	79
1930	Total budgetary resources available	4	31	80
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1		8
3010	New obligations, unexpired accounts	3	30	79
3020	Outlays (gross)	–3	–22	–67
3040	Recoveries of prior year unpaid obligations, unexpired	–1

3050	Unpaid obligations, end of year		8	20
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1		8
3200	Obligated balance, end of year		8	20

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	3	30	79
	Outlays, gross:
4100	Outlays from new mandatory authority	2	22	59
4101	Outlays from mandatory balances	1		8

4110	Outlays, gross (total)	3	22	67
4180	Budget authority, net (total)	3	30	79
4190	Outlays, net (total)	3	22	67

The Terrorism Risk Insurance Program Reauthorization Act of 2019 (P.L. 116–94) reauthorized and revised the program established by the Terrorism Risk Insurance Act of 2002 (TRIA) (P.L. 107–297). The 2019 Act extended the Terrorism Risk Insurance Program (TRIP) for seven years, through December 31, 2027. The Budget baseline includes the estimated Federal cost of providing payments in connection with terrorism risk insurance losses. There have been no prior payments under the Program. While the Budget does not forecast any specific payment triggering events, the Budget includes estimates representing the weighted average of payments over a full range of possible scenarios, most of which include no notional payment triggering events and some of which include notional triggering events of varying magnitude. Relying upon this methodology, the Budget baseline projects net spending associated with the current reauthorization of $497 million over the 2023–2032 period. Mechanisms in TRIA result in Treasury's relative share of any covered losses decreasing over time as premiums in the insurance market increase. The budget estimate reflects this projected decrease in Treasury's share.


Identification code 020–0123–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	1	2	2
25.1	Advisory and assistance services	1	4	3
25.3	Other goods and services from Federal sources	1
42.0	Insurance claims and indemnities		24	74

99.0	Direct obligations	3	30	79

99.9	Total new obligations, unexpired accounts	3	30	79


Identification code 020–0123–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	7	8	10


Identification code 020–5697–0–2–751		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	30	45	32
	Receipts:
	Current law:
1110	Forfeited Cash and Proceeds from Sale of Forfeited Property, Treasury Forfeiture Fund	784	562	573
1140	Earnings on Investments, Treasury Forfeiture Fund	2	5	5

1199	Total current law receipts	786	567	578

1999	Total receipts	786	567	578

2000	Total: Balances and receipts	816	612	610
	Appropriations:
	Current law:
2101	Treasury Forfeiture Fund	–786	–567	–578
2103	Treasury Forfeiture Fund	–30	–45	–32
2132	Treasury Forfeiture Fund	45	32	33

2199	Total current law appropriations	–771	–580	–577

2999	Total appropriations	–771	–580	–577

5099	Balance, end of year	45	32	33


Identification code 020–5697–0–2–751		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Mandatory	624	453	462
0002	Strategic Support	360	98	100
0003	Secretary's Enforcement Fund	15	35	35

0900	Total new obligations, unexpired accounts	999	586	597

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	691	877	808
1021	Recoveries of prior year unpaid obligations	34	12	12
1033	Recoveries of prior year paid obligations	455

1070	Unobligated balance (total)	1,180	889	820
	Budget authority:
	Appropriations, discretionary:
1130	Appropriations permanently reduced		–75
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	786	567	578
1203	Appropriation (previously unavailable)(special or trust)	30	45	32
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–75
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–45	–32	–33

1260	Appropriations, mandatory (total)	696	580	577
1900	Budget authority (total)	696	505	577
1930	Total budgetary resources available	1,876	1,394	1,397
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	877	808	800

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	531	863	928
3010	New obligations, unexpired accounts	999	586	597
3020	Outlays (gross)	–633	–509	–535
3040	Recoveries of prior year unpaid obligations, unexpired	–34	–12	–12

3050	Unpaid obligations, end of year	863	928	978
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	531	863	928
3200	Obligated balance, end of year	863	928	978

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross		–75
	Outlays, gross:
4010	Outlays from new discretionary authority		–8
4011	Outlays from discretionary balances			–19

4020	Outlays, gross (total)		–8	–19
	Mandatory:
4090	Budget authority, gross	696	580	577
	Outlays, gross:
4100	Outlays from new mandatory authority		29	28
4101	Outlays from mandatory balances	633	488	526

4110	Outlays, gross (total)	633	517	554
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4120	Federal sources:	–455
	Additional offsets against gross budget authority only:
4143	Recoveries of prior year paid obligations, unexpired accounts	455

4160	Budget authority, net (mandatory)	696	580	577
4170	Outlays, net (mandatory)	178	517	554
4180	Budget authority, net (total)	696	505	577
4190	Outlays, net (total)	178	509	535

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	1,218	1,825	2,008
5001	Total investments, EOY: Federal securities: Par value	1,825	2,008	2,029

The mission of the Treasury Forfeiture Fund (Fund) is to affirmatively influence the consistent and strategic use of asset forfeiture by law enforcement bureaus that participate in the Fund to disrupt and dismantle criminal enterprises. The Fund supports Federal, State, and local law enforcement's use of asset forfeiture to disrupt and deter criminal activity. Proceeds from non-tax forfeitures made by participating bureaus of the Department of the Treasury and the Department of Homeland Security are deposited into the Fund. Such proceeds are available to pay or reimburse certain costs and expenses related to seizures and forfeitures that occur pursuant to laws enforced by the bureaus and other expenses authorized by 31 U.S.C. 9705. Forfeiture proceeds can also be used to fund Federal law enforcement-related activities based on requests from Federal agencies and evaluation by the Secretary of the Treasury.


Identification code 020–5697–0–2–751		2021 actual	2022 est.	2023 est.

	Direct obligations:
25.2	Other services from non-Federal sources	67	16	15
25.3	Other goods and services from Federal sources	233	295	302
41.0	Grants, subsidies, and contributions	132	158	161
44.0	Refunds	192	88	89
94.0	Financial transfers	375	29	30

99.9	Total new obligations, unexpired accounts	999	586	597


Identification code 020–5590–0–2–376		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	4	4	5
	Receipts:
	Current law:
1110	Fees and Assessments, Financial Research Fund	69	93	94

2000	Total: Balances and receipts	73	97	99
	Appropriations:
	Current law:
2101	Financial Research Fund	–69	–93	–94
2103	Financial Research Fund	–4	–4	–5
2132	Financial Research Fund	4	5	5

2199	Total current law appropriations	–69	–92	–94

2999	Total appropriations	–69	–92	–94

5099	Balance, end of year	4	5	5


Identification code 020–5590–0–2–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0002	FSOC	5	8	8
0003	FDIC Payments	4	3	5

0091	FSOC subtotal	9	11	13
0101	OFR	71	78	88

0900	Total new obligations, unexpired accounts	80	89	101

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	62	52	59
1021	Recoveries of prior year unpaid obligations	1	4	4

1070	Unobligated balance (total)	63	56	63
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	69	93	94
1203	Appropriation (previously unavailable)(special or trust)	4	4	5
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–4	–5	–5

1260	Appropriations, mandatory (total)	69	92	94
1930	Total budgetary resources available	132	148	157
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	52	59	56

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	27	34	23
3010	New obligations, unexpired accounts	80	89	101
3020	Outlays (gross)	–72	–96	–95
3040	Recoveries of prior year unpaid obligations, unexpired	–1	–4	–4

3050	Unpaid obligations, end of year	34	23	25
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	27	34	23
3200	Obligated balance, end of year	34	23	25

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	69	92	94
	Outlays, gross:
4100	Outlays from new mandatory authority	59	18	24
4101	Outlays from mandatory balances	13	78	71

4110	Outlays, gross (total)	72	96	95
4180	Budget authority, net (total)	69	92	94
4190	Outlays, net (total)	72	96	95

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	84	80	59
5001	Total investments, EOY: Federal securities: Par value	80	59	57

The Office of Financial Research (OFR) and the Financial Stability Oversight Council (Council), whose expenses are paid for out of the Financial Research Fund, were established under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act) (P.L. 111–203).

The OFR was established to serve the Council, its member agencies, and other stakeholders by improving the quality, transparency, and accessibility of financial data and information, by conducting and sponsoring research related to financial stability, and by promoting best practices in risk management. The OFR is an office within the Department of the Treasury.

The Council is comprised of 10 voting members, including the heads of all Federal financial regulators, and five non-voting members. The Secretary of the Treasury serves as Chairperson of the Council. The Council's purpose is to identify risks to the financial stability of the United States, promote market discipline, and respond to emerging threats to the stability of the U.S. financial system.

As required under Section 210(n)(10) of the Act, the Council's expenses also include reimbursement of certain reasonable expenses incurred by the Federal Deposit Insurance Corporation in implementing Orderly Liquidation Authority, provided by Title II of the Act.

Since July 2012, OFR and the Council have been funded through assessments on certain bank holding companies and nonbank financial companies supervised by the Board of Governors. Expenses of the Council are considered expenses of, and are paid by, the OFR. Projected fees and assessments are estimates and may change.


Identification code 020–5590–0–2–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	23	30	35
11.5	Other personnel compensation	1	1	1

11.9	Total personnel compensation	24	31	36
12.1	Civilian personnel benefits	9	11	13
25.1	Advisory and assistance services	23	24	26
25.3	Other goods and services from Federal sources	7	6	6
25.7	Operation and maintenance of equipment	7	7	7
26.0	Supplies and materials	9	9	9
31.0	Equipment	1	1	1
41.0	Grants, subsidies, and contributions			2

99.0	Direct obligations	80	89	100
99.5	Adjustment for rounding			1

99.9	Total new obligations, unexpired accounts	80	89	101


Identification code 020–5590–0–2–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	125	166	190


Identification code 020–5081–0–2–808		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	1	1	26
	Receipts:
	Current law:
1110	Presidential Election Campaign Fund	24	50	50

2000	Total: Balances and receipts	25	51	76
	Appropriations:
	Current law:
2101	Presidential Election Campaign Fund	–24	–25	–25
2103	Presidential Election Campaign Fund	–1	–1	–1
2132	Presidential Election Campaign Fund	1	1	1

2199	Total current law appropriations	–24	–25	–25

2999	Total appropriations	–24	–25	–25

5099	Balance, end of year	1	26	51


Identification code 020–5081–0–2–808		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Presidential Election Campaigns			41

0900	Total new obligations, unexpired accounts (object class 41.0)			41

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	377	401	426
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	24	25	25
1203	Appropriation (Sequestration pop-up, Authorizing Committee)	1	1	1
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–1	–1	–1

1260	Appropriations, mandatory (total)	24	25	25
1930	Total budgetary resources available	401	426	451
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	401	426	410

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			41
3020	Outlays (gross)			–41

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	24	25	25
	Outlays, gross:
4101	Outlays from mandatory balances			41
4180	Budget authority, net (total)	24	25	25
4190	Outlays, net (total)			41

Individual Federal income tax returns include an optional Federal income tax designation of $3 that an individual may elect to be paid to the Presidential Election Campaign Fund (PECF). The Department of the Treasury collects the income tax designations and makes distributions from the PECF to qualified presidential candidates. Amounts not made available to and used by qualified candidates are transferred to the 10-Year Pediatric Research Initiative Fund, which was established in 2014 by the Gabriella Miller Kids First Research Act.

The Federal Election Commission administers the public funding program, determines which candidates are eligible, the amount to which they are entitled, and audits their use of the funds.

Amounts previously transferred were intended to cover the years between elections and no funds will be transferred for FY 2022 and FY 2023.


Identification code 020–4560–0–4–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0802	Financial Management Administrative Support Service	224	214	211
0804	Information Technology Services	231	215	221
0806	Shared Services Program	359	314	327
0808	Centralized Treasury Administrative Services	130	138	160

0900	Total new obligations, unexpired accounts	944	881	919

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	168	124	137
1021	Recoveries of prior year unpaid obligations	13	13	13
1033	Recoveries of prior year paid obligations	1

1070	Unobligated balance (total)	182	137	150
	Budget authority:
	Spending authority from offsetting collections, discretionary:
1700	Collected	880	881	919
1701	Change in uncollected payments, Federal sources	6

1750	Spending auth from offsetting collections, disc (total)	886	881	919
1930	Total budgetary resources available	1,068	1,018	1,069
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	124	137	150

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	245	303	288
3010	New obligations, unexpired accounts	944	881	919
3020	Outlays (gross)	–873	–883	–1,065
3040	Recoveries of prior year unpaid obligations, unexpired	–13	–13	–13

3050	Unpaid obligations, end of year	303	288	129
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–26	–32	–32
3070	Change in uncollected pymts, Fed sources, unexpired	–6

3090	Uncollected pymts, Fed sources, end of year	–32	–32	–32
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	219	271	256
3200	Obligated balance, end of year	271	256	97

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	886	881	919
	Outlays, gross:
4010	Outlays from new discretionary authority	717	758	790
4011	Outlays from discretionary balances	156	125	275

4020	Outlays, gross (total)	873	883	1,065
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–881	–881	–919
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–6
4053	Recoveries of prior year paid obligations, unexpired accounts	1

4060	Additional offsets against budget authority only (total)	–5
4080	Outlays, net (discretionary)	–8	2	146
4180	Budget authority, net (total)
4190	Outlays, net (total)	–8	2	146

The Treasury Franchise Fund (the Fund) was established by P.L. 104–208, made permanent by P.L. 108–447, and codified as 31 U.S.C. 322, note. The Fund is revolving in nature and provides financial management, procurement, travel, human resources, and information technology services through its four business lines: the Administrative Resource Center (ARC) Administrative Services, ARC Information Technology Services, Treasury Shared Services Programs (TSSP), and Centralized Treasury Administrative Services (CTAS). Services are provided to Federal customers on a reimbursable, fee-for-service basis.


Identification code 020–4560–0–4–803		2021 actual	2022 est.	2023 est.

	Reimbursable obligations:
	Personnel compensation:
11.1	Full-time permanent	187	189	193
11.3	Other than full-time permanent	1	1	1
11.5	Other personnel compensation	8	6	6

11.9	Total personnel compensation	196	196	200
12.1	Civilian personnel benefits	72	72	77
23.1	Rental payments to GSA	36	33	34
23.3	Communications, utilities, and miscellaneous charges	82	88	92
25.1	Advisory and assistance services	224	129	141
25.2	Other services from non-Federal sources	40	32	40
25.3	Other goods and services from Federal sources	154	147	160
25.4	Operation and maintenance of facilities	1	2	5
25.7	Operation and maintenance of equipment	87	127	114
26.0	Supplies and materials	3	3	3
31.0	Equipment	44	50	52
32.0	Land and structures	4	1	1

99.0	Reimbursable obligations	943	880	919
99.5	Adjustment for rounding	1	1

99.9	Total new obligations, unexpired accounts	944	881	919


Identification code 020–4560–0–4–803		2021 actual	2022 est.	2023 est.

2001	Reimbursable civilian full-time equivalent employment	2,036	2,232	2,209


Identification code 020–4444–0–3–155		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Exchange Stabilization Fund (Direct)	114,139

0900	Total new obligations, unexpired accounts (object class 25.2)	114,139

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	21,102	40,566	40,616
1021	Recoveries of prior year unpaid obligations	10,520
1026	Adjustment for change in allocation of trust fund limitation or foreign exchange valuation	111,428

1070	Unobligated balance (total)	143,050	40,566	40,616
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	11,655	50	353
1930	Total budgetary resources available	154,705	40,616	40,969
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	40,566	40,616	40,969

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	63,417	167,036	167,036
3010	New obligations, unexpired accounts	114,139
3040	Recoveries of prior year unpaid obligations, unexpired	–10,520

3050	Unpaid obligations, end of year	167,036	167,036	167,036
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	63,417	167,036	167,036
3200	Obligated balance, end of year	167,036	167,036	167,036

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	11,655	50	353
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4121	Interest on Federal securities	–7	–43	–346
4123	Non-Federal sources	–11,648	–7	–7

4130	Offsets against gross budget authority and outlays (total)	–11,655	–50	–353
4170	Outlays, net (mandatory)	–11,655	–50	–353
4180	Budget authority, net (total)
4190	Outlays, net (total)	–11,655	–50	–353

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	11,170	22,837	22,880
5001	Total investments, EOY: Federal securities: Par value	22,837	22,880	23,226
5010	Total investments, SOY: non-Fed securities: Market value	47

Under the law governing the Exchange Stabilization Fund (ESF), section 10 of the Gold Reserve Act of 1934, as amended, codified at 31 U.S.C. 5302, the Secretary of the Treasury, with the approval of the President, is authorized to deal in gold, foreign exchange, and other instruments of credit and securities, as the Secretary considers necessary, consistent with U.S. obligations in the International Monetary Fund regarding orderly exchange arrangements and a stable system of exchange rates. All earnings and interest accruing to the ESF are available for the purposes thereof. U.S. holdings of Special Drawing Rights (SDRs) are credited to the account of, and administered as part of the fund. By law, the fund is not available to pay administrative expenses.

Since 1934, the principal sources of the fund's income have been earnings on investments held by the fund, including interest earned on fund holdings of U.S. Government securities. In the wake of the COVID-19 pandemic, Treasury used funds in the ESF to invest and provide other support to the Commercial Paper Funding Facility (CPFF) and the Money Market Mutual Fund Liquidity Facility (MMLF) established by the Federal Reserve to enhance liquidity and support the flow of credit to households, and businesses. The investments in these two Federal Reserve facilities were unwound in accordance with their terms in 2021, and the ESF received interest and other earnings from these transactions.

The amounts reflected in 2022 estimates entail only projected net interest earnings on ESF assets. The estimates are subject to considerable variance, depending on changes in the amount and composition of assets and the interest rates applied to investments. In addition, these estimates make no attempt to forecast gains or losses on SDR valuation or foreign currency valuation.


Identification code 020–4444–0–3–155		2020 actual	2021 actual

	ASSETS:
	Federal assets:
	Investments in U.S. securities:
1102	Treasury securities, par	11,170	22,837
1106	Receivables, net
1201	Non-Federal assets: Foreign Currency Investments	33,341	20,945
1801	Other Federal assets: Special Drawing Rights	51,733	163,874

1999	Total assets	96,244	207,656
	LIABILITIES:
2207	Non-Federal liabilities: Other	54,917	167,036
	NET POSITION:
3100	Unexpended appropriations	200	200
3300	Cumulative results of operations	41,127	40,420

3999	Total net position	41,327	40,620

4999	Total liabilities and net position	96,244	207,656


Identification code 020–1889–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Administrative Expenses	20	5	36
0002	Congressional Oversight Commission	2

0091	Direct program activities, subtotal	22	5	36
	Credit program obligations:
0701	Direct loan subsidy	9
0703	Subsidy for modifications of direct loans	8
0705	Reestimates of direct loan subsidy	309
0706	Interest on reestimates of direct loan subsidy	597	3

0791	Direct program activities, subtotal	923	3

0900	Total new obligations, unexpired accounts	945	8	36

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	468,136	1,591	220
1021	Recoveries of prior year unpaid obligations	12,290

1070	Unobligated balance (total)	480,426	1,591	220
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	906	3
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–478,796	–1,366

1260	Appropriations, mandatory (total)	–477,890	–1,363
1900	Budget authority (total)	–477,890	–1,363
1930	Total budgetary resources available	2,536	228	220
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1,591	220	184

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	12,508	13	8
3010	New obligations, unexpired accounts	945	8	36
3020	Outlays (gross)	–1,150	–13	–39
3040	Recoveries of prior year unpaid obligations, unexpired	–12,290

3050	Unpaid obligations, end of year	13	8	5
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	12,508	13	8
3200	Obligated balance, end of year	13	8	5

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	–477,890	–1,363
	Outlays, gross:
4101	Outlays from mandatory balances	1,150	13	39
4180	Budget authority, net (total)	–477,890	–1,363
4190	Outlays, net (total)	1,150	13	39

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–1889–0–1–376		2021 actual	2022 est.	2023 est.

	Direct loan levels supportable by subsidy budget authority:
115005	Businesses Critical to National Security	36
115007	Passenger Carriers, Small	325
115008	MRO and Ticketing Agencies	40
115009	Cargo Carriers	2

115999	Total direct loan levels	403
	Direct loan subsidy (in percent):
132005	Businesses Critical to National Security	4.70	0.00	0.00
132007	Passenger Carriers, Small	1.11	0.00	0.00
132008	MRO and Ticketing Agencies	8.62	0.00	0.00
132009	Cargo Carriers	7.75	0.00	0.00

132999	Weighted average subsidy rate	2.21	0.00	0.00
	Direct loan subsidy budget authority:
133005	Businesses Critical to National Security	2
133007	Passenger Carriers, Small	4
133008	MRO and Ticketing Agencies	3

133999	Total subsidy budget authority	9
	Direct loan subsidy outlays:
134002	13(3) Main Street Lending Program	8
134005	Businesses Critical to National Security	209
134007	Passenger Carriers, Small	4
134008	MRO and Ticketing Agencies	3

134999	Total subsidy outlays	224
	Direct loan reestimates:
135001	13(3) Municipal Liquidity Facility	454	–218
135002	13(3) Main Street Lending Program	–13,367	–3,252
135003	13(3) Term Asset-Backed Securities Loan Facility	96	–98
135004	13(3) Corporate Credit Facilities	–269	–451
135005	Businesses Critical to National Security	–47	–231
135006	Passenger Carriers, Large	9	–157
135007	Passenger Carriers, Small		–1
135008	MRO and Ticketing Agencies		–3

135999	Total direct loan reestimates	–13,124	–4,411

	Administrative expense data:
3580	Outlays from balances	15	5	36

The CARES Act (P.L. 116–136) authorized the Department of the Treasury to make up to $500 billion in loans and other investments in support of and to provide liquidity to eligible businesses, nonprofits, states, and municipalities impacted by the COVID-19 pandemic. This included investments in facilities established by the Board of Governors of the Federal Reserve System pursuant to Section 13(3) of the Federal Reserve Act to provide liquidity to the financial system. The CARES Act also authorized Treasury to use up to $46 billion of these funds to make loans to passenger and cargo air carriers, certain other aviation businesses, and businesses critical to maintaining national security. As required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with these loans and investments, which are estimated on a present value basis. The Consolidated Appropriations Act, 2021 (P.L. 116–260) Sec. 1003 rescinded $478.8 billion in budget authority from this program in 2021 and the Infrastructure Investment and Jobs Act (PL 117–58) Sec. 90007 further rescinded $1.4 billion in 2022.

Starting in 2023, obligations, outlays and staffing include administrative activities for programs authorized by Sec. 9901 of the American Rescue Plan, consistent with Sec. 123 of the Treasury Administrative Provisions.


Identification code 020–1889–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	2	1	8
11.8	Special personal services payments	2

11.9	Total personnel compensation	4	1	8
12.1	Civilian personnel benefits	1		2
25.1	Advisory and assistance services	13		11
25.3	Other goods and services from Federal sources	4	4	15
41.0	Grants, subsidies, and contributions	923	3

99.0	Direct obligations	945	8	36

99.9	Total new obligations, unexpired accounts	945	8	36


Identification code 020–1889–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	11	5	64


Identification code 020–4447–0–3–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0710	Direct loan obligations	403
0713	Payment of interest to Treasury	607	198	195
0741	Modification savings		155
0742	Downward reestimates paid to receipt accounts	14,024	4,341
0743	Interest on downward reestimates	6	74

0900	Total new obligations, unexpired accounts	15,040	4,768	195

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		379
1021	Recoveries of prior year unpaid obligations	105,580
1024	Unobligated balance of borrowing authority withdrawn	–93,291

1070	Unobligated balance (total)	12,289	379
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	14,714	3,775	112
1424	Capital transfers of borrowing authority to general fund	–1

1440	Borrowing authority, mandatory (total)	14,713	3,775	112
	Spending authority from offsetting collections, mandatory:
1800	Collected	78,980	5,753	83
1801	Change in uncollected payments, Federal sources	–12,497
1825	Spending authority from offsetting collections applied to repay debt	–78,066	–5,139

1850	Spending auth from offsetting collections, mand (total)	–11,583	614	83
1900	Budget authority (total)	3,130	4,389	195
1930	Total budgetary resources available	15,419	4,768	195
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	379

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	106,035
3010	New obligations, unexpired accounts	15,040	4,768	195
3020	Outlays (gross)	–15,495	–4,768	–195
3040	Recoveries of prior year unpaid obligations, unexpired	–105,580
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–12,497
3070	Change in uncollected pymts, Fed sources, unexpired	12,497
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	93,538

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	3,130	4,389	195
	Financing disbursements:
4110	Outlays, gross (total)	15,495	4,768	195
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Federal sources	–1,131	–3
4122	Interest on uninvested funds	–130	–12	–3
4123	Non-Federal sources	–77,719	–5,738	–80

4130	Offsets against gross budget authority and outlays (total)	–78,980	–5,753	–83
	Additional offsets against financing authority only (total):
4140	Change in uncollected pymts, Fed sources, unexpired	12,497

4160	Budget authority, net (mandatory)	–63,353	–1,364	112
4170	Outlays, net (mandatory)	–63,485	–985	112
4180	Budget authority, net (total)	–63,353	–1,364	112
4190	Outlays, net (total)	–63,485	–985	112


Identification code 020–4447–0–3–376		2021 actual	2022 est.	2023 est.

	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	403

1150	Total direct loan obligations	403

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	104,320	27,544	22,382
1231	Disbursements: Direct loan disbursements	858
1251	Repayments: Repayments and prepayments	–77,634	–5,162	–80

1290	Outstanding, end of year	27,544	22,382	22,302

As authorized by the Coronavirus Aid, Relief, and Economic Security Act (P.L. 116–136) and required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and from the Government resulting from direct loans and other investments obligated in FY 2020 and FY 2021, including modifications of those direct loans. The amounts in this account are a means of financing and are not included in the Budget totals.


Identification code 020–4447–0–3–376		2020 actual	2021 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury		380
	Investments in U.S. securities:
1106	Receivables, net	458
	Non-Federal assets:
1201	Investments in non-Federal securities, net	97,899	25,578
1206	Receivables, net		462
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	1,821	1,147
1402	Interest receivable	2	7
1405	Allowance for subsidy cost (-)	–243	158

1499	Net present value of assets related to direct loans	1,580	1,312

1999	Total assets	99,937	27,732
	LIABILITIES:
	Federal liabilities:
2103	Debt	87,102	23,998
2105	Other	12,835	3,734
2205	Non-Federal liabilities: Lease liabilities, net

2999	Total liabilities	99,937	27,732
	NET POSITION:
3300	Cumulative results of operations
3300	Cumulative results of operations
3300	Cumulative results of operations
3300	Cumulative results of operations
3300	Cumulative results of operations
3300	Cumulative results of operations

3999	Total net position

4999	Total liabilities and net position	99,937	27,732


Identification code 020–1894–0–1–402		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Administrative Expenses	15	7	7
0002	Passenger Air Carrier Worker Relief	28,582	4
0003	Cargo Air Carrier Worker Relief	5
0004	Air Carrier Contractor Worker Relief	2,244	2

0900	Total new obligations, unexpired accounts	30,846	13	7

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	3,794	3,993	903
1021	Recoveries of prior year unpaid obligations	34	31
1033	Recoveries of prior year paid obligations	11	92

1070	Unobligated balance (total)	3,839	4,116	903
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	31,000
1230	Appropriations and/or unobligated balance of appropriations permanently reduced		–3,200

1260	Appropriations, mandatory (total)	31,000	–3,200
1930	Total budgetary resources available	34,839	916	903
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	3,993	903	896

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	65	110
3010	New obligations, unexpired accounts	30,846	13	7
3020	Outlays (gross)	–30,767	–92	–7
3040	Recoveries of prior year unpaid obligations, unexpired	–34	–31

3050	Unpaid obligations, end of year	110
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	65	110
3200	Obligated balance, end of year	110

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	31,000	–3,200
	Outlays, gross:
4100	Outlays from new mandatory authority	30,260
4101	Outlays from mandatory balances	507	92	7

4110	Outlays, gross (total)	30,767	92	7
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–11	–92
	Additional offsets against gross budget authority only:
4143	Recoveries of prior year paid obligations, unexpired accounts	11	92

4160	Budget authority, net (mandatory)	31,000	–3,200
4170	Outlays, net (mandatory)	30,756		7
4180	Budget authority, net (total)	31,000	–3,200
4190	Outlays, net (total)	30,756		7

The Coronavirus Aid, Relief, and Economic Security Act (P.L. 116–136) Section 4112 (CARES Act), Consolidated Appropriations Act, 2021 (P.L. 116–260) Division N Section 402, and the American Rescue Plan Act of 2021 (P.L. 117–2) Section 7301 each authorized the Secretary of the Treasury to provide financial assistance to the aviation industry for the continued payment of employee wages, salaries, and benefits. The CARES Act provided for financial assistance to passenger air carriers, cargo air carriers, and airline contractors. The two subsequent laws provided for additional financial assistance only for passenger air carriers and airline contractors. The Infrastructure Investment and Jobs Act (P.L. 117–58) Section 90007 rescinded $3 billion from CARES Act Section 4120 budget authority, which corresponded with a lack of demand for the program among cargo airlines, as well as $200 million from the P.L. 116–260 Division N Sec. 411 budget authority.

Starting in 2023, obligations and outlays also reflect amounts provided for the administration of the Emergency Rental Assistance program and programs authorized by Sec. 9901 of the American Rescue Plan, consistent with Sec. 123 of the Treasury Administrative Provisions.


Identification code 020–1894–0–1–402		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	2	1
11.8	Special personal services payments	1

11.9	Total personnel compensation	3	1
12.1	Civilian personnel benefits	1
25.1	Advisory and assistance services	6	2	4
25.3	Other goods and services from Federal sources	5	4	3
41.0	Grants, subsidies, and contributions	30,831	6

99.0	Direct obligations	30,846	13	7

99.9	Total new obligations, unexpired accounts	30,846	13	7


Identification code 020–1894–0–1–402		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	14	5	1


Identification code 020–0156–0–1–401		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0002	Administrative Costs	4	9	6
0003	Passenger Vessel Companies	279	80
0004	Motor Coach Companies	721	318
0005	School Bus Companies	290	285
0006	Pilotage Companies	1	1

0900	Total new obligations, unexpired accounts	1,295	693	6

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		705	19
1021	Recoveries of prior year unpaid obligations		7

1070	Unobligated balance (total)		712	19
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	2,000
1930	Total budgetary resources available	2,000	712	19
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	705	19	13

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		1	2
3010	New obligations, unexpired accounts	1,295	693	6
3020	Outlays (gross)	–1,294	–685	–8
3040	Recoveries of prior year unpaid obligations, unexpired		–7

3050	Unpaid obligations, end of year	1	2
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		1	2
3200	Obligated balance, end of year	1	2

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	2,000
	Outlays, gross:
4100	Outlays from new mandatory authority	1,294
4101	Outlays from mandatory balances		685	8

4110	Outlays, gross (total)	1,294	685	8
4180	Budget authority, net (total)	2,000
4190	Outlays, net (total)	1,294	685	8

The Consolidated Appropriations Act, 2021 (P.L. 116–260) Section 421 authorized the Secretary of the Treasury, in consultation with the Secretary of Transportation, to make grants available to eligible providers of transportation services that suffered revenue loss due to the coronavirus pandemic. Eligible companies provided charter, local, commuter, school, and tour bus services.Eligible small passenger vessels (as defined in 46 U.S.C 85, 116, and 2101) and the pilotage industry were also included.


Identification code 020–0156–0–1–401		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		2	1
25.1	Advisory and assistance services	2	5	4
25.3	Other goods and services from Federal sources	2	2	1
41.0	Grants, subsidies, and contributions	1,291	684

99.9	Total new obligations, unexpired accounts	1,295	693	6


Identification code 020–0156–0–1–401		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	2	11	4


Identification code 020–1892–0–1–806		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0004	States and DC (ARP)	154,140	41,160
0005	Territories (ARP)	4,500
0006	Tribal Governments (ARP)	19,957	44
0007	Local - Metro Cities (ARP)	22,506	23,063
0008	Local - Counties (ARP)	32,284	32,816
0009	Local - Nonentitlement Units (ARP)	9,546	9,984
0012	Administrative Expenses	16	28	4
0013	State Capital Projects		9,800
0014	Territories Capital Projects		100
0015	Tribal Government Capital Projects		100
0016	Local Assistance		750	750
0017	Tribal Consistency		250	250

0900	Total new obligations, unexpired accounts	242,949	118,095	1,004

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		119,101	1,006
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation [State Local Tribes etc.]	350,000
1200	Appropriation [Admin]	50
1200	Appropriation [Capital Projects]	10,000
1200	Appropriation [Local Assistance and Tribal Consistency]	2,000

1260	Appropriations, mandatory (total)	362,050
1930	Total budgetary resources available	362,050	119,101	1,006
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	119,101	1,006	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	534	23	8,441
3010	New obligations, unexpired accounts	242,949	118,095	1,004
3011	Obligations ("upward adjustments"), expired accounts	1
3020	Outlays (gross)	–243,460	–109,677	–3,523
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	23	8,441	5,922
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	534	23	8,441
3200	Obligated balance, end of year	23	8,441	5,922

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	362,050
	Outlays, gross:
4100	Outlays from new mandatory authority	242,944
4101	Outlays from mandatory balances	516	109,677	3,523

4110	Outlays, gross (total)	243,460	109,677	3,523
4180	Budget authority, net (total)	362,050
4190	Outlays, net (total)	243,460	109,677	3,523

The Coronavirus Aid, Relief, and Economic Security Act (P.L. 116–136) Section 5001, as amended by the Consolidated Appropriations Act, 2021 (P.L. 116–260) Section 1001, and the American Rescue Plan Act of 2021 (P.L. 117–2) Section 9901 (ARP) amended the Social Security Act (42 U.S.C. 301 et seq.) to authorize the Secretary of the Treasury to make payments to states, territories, tribal governments, and units of local government to assist with expenditures related to, as well as to mitigate the fiscal effects stemming from, the coronavirus pandemic.

In addition, the ARP established a Coronavirus Capital Projects Fund and a Local Assistance and Tribal Consistency Fund. The Coronavirus Capital Projects Fund provides payments to states, territories, and tribal governments to carry out critical capital projects, including broadband infrastructure, directly enabling work, education, and health monitoring, including remote options, in response to the coronavirus pandemic. The Local Assistance and Tribal Consistency Fund provides payments to eligible revenue sharing counties and eligible tribal governments for any governmental purpose other than lobbying activity.

Starting in 2023, obligations, outlays, and staffing associated with the administration of programs authorized by Sec. 9901 of the American Rescue Plan are reflected in the Economic Stabilization Program and the Air Carrier Worker Support accounts, consistent with Sec. 123 of the Treasury Administrative Provisions.


Identification code 020–1892–0–1–806		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	1	7
11.8	Special personal services payments	2

11.9	Total personnel compensation	3	7
12.1	Civilian personnel benefits		2
25.1	Advisory and assistance services	5	8	2
25.3	Other goods and services from Federal sources	8	10	2
41.0	Grants, subsidies, and contributions	242,933	118,066	1,000

99.0	Direct obligations	242,949	118,093	1,004
99.5	Adjustment for rounding		2

99.9	Total new obligations, unexpired accounts	242,949	118,095	1,004


Identification code 020–1892–0–1–806		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	7	61


Identification code 020–0150–0–1–604		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payments to Territories (CAA21)	400
0002	Payments to Tribes and Hawaiian Homeland (CAA21)	800	200
0003	Payments to States (CAA21)	23,785	5,054
0004	Administrative Costs	13	14	11
0005	States and Other Entities (ARP)	7,308	11,404
0006	Territories (ARP)	148	157
0007	Payments to High-need Grantees (ARP)	1,004	1,496

0900	Total new obligations, unexpired accounts	33,458	18,325	11

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		13,083	12
1012	Unobligated balance transfers between expired and unexpired accounts		5,254

1070	Unobligated balance (total)		18,337	12
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	46,550
1220	Appropriations transferred to other acct [020–0106]	–3

1260	Appropriations, mandatory (total)	46,547
1930	Total budgetary resources available	46,547	18,337	12
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–6
1941	Unexpired unobligated balance, end of year	13,083	12	1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		146	1
3010	New obligations, unexpired accounts	33,458	18,325	11
3020	Outlays (gross)	–33,312	–18,470	–10

3050	Unpaid obligations, end of year	146	1	2
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		146	1
3200	Obligated balance, end of year	146	1	2

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	46,547
	Outlays, gross:
4100	Outlays from new mandatory authority	33,312
4101	Outlays from mandatory balances		18,470	10

4110	Outlays, gross (total)	33,312	18,470	10
4180	Budget authority, net (total)	46,547
4190	Outlays, net (total)	33,312	18,470	10

The Consolidated Appropriations Act, 2021 (P.L. 116–260) Division N Section 501 established the Emergency Rental Assistance program to provide grants to states, territories, tribes, localities, and other eligible entities to provide financial assistance and housing stability services to eligible households. These services may include the payment of rent, rental arrears, and utilities and home energy costs for a specified period of time. The American Rescue Plan Act of 2021 (P.L. 117–2) Section 3201 provided for additional assistance and expanded housing stability services, in addition to allocating a subset of the funds specifically for high-need grantees in FY 2022 and FY 2023.

Starting in 2023, obligations and outlays associated with the administration of the Emergency Rental Assistance program are reflected in the Air Carrier Worker Support account, consistent with Sec. 123 of the Treasury Administrative Provisions.


Identification code 020–0150–0–1–604		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent		3	3
11.8	Special personal services payments	2

11.9	Total personnel compensation	2	3	3
12.1	Civilian personnel benefits		1	1
25.1	Advisory and assistance services	3	4	1
25.3	Other goods and services from Federal sources	8	6	6
41.0	Grants, subsidies, and contributions	33,445	18,311

99.9	Total new obligations, unexpired accounts	33,458	18,325	11


Identification code 020–0150–0–1–604		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	3	20	21


Identification code 020–0124–0–1–604		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payments to Territories	3	27
0002	Payments to Tribes	32	466
0003	Payments to States	931	8,460
0004	Administrative Costs	4	12	12

0900	Total new obligations, unexpired accounts	970	8,965	12

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		8,988	23
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	9,961
1220	Appropriations transferred to other acct [020–0106]	–3

1260	Appropriations, mandatory (total)	9,958
1930	Total budgetary resources available	9,958	8,988	23
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	8,988	23	11

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		2
3010	New obligations, unexpired accounts	970	8,965	12
3020	Outlays (gross)	–968	–8,967	–12

3050	Unpaid obligations, end of year	2
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		2
3200	Obligated balance, end of year	2

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	9,958
	Outlays, gross:
4100	Outlays from new mandatory authority	968
4101	Outlays from mandatory balances		8,967	12

4110	Outlays, gross (total)	968	8,967	12
4180	Budget authority, net (total)	9,958
4190	Outlays, net (total)	968	8,967	12

The American Rescue Plan Act of 2021 (P.L. 117–2) Section 3206 established the Homeowner Assistance Fund to mitigate financial hardships associated with the coronavirus pandemic by providing funds to states, territories, tribes, and other eligible entities in order to prevent homeowner mortgage delinquencies, defaults, foreclosures, loss of utilities or home energy services, displacements, and post-foreclosure evictions.


Identification code 020–0124–0–1–604		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		4	4
12.1	Civilian personnel benefits		1	1
25.1	Advisory and assistance services	1	3	3
25.3	Other goods and services from Federal sources	2	4	5
41.0	Grants, subsidies, and contributions	965	8,953

99.0	Direct obligations	968	8,965	13
99.5	Adjustment for rounding	2		–1

99.9	Total new obligations, unexpired accounts	970	8,965	12


Identification code 020–0124–0–1–604		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	2	27	26


Identification code 020–0142–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	SSBCI Program		7,800
0002	Secretary's Priorities		1,500
0003	Tribal Governments		500
0004	Administrative Expenses	6	23	27

0900	Total new obligations, unexpired accounts	6	9,823	27

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		9,994	171
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	10,000
1900	Budget authority (total)	10,000
1930	Total budgetary resources available	10,000	9,994	171
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	9,994	171	144

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1	5	6,900
3010	New obligations, unexpired accounts	6	9,823	27
3020	Outlays (gross)	–2	–2,928	–1,327

3050	Unpaid obligations, end of year	5	6,900	5,600
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1	5	6,900
3200	Obligated balance, end of year	5	6,900	5,600

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	10,000
	Outlays, gross:
4100	Outlays from new mandatory authority	2
4101	Outlays from mandatory balances		2,928	1,327

4110	Outlays, gross (total)	2	2,928	1,327
4180	Budget authority, net (total)	10,000
4190	Outlays, net (total)	2	2,928	1,327

The American Rescue Plan Act of 2021 (P.L. 117–2) Section 3301, amends the State Small Business Credit Initiative Act of 2010 (12 U.S.C. 4701 et seq.) and provides additional funding for the State Small Business Credit Initiative (SSBCI) that was originally established in the Small Business Jobs Act of 2010 (P.L. 111–240). SSBCI funds eligible state, territorial and tribal government programs through September 29, 2030, which provide support to investment and credit programs for small businesses, with particular emphasis on business enterprises owned and controlled by socially and economically disadvantaged individuals. Additionally, SSBCI funds technical assistance for small businesses applying for Federal and State support programs.


Identification code 020–0142–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		6	6
12.1	Civilian personnel benefits		2	2
25.1	Advisory and assistance services		10	13
25.3	Other goods and services from Federal sources	5	5	5
41.0	Grants, subsidies, and contributions		9,800

99.0	Direct obligations	5	9,823	26
99.5	Adjustment for rounding	1		1

99.9	Total new obligations, unexpired accounts	6	9,823	27


Identification code 020–0142–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	3	37	39

For necessary expenses of the Office of the Special Inspector General for Pandemic Recovery in carrying out section 4018 of the Coronavirus Aid, Relief, and Economic Security Act of 2020 (Public Law 116–136), in addition to amounts otherwise available for such purpose, $25,000,000, to remain available until September 30, 2025.


Identification code 020–1893–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Special Inspector General for Pandemic Recovery	11	13	25

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	24	13
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation			25
1900	Budget authority (total)			25
1930	Total budgetary resources available	24	13	25
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	13

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1	1	1
3010	New obligations, unexpired accounts	11	13	25
3020	Outlays (gross)	–11	–13	–23

3050	Unpaid obligations, end of year	1	1	3
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1	1	1
3200	Obligated balance, end of year	1	1	3

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross			25
	Outlays, gross:
4010	Outlays from new discretionary authority			23
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	11	13
4180	Budget authority, net (total)			25
4190	Outlays, net (total)	11	13	23

The Special Inspector General for Pandemic Recovery (SIGPR) was established by Section 4018 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

SIGPR has the duty to conduct, supervise, and coordinate audits, evaluations, and investigations of the making, purchase, management, and sale of loans, loan guarantees, and other investments made by the Secretary of the Treasury under programs established by the Secretary, as authorized by Section 4018(c) of the CARES Act, and the management by the Secretary of programs, as authorized by Section 4018(c) of the CARES Act.

By express incorporation, SIGPR also has the duties, responsibilities, powers, and authorities granted inspectors general under the Inspector General Act of 1978, including broad subpoena authority.

The role and mission of SIGPR is to safeguard the peoples' tax dollars appropriated by Congress through the CARES Act. SIGPR strives to ensure that the American taxpayer gets the best return on investment by efficiently rooting out fraud, waste, and abuse. In carrying out its mission, SIGPR's goal is to treat everyone with respect, to operate with the utmost integrity, and to be fair, objective, and independent.

The CARES Act provided an initial appropriation of $25 million to SIGPR derived from amounts made available under section 4027. The Budget proposes appropriations language to provide SIGPR $25 million in appropriated funds to carry out section 4018 of the CARES Act. This funding is critical in ensuring that SIGPR's audit and investigative services have the necessary resources to identify waste, fraud, and abuse, protect the integrity of CARES Act funds, and aid in the conviction of perpetrators of unlawful activity, while collecting renumeration for the U.S. Treasury.


Identification code 020–1893–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	6	8	12
12.1	Civilian personnel benefits	1	2	3
23.1	Rental payments to GSA	1	1	1
25.3	Other goods and services from Federal sources	4	2	6

99.0	Direct obligations	12	13	22
99.5	Adjustment for rounding	–1		3

99.9	Total new obligations, unexpired accounts	11	13	25


Identification code 020–1893–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	35	38	66

To carry out the Riegle Community Development and Regulatory Improvement Act of 1994 (subtitle A of title I of Public Law 103–325), including services authorized by section 3109 of title 5, United States Code, but at rates for individuals not to exceed the per diem rate equivalent to the rate for EX-III, $331,420,000. Of the amount appropriated under this heading—

(1) not less than $217,383,000, notwithstanding section 108(e) of Public Law 103–325 (12 U.S.C. 4707(e)) with regard to Small and/or Emerging Community Development Financial Institutions Assistance awards, is available until September 30, 2024, for financial assistance and technical assistance under subparagraphs (A) and (B) of section 108(a)(1), respectively, of Public Law 103–325 (12 U.S.C. 4707(a)(1)(A) and (B)), of which up to $1,600,000 may be available for training and outreach under section 109 of Public Law 103–325 (12 U.S.C. 4708), of which up to $3,153,750 may be used for the cost of direct loans, of which up to $6,000,000, notwithstanding subsection (d) of section 108 of Public Law 103–325 (12 U.S.C. 4707 (d)), may be available to provide financial assistance, technical assistance, training, and outreach to community development financial institutions to expand investments that benefit individuals with disabilities, and of which not less than $2,000,000 shall be for the Economic Mobility Corps to be operated in conjunction with the Corporation for National and Community Service, pursuant to 42 U.S.C. 12571: Provided, That the cost of direct and guaranteed loans, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize gross obligations for the principal amount of direct loans not to exceed $25,000,000: Provided further, That of the funds provided under this paragraph, excluding those made to community development financial institutions to expand investments that benefit individuals with disabilities and those made to community development financial institutions that serve populations living in persistent poverty counties, the CDFI Fund shall prioritize Financial Assistance awards to organizations that invest and lend in high-poverty areas: Provided further, That for purposes of this section, the term "high-poverty area" means any census tract with a poverty rate of at least 20 percent as measured by the 2011–2015 5-year data series available from the American Community Survey of the Bureau of the Census for all States and Puerto Rico or with a poverty rate of at least 20 percent as measured by the 2010 Island areas Decennial Census data for any territory or possession of the United States;

(2) not less than $21,500,000, notwithstanding section 108(e) of Public Law 103–325 (12 U.S.C. 4707(e)), is available until September 30, 2024, for financial assistance, technical assistance, training, and outreach programs designed to benefit Native American, Native Hawaiian, and Alaska Native communities and provided primarily through qualified community development lender organizations with experience and expertise in community development banking and lending in Indian country, Native American organizations, Tribes and Tribal organizations, and other suitable providers;

(3) not less than $26,000,000 is available until September 30, 2024, for the Bank Enterprise Award program;

(4) not less than $23,000,000, notwithstanding subsections (d) and (e) of section 108 of Public Law 103–325 (12 U.S.C. 4707(d) and (e)), is available until September 30,2024, for a Healthy Food Financing Initiative to provide financial assistance, technical assistance, training, and outreach to community development financial institutions for the purpose of offering affordable financing and technical assistance to expand the availability of healthy food options in distressed communities;

(5) not less than $8,500,000 is available until September 30, 2024, to provide grants for loan loss reserve funds and to provide technical assistance for small dollar loan programs under section 122 of Public Law 103–325 (12 U.S.C. 4719): Provided, That sections 108(d) and 122(b)(2) of such Public Law shall not apply to the provision of such grants and technical assistance;

(6) up to $35,037,000 is available until September 30, 2023, for administrative expenses, including administration of CDFI Fund programs and the New Markets Tax Credit Program, of which not less than $1,000,000 is for the development of tools to better assess and inform CDFI investment performance and CDFI Fund program impacts, and up to $300,000 is for administrative expenses to carry out the direct loan program; and

(7) during fiscal year 2023, none of the funds available under this heading are available for the cost, as defined in section 502 of the Congressional Budget Act of 1974, of commitments to guarantee bonds and notes under section 114A of the Riegle Community Development and Regulatory Improvement Act of 1994 (12 U.S.C. 4713a): Provided, That commitments to guarantee bonds and notes under such section 114A shall not exceed $500,000,000: Provided further, That such section 114A shall remain in effect until December 31, 2023: Provided further, That of the funds awarded under this heading, except those provided for the Economic Mobility Corps, not less than 10 percent shall be used for awards that support investments that serve populations living in persistent poverty counties: Provided further, That for the purposes of this paragraph and paragraph (1), the term "persistent poverty counties" means any county, including county equivalent areas in Puerto Rico, that has had 20 percent or more of its population living in poverty over the past 30 years, as measured by the 1990 and 2000 decennial censuses and the 2011–2015 5-year data series available from the American Community Survey of the Bureau of the Census or any other territory or possession of the United States that has had 20 percent or more of its population living in poverty over the past 30 years, as measured by the 1990, 2000 and 2010 Island Areas Decennial Censuses, or equivalent data, of the Bureau of the Census.


Identification code 020–1881–0–1–451		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0009	General Administrative Expenses	30	29	35
0012	Financial Assistance	22	312	215
0013	Small Dollar Loan Program	11	12	8
0014	Native American/Hawaiian Program	3	30	22
0015	Economic Mobility Corps	2	4	2
0026	Healthy Food Initiative		45	23
0028	Bank Enterprise Award		26	52
0050	No Year Account		3	1

0091	Direct program activities, subtotal	68	461	358
	Credit program obligations:
0701	Direct loan subsidy		3	2
0705	Reestimates of direct loan subsidy	1	1
0706	Interest on reestimates of direct loan subsidy	14	17

0791	Direct program activities, subtotal	15	21	2

0900	Total new obligations, unexpired accounts	83	482	360

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	14	218	28
1001	Discretionary unobligated balance brought fwd, Oct 1	12
1021	Recoveries of prior year unpaid obligations		1	1

1070	Unobligated balance (total)	14	219	29
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	270	270	331
	Appropriations, mandatory:
1200	Appropriation	16	18	1
	Spending authority from offsetting collections, discretionary:
1700	Collected		2
	Spending authority from offsetting collections, mandatory:
1800	Collected	1	1
1900	Budget authority (total)	287	291	332
1930	Total budgetary resources available	301	510	361
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	218	28	1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	267	75	284
3010	New obligations, unexpired accounts	83	482	360
3020	Outlays (gross)	–274	–272	–279
3040	Recoveries of prior year unpaid obligations, unexpired		–1	–1
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	75	284	364
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	267	75	284
3200	Obligated balance, end of year	75	284	364

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	270	272	331
	Outlays, gross:
4010	Outlays from new discretionary authority	21	25	27
4011	Outlays from discretionary balances	237	229	250

4020	Outlays, gross (total)	258	254	277
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4033	Non-Federal sources		–2

4040	Offsets against gross budget authority and outlays (total)		–2
	Mandatory:
4090	Budget authority, gross	17	19	1
	Outlays, gross:
4100	Outlays from new mandatory authority	16	18	1
4101	Outlays from mandatory balances			1

4110	Outlays, gross (total)	16	18	2
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–1	–1
4180	Budget authority, net (total)	286	288	332
4190	Outlays, net (total)	273	269	279

	Memorandum (non-add) entries:
5010	Total investments, SOY: non-Fed securities: Market value	16	47	47
5011	Total investments, EOY: non-Fed securities: Market value	47	47	47

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–1881–0–1–451		2021 actual	2022 est.	2023 est.

	Direct loan levels supportable by subsidy budget authority:
115001	Community Development Financial Institutions Prog Fin Assist.		25	25
115002	Bond Guarantee Program	100	500	500

115999	Total direct loan levels	100	525	525
	Direct loan subsidy (in percent):
132001	Community Development Financial Institutions Prog Fin Assist.	0.00	12.61	9.08
132002	Bond Guarantee Program	–4.62	0.00	0.00

132999	Weighted average subsidy rate	–4.62	0.60	0.43
	Direct loan subsidy budget authority:
133001	Community Development Financial Institutions Prog Fin Assist.		3	2
133002	Bond Guarantee Program	–5

133999	Total subsidy budget authority	–5	3	2
	Direct loan subsidy outlays:
134002	Bond Guarantee Program	–3

134999	Total subsidy outlays	–3
	Direct loan reestimates:
135001	Community Development Financial Institutions Prog Fin Assist.	2	–2
135002	Bond Guarantee Program	4	4

135999	Total direct loan reestimates	6	2

The Community Development Financial Institutions (CDFI) Fund promotes economic and community development through investment in and assistance to CDFIs (including community development banks, credit unions, loan funds, and venture capital funds) to expand the availability of financial services and affordable credit for underserved populations and communities. The 2023 Budget provides funding for the CDFI Program, the Healthy Food Financing Initiative, the Native American CDFI Assistance Program, the Bank Enterprise Award Program, the AmeriCorps CDFI Economic Mobility Corps, and the Small Dollar Loan Program.

The CDFI Fund's Bond Guarantee Program (BGP) was originally authorized in the Small Business Jobs Act of 2010 (P.L. 111–240) for a period of four years to provide a source of long-term capital in low-income and underserved communities. The Budget proposes an annual commitment authority of $500 million.


Identification code 020–1881–0–1–451		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	9	10	12
12.1	Civilian personnel benefits	3	4	4
25.1	Advisory and assistance services	5	2	4
25.3	Other goods and services from Federal sources	8	12	10
25.7	Operation and maintenance of equipment		3	4
31.0	Equipment	5	6	4
41.0	Grants, subsidies, and contributions	53	446	322

99.0	Direct obligations	83	483	360
99.5	Adjustment for rounding		–1

99.9	Total new obligations, unexpired accounts	83	482	360


Identification code 020–1881–0–1–451		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	67	82	89


Identification code 020–4088–0–3–451		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0710	Direct loan obligations	100	525	525
0713	Payment of interest to Treasury	3	3	3
0715	Payments of interest to FFB	34	34	40
0740	Negative subsidy obligations	5
0742	Downward reestimates paid to receipt accounts	9	16
0743	Interest on downward reestimates		1

0900	Total new obligations, unexpired accounts	151	579	568

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	2	2
1021	Recoveries of prior year unpaid obligations	27
1023	Unobligated balances applied to repay debt	–2	–2	–2
1024	Unobligated balance of borrowing authority withdrawn	–27
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	117	525	525
	Spending authority from offsetting collections, mandatory:
1800	Collected	95	105	103
1825	Spending authority from offsetting collections applied to repay debt	–59	–49	–58

1850	Spending auth from offsetting collections, mand (total)	36	56	45
1900	Budget authority (total)	153	581	570
1930	Total budgetary resources available	153	581	570
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	2	2	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	423	402	784
3010	New obligations, unexpired accounts	151	579	568
3020	Outlays (gross)	–145	–197	–290
3040	Recoveries of prior year unpaid obligations, unexpired	–27

3050	Unpaid obligations, end of year	402	784	1,062
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	423	402	784
3200	Obligated balance, end of year	402	784	1,062

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	153	581	570
	Financing disbursements:
4110	Outlays, gross (total)	145	197	290
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Federal sources	–16	–18
4122	Interest on uninvested funds	–3	–3	–3
4123	Non-Federal sources - Interest repayments	–76	–35	–42
4123	Non-Federal sources - Principal Repayments		–49	–58

4130	Offsets against gross budget authority and outlays (total)	–95	–105	–103

4160	Budget authority, net (mandatory)	58	476	467
4170	Outlays, net (mandatory)	50	92	187
4180	Budget authority, net (total)	58	476	467
4190	Outlays, net (total)	50	92	187


Identification code 020–4088–0–3–451		2021 actual	2022 est.	2023 est.

	Position with respect to appropriations act limitation on obligations:
1111	Direct loan obligations from current-year authority	100	525	525

1150	Total direct loan obligations	100	525	525

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	1,213	1,265	1,412
1231	Disbursements: Direct loan disbursements	95	197	290
1251	Repayments: Repayments and prepayments	–42	–49	–58
1263	Write-offs for default: Direct loans	–1	–1	–1

1290	Outstanding, end of year	1,265	1,412	1,643


Identification code 020–4088–0–3–451		2020 actual	2021 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	2	2
	Investments in U.S. securities:
1106	Receivables, net	19	20
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	1,213	1,265
1402	Interest receivable		1
1405	Allowance for subsidy cost (-)	35	40

1499	Net present value of assets related to direct loans	1,248	1,306
1801	Other Federal assets: Cash and other monetary assets

1999	Total assets	1,269	1,328
	LIABILITIES:
	Federal liabilities:
2103	Debt	1,257	1,308
2105	Other Liabilities without Related Budgetary Offset	12	20

2999	Total liabilities	1,269	1,328
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	1,269	1,328


Identification code 020–0160–0–1–451		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	CDFI Grants Economic Impact Rapid Response	1,248
0002	CDFI Grants Economic Impact Underserved Communities			1,739
0003	Administrative		3	3

0900	Total new obligations, unexpired accounts	1,248	3	1,742

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		1,750	1,747
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	3,000
1930	Total budgetary resources available	3,000	1,750	1,747
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–2
1941	Unexpired unobligated balance, end of year	1,750	1,747	5

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		163	33
3010	New obligations, unexpired accounts	1,248	3	1,742
3020	Outlays (gross)	–1,085	–133	–905

3050	Unpaid obligations, end of year	163	33	870
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		163	33
3200	Obligated balance, end of year	163	33	870

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	3,000
	Outlays, gross:
4100	Outlays from new mandatory authority	1,085
4101	Outlays from mandatory balances		133	905

4110	Outlays, gross (total)	1,085	133	905
4180	Budget authority, net (total)	3,000
4190	Outlays, net (total)	1,085	133	905

The Consolidated Appropriations Act, 2021 (P. L. 116–260) provided $3 billion to deliver immediate assistance to CDFIs in communities impacted by the COVID-19 pandemic. In the spring of 2021, the CDFI Fund awarded $1.25 billion of these funds through its newly established CDFI Rapid Response Program (CDFI RRP), which was designed to quickly deploy capital to CDFIs through a streamlined application and review process.

The CDFI Fund will begin the process of making $1.75 billion in grant funds available to CDFIs to expand their lending, grant making, or investment activity in low- or moderate-income minority communities and to minorities that have significant unmet capital or financial service needs.


Identification code 020–0160–0–1–451		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		1	1
12.1	Civilian personnel benefits		1	1
25.3	Other goods and services from Federal sources		1	1
41.0	Grants, subsidies, and contributions	1,248		1,739

99.9	Total new obligations, unexpired accounts	1,248	3	1,742


Identification code 020–0160–0–1–451		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	3	12	12


Identification code 020–0161–0–1–451		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Administrative Costs	24	36	15
0002	Preferred Stock Investments		4,816
0003	Debt Purchases		3,931

0900	Total new obligations, unexpired accounts	24	8,783	15

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		8,976	193
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	9,000
1930	Total budgetary resources available	9,000	8,976	193
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	8,976	193	178

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		19	18
3010	New obligations, unexpired accounts	24	8,783	15
3020	Outlays (gross)	–5	–8,784	–15

3050	Unpaid obligations, end of year	19	18	18
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		19	18
3200	Obligated balance, end of year	19	18	18

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	9,000
	Outlays, gross:
4100	Outlays from new mandatory authority	5
4101	Outlays from mandatory balances		8,784	15

4110	Outlays, gross (total)	5	8,784	15
4180	Budget authority, net (total)	9,000
4190	Outlays, net (total)	5	8,784	15

The Emergency Capital Investment Program (ECIP) invests in either perpetual preferred equity or subordinated debt (with a maturity of fifteen or thirty years) issued by financial institutions consistent with ECIP's terms. Institutions eligible to participate must be: 1) Community Development Financial Institutions or Minority Depository Institutions; 2) insured depository institutions, bank or savings and loan holding companies, or federally insured credit unions; and 3) supportive of low-and middle-income communities. Dividend yields or interest paid on ECIP securities decrease when institutions reach lending goals established at the time of their participation. Division N, Section 522 of the Consolidated Appropriations Act, 2021 (P.L. 116–260) established ECIP by amending the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4701 et seq.) and provided $9 billion for the program. Treasury issued an interim final rule for ECIP on March 9, 2021, and on March 22, 2021, the Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) jointly issued an interim final rule for securities issued under ECIP, providing that preferred stock issued qualifies as additional tier 1 capital and subordinated debt qualifies as tier 2 capital under the FRB/FDIC/OCC capital rule. The ECIP application period closed on September 1, 2021 and preliminary recipients were announced in December 2021.


Identification code 020–0161–0–1–451		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		3	3
12.1	Civilian personnel benefits		1	1
25.1	Advisory and assistance services	13	27	8
25.2	Other services from non-Federal sources	8
25.3	Other goods and services from Federal sources	2	4	3
41.0	Grants, subsidies, and contributions		8,747

99.0	Direct obligations	23	8,782	15
99.5	Adjustment for rounding	1	1

99.9	Total new obligations, unexpired accounts	24	8,783	15


Identification code 020–0161–0–1–451		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment		27	23


Identification code 020–1898–4–1–604		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Direct program activity			500

0900	Total new obligations, unexpired accounts (object class 41.0)			500

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation			5,000
1930	Total budgetary resources available			5,000
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year			4,500

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			500
3020	Outlays (gross)			–500

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			5,000
	Outlays, gross:
4100	Outlays from new mandatory authority			500
4180	Budget authority, net (total)			5,000
4190	Outlays, net (total)			500

The CDFI Affordable Housing Supply Fund expands lending in disadvantaged communities and increases the affordable housing supply. The 2023 Budget proposes $5 billion in long-term mandatory funding to support lending by eligible CDFIs to finance new construction and substantial rehabilitation that creates net new units of affordable rental and for sale housing.


Identification code 020–0128–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Office of Financial Stability (Direct)	36	38	34

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		1	1
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	41	38	34
1930	Total budgetary resources available	41	39	35
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–4
1941	Unexpired unobligated balance, end of year	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	30	19	24
3010	New obligations, unexpired accounts	36	38	34
3020	Outlays (gross)	–31	–33	–30
3041	Recoveries of prior year unpaid obligations, expired	–16

3050	Unpaid obligations, end of year	19	24	28
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	30	19	24
3200	Obligated balance, end of year	19	24	28

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	41	38	34
	Outlays, gross:
4100	Outlays from new mandatory authority	23	25	17
4101	Outlays from mandatory balances	8	8	13

4110	Outlays, gross (total)	31	33	30
4180	Budget authority, net (total)	41	38	34
4190	Outlays, net (total)	31	33	30

The Emergency Economic Stabilization Act of 2008 (EESA) (P.L. 110–343) authorized the establishment of the Troubled Asset Relief Program (TARP) and the Office of Financial Stability (OFS) to purchase and insure certain types of troubled assets for the purpose of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers. The Act gave the Secretary of the Treasury broad and flexible authority to purchase and insure mortgages and other troubled assets, as well as inject capital by taking limited equity positions, as needed to stabilize the financial markets. This account provides for the administrative costs of OFS, which oversees and manages TARP.


Identification code 020–0128–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	1	1	1
25.1	Advisory and assistance services	3	3	3
25.2	Other services from non-Federal sources	22	28	24
25.3	Other goods and services from Federal sources	5	5	5
41.0	Grants, subsidies, and contributions	4

99.0	Direct obligations	35	37	33
99.5	Adjustment for rounding	1	1	1

99.9	Total new obligations, unexpired accounts	36	38	34


Identification code 020–0128–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	10	10	8

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–0132–0–1–376		2021 actual	2022 est.	2023 est.

	Direct loan reestimates:
135001	Automotive Industry Financing Program		–3

135999	Total direct loan reestimates		–3

As authorized by the Emergency Economic Stabilization Act of 2008 (EESA) (P.L. 110–343) and required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with Troubled Asset Relief Program (TARP) direct loans obligated and loan guarantees including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year. The subsidy amounts are estimated on a present value basis using a risk-adjusted discount rate, as required by EESA.

The authority to make new financial commitments via TARP expired on October 3, 2010, under the terms of EESA. However, Treasury can continue to execute commitments entered into before October 3, 2010.


Identification code 020–4277–0–3–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0742	Downward reestimates paid to receipt accounts		2
0743	Interest on downward reestimates		1

0900	Total new obligations, unexpired accounts		3

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1		3
	Financing authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	3
1900	Budget authority (total)	3
1930	Total budgetary resources available	3	3
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	3

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			3
3010	New obligations, unexpired accounts		3

3050	Unpaid obligations, end of year		3	3
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			3
3200	Obligated balance, end of year		3	3

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	3
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4123	Principal	–3
4180	Budget authority, net (total)
4190	Outlays, net (total)	–3

As authorized by the Emergency Economic Stabilization Act of 2008 (P.L. 110–343) and required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and from the Government resulting from direct loans obligated in 2008 and beyond including modifications of direct loans that resulted from obligations in any year. The amounts in this account are a means of financing and are not included in the budget totals.


Identification code 020–4277–0–3–376		2020 actual	2021 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	13	3
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross
1401	Direct loans receivable, gross
1405	Allowance for subsidy cost (-)
1405	Allowance for subsidy cost (-)

1499	Net present value of assets related to direct loans

1999	Total assets	13	3
	LIABILITIES:
	Federal liabilities:
2104	Resources payable to Treasury	13
2105	Other		3

2999	Total upward reestimate subsidy BA [20–0132]	13	3
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	13	3


Identification code 020–0134–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0705	Reestimates of direct loan subsidy	2	4
0706	Interest on reestimates of direct loan subsidy	3	8

0900	Total new obligations, unexpired accounts (object class 41.0)	5	12

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	5	12
1930	Total budgetary resources available	5	12

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	5	12
3020	Outlays (gross)	–5	–12

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	5	12
	Outlays, gross:
4100	Outlays from new mandatory authority	5	12
4180	Budget authority, net (total)	5	12
4190	Outlays, net (total)	5	12

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–0134–0–1–376		2021 actual	2022 est.	2023 est.

	Direct loan reestimates:
135001	Capital Purchase Program	–3	12
135006	Community Development Capital Initiative	5

135999	Total direct loan reestimates	2	12

As authorized by the Emergency Economic Stabilization Act of 2008 (EESA) (P.L. 110–343) and required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with TARP equity purchase obligations (including modifications of equity purchases that resulted from obligations in any year). The subsidy amounts are estimated on a present value basis using a risk-adjusted discount rate, as required by EESA.


Identification code 020–4278–0–3–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury	1	1
0742	Downward reestimates paid to receipt accounts	1
0743	Interest on downward reestimates	2

0900	Total new obligations, unexpired accounts	4	1

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	4	1	13
1023	Unobligated balances applied to repay debt	–3		–1

1070	Unobligated balance (total)	1	1	12
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	3
	Spending authority from offsetting collections, mandatory:
1800	Collected	6	13	1
1825	Spending authority from offsetting collections applied to repay debt	–5

1850	Spending auth from offsetting collections, mand (total)	1	13	1
1900	Budget authority (total)	4	13	1
1930	Total budgetary resources available	5	14	13
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1	13	13

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			1
3010	New obligations, unexpired accounts	4	1
3020	Outlays (gross)	–4

3050	Unpaid obligations, end of year		1	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			1
3200	Obligated balance, end of year		1	1

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	4	13	1
	Financing disbursements:
4110	Outlays, gross (total)	4
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4120	Federal sources	–5	–13
4123	Dividends	–1
4123	Redemption			–1

4130	Offsets against gross budget authority and outlays (total)	–6	–13	–1

4160	Budget authority, net (mandatory)	–2
4170	Outlays, net (mandatory)	–2	–13	–1
4180	Budget authority, net (total)	–2
4190	Outlays, net (total)	–2	–13	–1


Identification code 020–4278–0–3–376		2021 actual	2022 est.	2023 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	23	13	13
1251	Repayments: Repayments and prepayments	–1		–1
1263	Write-offs for default: Direct loans	–4
1264	Other adjustments, net (+ or -)	–5

1290	Outstanding, end of year	13	13	12

As authorized by the Emergency Economic Stabilization Act of 2008 (P.L. 110–343) and required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and from the Government resulting from equity purchases obligated in 2008 and beyond including modifications of equity purchases that resulted from obligations in any year. The amounts in this account are a means of financing and are not included in the budget totals.


Identification code 020–4278–0–3–376		2020 actual	2021 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	4	1
	Investments in U.S. securities:
1106	Receivables, net		12
	Non-Federal assets:
1201	Investments in non-Federal securities, net
1206	Receivables, net	2
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	23	13
1405	Allowance for subsidy cost (-)	–7	–9
1405	Allowance for subsidy cost (-)

1499	Net present value of assets related to direct loans	16	4

1999	Total assets	22	17
	LIABILITIES:
	Federal liabilities:
2103	Debt	22	17
2105	Other

2999	Total liabilities	22	17
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	22	17


Identification code 020–0136–0–1–604		2021 actual	2022 est.	2023 est.

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	91	91	91
1031	Other balances not available	–114
1033	Recoveries of prior year paid obligations	114

1070	Unobligated balance (total)	91	91	91
1930	Total budgetary resources available	91	91	91
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	91	91	91

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,693	1,214	706
3020	Outlays (gross)	–479	–508	–456

3050	Unpaid obligations, end of year	1,214	706	250
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,693	1,214	706
3200	Obligated balance, end of year	1,214	706	250

	Budget authority and outlays, net:
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	479	508	456
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–114
	Additional offsets against gross budget authority only:
4143	Recoveries of prior year paid obligations, unexpired accounts	114
4170	Outlays, net (mandatory)	365	508	456
4180	Budget authority, net (total)
4190	Outlays, net (total)	365	508	456

	Memorandum (non-add) entries:
5103	Unexpired unavailable balance, SOY: Fulfilled purpose	13,069	13,183	12,509
5104	Unexpired unavailable balance, EOY: Fulfilled purpose	13,183	12,509	12,509

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–0136–0–1–604		2021 actual	2022 est.	2023 est.

	Guaranteed loan reestimates:
235001	FHA Refi Letter of Credit	–1	–1

Treasury's Home Affordable Modification Program (HAMP) offered mortgage modifications to homeowners at risk of foreclosure under the authority of sections 101 and 109 of the Emergency Economic Stabilization Act of 2008, as amended (EESA) (P.L. 110–343). HAMP closed to new applications on December 30, 2016, but incentive payments continue to be made on modifications entered into on or before December 1, 2017. Additionally, the Hardest Hit Fund has allocated $9.6 billion under EESA to State housing finance agencies in 18 States and the District of Columbia for foreclosure prevention programs. Funds under EESA also support a Federal Housing Administration (FHA) refinance program that helps homeowners refinance into a new FHA-insured loan if their existing mortgage holders agree to write down principal.


Identification code 020–4329–0–3–371		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0742	Downward reestimates paid to receipt accounts	1	1

0900	Total new obligations, unexpired accounts	1	1

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	1
1930	Total budgetary resources available	2	1
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			1
3010	New obligations, unexpired accounts	1	1
3020	Outlays (gross)	–1

3050	Unpaid obligations, end of year		1	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			1
3200	Obligated balance, end of year		1	1

	Financing authority and disbursements, net:
	Mandatory:
	Financing disbursements:
4110	Outlays, gross (total)	1
4180	Budget authority, net (total)
4190	Outlays, net (total)	1


Identification code 020–4329–0–3–371		2021 actual	2022 est.	2023 est.

	Position with respect to appropriations act limitation on commitments:
2111	Guaranteed loan commitments from current-year authority

2150	Total guaranteed loan commitments

	Cumulative balance of guaranteed loans outstanding:
2210	Outstanding, start of year	135	111	111
2251	Repayments and prepayments	–23
2263	Adjustments: Terminations for default that result in claim payments	–1

2290	Outstanding, end of year	111	111	111

	Memorandum:
2299	Guaranteed amount of guaranteed loans outstanding, end of year	55	45	45


Identification code 020–4329–0–3–371		2020 actual	2021 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	3	1

1999	Total assets	3	1
	LIABILITIES:
	Federal liabilities:
2104	Resources payable to Treasury	2
2105	Other		1
2204	Non-Federal liabilities: Liabilities for loan guarantees	1

2999	Total liabilities	3	1
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	3	1

For necessary expenses of the Office of the Special Inspector General in carrying out the provisions of the Emergency Economic Stabilization Act of 2008 (Public Law 110–343), $9,000,000.


Identification code 020–0133–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Special Inspector General for the Troubled Asset Relief Program (Direct)	21	19	17

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	15	13	13
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	19	19	9
1900	Budget authority (total)	19	19	9
1930	Total budgetary resources available	34	32	22
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	13	13	5

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	4	4	3
3010	New obligations, unexpired accounts	21	19	17
3011	Obligations ("upward adjustments"), expired accounts	1
3020	Outlays (gross)	–21	–20	–19
3041	Recoveries of prior year unpaid obligations, expired	–1

3050	Unpaid obligations, end of year	4	3	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	4	4	3
3200	Obligated balance, end of year	4	3	1

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	19	19	9
	Outlays, gross:
4010	Outlays from new discretionary authority	18	15	7
4011	Outlays from discretionary balances	1	5	12

4020	Outlays, gross (total)	19	20	19
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	2
4180	Budget authority, net (total)	19	19	9
4190	Outlays, net (total)	21	20	19

The mission of the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) is to prevent and detect fraud, waste, and abuse in the more than $442 billion in funds and programs from the Emergency Economic Stabilization Act of 2008 (EESA) (P.L. 110–343) and $2 billion in funds from the Consolidated Appropriations Act of 2016, and to promote economy, efficiency, effectiveness, and accountability in these economic stability programs. SIGTARP received an initial appropriation of $50 million in permanent, indefinite budget authority in EESA. The Public-Private Investment Program Improvement and Oversight Act of 2009 (12 U.S.C. 5231a) provided $15 million in supplemental funding. Since 2010, SIGTARP has received annual appropriations to fund its operations. The FY 2023 Budget requests $9 million, a reduction of 47 percent from the FY 2022 level of $17 million.


Identification code 020–0133–0–1–376		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	8	8	4
11.3	Other than full-time permanent	3	3	2
11.5	Other personnel compensation	1	2	1

11.9	Total personnel compensation	12	13	7
12.1	Civilian personnel benefits	3	2	2
23.1	Rental payments to GSA	1	1	1
25.3	Other goods and services from Federal sources	6	3	7

99.0	Direct obligations	22	19	17
99.5	Adjustment for rounding	–1

99.9	Total new obligations, unexpired accounts	21	19	17


Identification code 020–0133–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	70	68	45


Identification code 020–0141–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0709	Administrative expenses	2	2	2

0900	Total new obligations, unexpired accounts	2	2	2

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	2	2	2
1930	Total budgetary resources available	2	2	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	8	9	6
3010	New obligations, unexpired accounts	2	2	2
3020	Outlays (gross)	–1	–5	–4

3050	Unpaid obligations, end of year	9	6	4
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	8	9	6
3200	Obligated balance, end of year	9	6	4

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	2	2	2
	Outlays, gross:
4100	Outlays from new mandatory authority	1	2	2
4101	Outlays from mandatory balances		3	2

4110	Outlays, gross (total)	1	5	4
4180	Budget authority, net (total)	2	2	2
4190	Outlays, net (total)	1	5	4

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–0141–0–1–376		2021 actual	2022 est.	2023 est.

	Direct loan reestimates:
135001	Small Business Lending Fund Investments	–1	–5

	Administrative expense data:
3510	Budget authority	2	2	2
3580	Outlays from balances		3	2
3590	Outlays from new authority	1	2	2

The Small Business Lending Fund (SBLF) was established by the Small Business Jobs Act of 2010 (P.L. 111–240) and is a dedicated investment fund that encourages lending to small businesses by providing capital to qualified community banks and community development loan funds (CDLFs). In total, the SBLF provided $4.0 billion to 281 community banks and 51 CDLFs in 2011. As of December 1, 2021, 327 institutions with aggregate investments of $3.95 billion have fully redeemed their SBLF investments and exited the program. For institutions that still participate in the program, CDLF securities matured by 2021. As of September 30, 2021, only one CDLF security remained outstanding, to a CDLF in bankruptcy. Community bank participants were generally expected to end their participation in 2021, although because Treasury holds perpetual preferred shares in these banks, they are not required to redeem. As of September 30, 2021, two operating bank participants remained in the program and have yet to decide when to purchase their outstanding perpetual preferred shares from Treasury. A third participant that has remained outstanding is in bankruptcy.


Identification code 020–0141–0–1–376		2021 actual	2022 est.	2023 est.

25.3	Direct obligations: Other goods and services from Federal sources	1	1	1

99.0	Direct obligations	1	1	1
99.5	Adjustment for rounding	1	1	1

99.9	Total new obligations, unexpired accounts	2	2	2


Identification code 020–0141–0–1–376		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	2	2	2


Identification code 020–4349–0–3–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury	1	1
0742	Downward reestimates paid to receipt accounts	1	4
0743	Interest on downward reestimates		1

0900	Total new obligations, unexpired accounts	2	6

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	2	3
1023	Unobligated balances applied to repay debt	–2	–2

1070	Unobligated balance (total)			3
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	1	1
	Spending authority from offsetting collections, mandatory:
1800	Collected	15	8	6
1825	Spending authority from offsetting collections applied to repay debt	–12

1850	Spending auth from offsetting collections, mand (total)	3	8	6
1900	Budget authority (total)	4	9	6
1930	Total budgetary resources available	4	9	9
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	2	3	9

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			6
3010	New obligations, unexpired accounts	2	6
3020	Outlays (gross)	–2

3050	Unpaid obligations, end of year		6	6
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			6
3200	Obligated balance, end of year		6	6

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	4	9	6
	Financing disbursements:
4110	Outlays, gross (total)	2
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4123	Non-Federal sources - Principal	–11	–5	–4
4123	Non-Federal sources - Dividends	–4	–3	–2

4130	Offsets against gross budget authority and outlays (total)	–15	–8	–6

4160	Budget authority, net (mandatory)	–11	1
4170	Outlays, net (mandatory)	–13	–8	–6
4180	Budget authority, net (total)	–11	1
4190	Outlays, net (total)	–13	–8	–6


Identification code 020–4349–0–3–376		2021 actual	2022 est.	2023 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	81	70	65
1251	Repayments: Repayments and prepayments	–11	–5	–4

1290	Outstanding, end of year	70	65	61


Identification code 020–4349–0–3–376		2020 actual	2021 actual

	ASSETS:
	Federal assets:
1101	Fund balances with Treasury	2	3
	Investments in U.S. securities:
1106	Receivables, net
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	81	70
1405	Allowance for subsidy cost (-)	–36	–39

1499	Net present value of assets related to direct loans	45	31

1999	Total assets	47	34
	LIABILITIES:
2103	Federal liabilities: Debt	47	34
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	47	34


Identification code 020–0146–0–1–506		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Administrative Costs	1	2	2
0002	Social Impact Demonstration Projects	8	39	37

0900	Total new obligations, unexpired accounts	9	41	39

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	97	88	47
1930	Total budgetary resources available	97	88	47
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	88	47	8

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		8	41
3010	New obligations, unexpired accounts	9	41	39
3020	Outlays (gross)	–1	–8	–13

3050	Unpaid obligations, end of year	8	41	67
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		8	41
3200	Obligated balance, end of year	8	41	67

	Budget authority and outlays, net:
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	1	8	13
4180	Budget authority, net (total)
4190	Outlays, net (total)	1	8	13

The Social Impact Partnerships to Pay for Results Act (SIPPRA) was included as part of the Bipartisan Budget Act of 2018 (P.L. 115–123). SIPPRA created a ten-year $100 million fund to support social impact partnership projects by State and local governments to support new and innovative ways to solve entrenched social problems. The program funds social programs at the State or local level that achieve demonstrable, measurable, and scalable results, by making payment of funds contingent on positive outcomes.


Identification code 020–0146–0–1–506		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent		1	1
25.1	Advisory and assistance services		1	11
41.0	Grants, subsidies, and contributions	8	39	27

99.0	Direct obligations	8	41	39
99.5	Adjustment for rounding	1

99.9	Total new obligations, unexpired accounts	9	41	39


Identification code 020–0146–0–1–506		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	1	5	5


Identification code 020–0125–0–1–371		2021 actual	2022 est.	2023 est.

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	254,051	254,051	254,051
1930	Total budgetary resources available	254,051	254,051	254,051
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	254,051	254,051	254,051
4180	Budget authority, net (total)
4190	Outlays, net (total)

In 2008, under temporary authority granted by section 1117 of the Housing and Economic Recovery Act of 2008 (P.L. 110–289), Treasury entered into agreements with Fannie Mae and Freddie Mac (the GSEs) to purchase senior preferred stock of each GSE and to provide up to $100 billion when needed to ensure that each company maintains a positive net worth. In May 2009, Treasury increased the Senior Preferred Stock Purchase Agreement (PSPA) funding commitment caps to $200 billion for each GSE, and in December 2009 Treasury modified the funding commitment caps in the PSPAs to be the greater of $200 billion or $200 billion plus cumulative net worth deficits experienced during 2010–2012, less any surplus remaining as of December 31, 2012. Based on the financial results reported by each GSE as of December 31, 2012, and under the terms of the PSPAs, the combined cumulative funding commitment cap for Fannie Mae and Freddie Mac was set at $445.5 billion. Treasury's authority to purchase obligations or other securities of the GSEs or to increase the funding commitment expired on December 31, 2009. Under the PSPAs, Treasury has maintained the solvency of the GSEs by providing $191.5 billion of investment to the GSEs. For additional discussion of the GSEs, please see the Analytical Perspectives volume of the Budget.


Identification code 020–0126–0–1–371		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0010	Financial Agent Services	1	1	1

0900	Total new obligations, unexpired accounts (object class 25.2)	1	1	1

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1221	Appropriations transferred from other acct [020–1802]	1	1	1
1930	Total budgetary resources available	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1	1	1
3020	Outlays (gross)	–1	–1	–1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1	1	1
	Outlays, gross:
4100	Outlays from new mandatory authority	1	1	1
4180	Budget authority, net (total)	1	1	1
4190	Outlays, net (total)	1	1	1

Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)


Identification code 020–0126–0–1–371		2021 actual	2022 est.	2023 est.

	Direct loan reestimates:
135002	New Issue Bond Program SF	–122	–90
135003	New Issue Bond Program MF	–51	–50

135999	Total direct loan reestimates	–173	–140

The authority for the three programs displayed in this account: Fannie Mae and Freddie Mac's mortgage-backed securities purchase program, which purchased and then liquidated mortgage backed securities; the Temporary Credit and Liquidity Program, which provided liquidity to State housing financing agencies (HFAs); and the New Issue Bond Program, which purchased securities backed by new HFA housing bonds was provided in section 1117 of the Housing and Economic Recovery Act of 2008 (P.L. 110–289). As required by the Federal Credit Reform Act of 1990 as amended, this account records the subsidy costs associated with these programs, which are treated as direct loans for budget execution. The subsidy amounts are estimated on a present value basis.


Identification code 020–4298–0–3–371		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
	Credit program obligations:
0713	Payment of interest to Treasury	79	61	61
0742	Downward reestimates paid to receipt accounts	114	88
0743	Interest on downward reestimates	59	52

0900	Total new obligations, unexpired accounts	252	201	61

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	137	54
1023	Unobligated balances applied to repay debt	–137

1070	Unobligated balance (total)		54
	Financing authority:
	Borrowing authority, mandatory:
1400	Borrowing authority	173	147	57
	Spending authority from offsetting collections, mandatory:
1800	Collected	1,196	85	83
1825	Spending authority from offsetting collections applied to repay debt	–1,063	–85	–21

1850	Spending auth from offsetting collections, mand (total)	133		62
1900	Budget authority (total)	306	147	119
1930	Total budgetary resources available	306	201	119
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	54		58

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			51
3010	New obligations, unexpired accounts	252	201	61
3020	Outlays (gross)	–252	–150	–61

3050	Unpaid obligations, end of year		51	51
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			51
3200	Obligated balance, end of year		51	51

	Financing authority and disbursements, net:
	Mandatory:
4090	Budget authority, gross	306	147	119
	Financing disbursements:
4110	Outlays, gross (total)	252	150	61
	Offsets against gross financing authority and disbursements:
	Offsetting collections (collected) from:
4122	Interest on uninvested funds	–12	–4	–4
4123	Non-Federal sources - Interest	–61	–45	–44
4123	Non-Federal sources - Principal	–1,123	–36	–35

4130	Offsets against gross budget authority and outlays (total)	–1,196	–85	–83

4160	Budget authority, net (mandatory)	–890	62	36
4170	Outlays, net (mandatory)	–944	65	–22
4180	Budget authority, net (total)	–890	62	36
4190	Outlays, net (total)	–944	65	–22


Identification code 020–4298–0–3–371		2021 actual	2022 est.	2023 est.

	Cumulative balance of direct loans outstanding:
1210	Outstanding, start of year	2,789	1,667	1,630
1251	Repayments: Repayments and prepayments	–1,122	–37	–35

1290	Outstanding, end of year	1,667	1,630	1,595


Identification code 020–4298–0–3–371		2020 actual	2021 actual

	ASSETS:
1101	Federal assets: Fund balances with Treasury	137	54
	Net value of assets related to post-1991 direct loans receivable:
1401	Direct loans receivable, gross	2,789	1,667
1405	Allowance for subsidy cost (-)	–396	–249

1499	Net present value of assets related to direct loans	2,393	1,418

1999	Total assets	2,530	1,472
	LIABILITIES:
	Federal liabilities:
2103	Debt	2,357	1,331
2105	Other	173	141

2999	Total liabilities	2,530	1,472
	NET POSITION:
3300	Cumulative results of operations

4999	Total liabilities and net position	2,530	1,472

Trust Funds


Identification code 020–8524–0–7–451		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	10	22	21
	Receipts:
	Current law:
1130	Affordable Housing Allocation, Capital Magnet Fund	383	367	212

2000	Total: Balances and receipts	393	389	233
	Appropriations:
	Current law:
2101	Capital Magnet Fund, Community Development Financial Institutions	–383	–367	–212
2103	Capital Magnet Fund, Community Development Financial Institutions	–10	–22	–21
2132	Capital Magnet Fund, Community Development Financial Institutions	22	21	12

2199	Total current law appropriations	–371	–368	–221

2999	Total appropriations	–371	–368	–221

5099	Balance, end of year	22	21	12


Identification code 020–8524–0–7–451		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	CDFI Allocations	175	380	364
0002	CMF Administration	2	3	3

0900	Total new obligations, unexpired accounts	177	383	367

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	173	367	352
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	383	367	212
1203	Appropriation (previously unavailable)(special or trust)	10	22	21
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–22	–21	–12

1260	Appropriations, mandatory (total)	371	368	221
1930	Total budgetary resources available	544	735	573
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	367	352	206

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	8	13	74
3010	New obligations, unexpired accounts	177	383	367
3020	Outlays (gross)	–172	–322	–353

3050	Unpaid obligations, end of year	13	74	88
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	8	13	74
3200	Obligated balance, end of year	13	74	88

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	371	368	221
	Outlays, gross:
4100	Outlays from new mandatory authority	167
4101	Outlays from mandatory balances	5	322	353

4110	Outlays, gross (total)	172	322	353
4180	Budget authority, net (total)	371	368	221
4190	Outlays, net (total)	172	322	353

Established by the Housing and Economic Recovery Act of 2008 (HERA) (P.L. 110–289), the Capital Magnet Fund (CMF) awards grants to CDFIs and qualified non-profit housing organizations to finance affordable housing activities, as well as related economic development activities and community service facilities. Organizations that receive Capital Magnet Fund awards are required to produce housing and community development investments at least ten times the size of the award amount. Funding is provided by the Government-Sponsored Enterprises, Fannie Mae and Freddie Mac, which are required to set aside an amount equal to 4.2 basis points of each dollar of the unpaid principal balance of their total new business purchases and to allocate and transfer those funds to CMF and the Housing Trust Fund.


Identification code 020–8524–0–7–451		2021 actual	2022 est.	2023 est.

	Direct obligations:
11.1	Personnel compensation: Full-time permanent	1	1	2
31.0	Equipment	1	2	1
41.0	Grants, subsidies, and contributions	175	380	364

99.9	Total new obligations, unexpired accounts	177	383	367


Identification code 020–8524–0–7–451		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	4	6	9


Identification code 020–8790–0–7–803		2021 actual	2022 est.	2023 est.

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	2	2	2
1930	Total budgetary resources available	2	2	2
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	2	2	2
4180	Budget authority, net (total)
4190	Outlays, net (total)

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	1	1	1
5001	Total investments, EOY: Federal securities: Par value	1	1	1

This account was established pursuant to 31 U.S.C. 321 to receive gifts and bequests to the Department. These funds support the restoration of the Treasury building and historical collection of art, furniture, and artifacts owned by the Department. The fund is also used as an endowment for Treasury's restored rooms.

Federal Funds

For necessary expenses of the Financial Crimes Enforcement Network, including hire of passenger motor vehicles; travel and training expenses of non-Federal and foreign government personnel to attend meetings and training concerned with domestic and foreign financial intelligence activities, law enforcement, and financial regulation; services authorized by 5 U.S.C. 3109; not to exceed $45,000 for official reception and representation expenses; and for assistance to Federal law enforcement agencies, with or without reimbursement, $210,330,000, of which not to exceed $94,600,000 shall remain available until September 30, 2025 for information technology and to implement Division F of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (Public Law 116–283).


Identification code 020–0173–0–1–751		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	BSA administration and Analysis	143	167	216
0801	Reimbursable program activity	2	4	4

0900	Total new obligations, unexpired accounts	145	171	220

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	29	20	3
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	127	127	210
	Spending authority from offsetting collections, discretionary:
1700	Collected	1	27	10
1701	Change in uncollected payments, Federal sources	8

1750	Spending auth from offsetting collections, disc (total)	9	27	10
1900	Budget authority (total)	136	154	220
1930	Total budgetary resources available	165	174	223
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	20	3	3

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	58	62	81
3010	New obligations, unexpired accounts	145	171	220
3020	Outlays (gross)	–138	–152	–143
3041	Recoveries of prior year unpaid obligations, expired	–3

3050	Unpaid obligations, end of year	62	81	158
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–1	–8	–8
3070	Change in uncollected pymts, Fed sources, unexpired	–8
3071	Change in uncollected pymts, Fed sources, expired	1

3090	Uncollected pymts, Fed sources, end of year	–8	–8	–8
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	57	54	73
3200	Obligated balance, end of year	54	73	150

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	136	154	220
	Outlays, gross:
4010	Outlays from new discretionary authority	78	104	101
4011	Outlays from discretionary balances	60	48	42

4020	Outlays, gross (total)	138	152	143
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–2	–27	–10
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–8
4052	Offsetting collections credited to expired accounts	1

4060	Additional offsets against budget authority only (total)	–7

4070	Budget authority, net (discretionary)	127	127	210
4080	Outlays, net (discretionary)	136	125	133
4180	Budget authority, net (total)	127	127	210
4190	Outlays, net (total)	136	125	133

The Federal Crimes Enforcement Network (FinCEN) is the primary Federal regulator for the Bank Secrecy Act (BSA) and is responsible for the regulations and implementation of the non-public database of ownership and/or effective control of firms (i.e. beneficial ownership) pursuant to the Corporate Transparency Act (CTA). In this role, FinCEN safeguards the financial system from illicit use, combats money laundering, and promotes national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence. FinCEN carries out its mission by: 1) developing and issuing regulations under the BSA; 2) enforcing compliance with the BSA in partnership with regulatory partners and law enforcement, including responsibilities under the Anti-Money Laundering Act; 3) receiving and maintaining certain types of beneficial ownership and financial transaction data; 4) analyzing and disseminating financial intelligence for law enforcement purposes; and 5) serving as the U.S. Financial Intelligence Unit (FIU) and maintaining a network of information sharing with over 150 FIU partner countries.


Identification code 020–0173–0–1–751		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	37	41	66
11.5	Other personnel compensation	1	1	1

11.9	Total personnel compensation	38	42	67
12.1	Civilian personnel benefits	12	14	22
21.0	Travel and transportation of persons	1		1
23.1	Rental payments to GSA	5	4	4
23.2	Rental payments to others			1
23.3	Communications, utilities, and miscellaneous charges	3	3	3
25.1	Advisory and assistance services	2	4	8
25.2	Other services from non-Federal sources	54	74	68
25.3	Other goods and services from Federal sources	12	14	21
25.7	Operation and maintenance of equipment	8	9	9
26.0	Supplies and materials			2
31.0	Equipment	8	4	10

99.0	Direct obligations	143	168	216
99.0	Reimbursable obligations	2	4	4
99.5	Adjustment for rounding		–1

99.9	Total new obligations, unexpired accounts	145	171	220


Identification code 020–0173–0–1–751		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	269	285	420
2001	Reimbursable civilian full-time equivalent employment	2	3	3

Federal Funds

For necessary expenses of operations of the Bureau of the Fiscal Service, $372,485,000; of which not to exceed $8,000,000, to remain available until September 30, 2025, is for information systems modernization initiatives; and of which $5,000 shall be available for official reception and representation expenses.

In addition, $165,000, to be derived from the Oil Spill Liability Trust Fund to reimburse administrative and personnel expenses for financial management of the Fund, as authorized by section 1012 of Public Law 101–380.


Identification code 020–0520–0–1–803		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	3
0198	Reconciliation adjustment	–3

0199	Balance, start of year

2000	Total: Balances and receipts

5099	Balance, end of year


Identification code 020–0520–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Collections	41	44	48
0005	Accounting and Reporting	97	97	98
0006	Payments	145	144	132
0007	Retail Securities Services	62	66	68
0009	Wholesale Securities Services	24	25	26
0010	Matured Unreedeemed Debt	5	26	19

0799	Total direct obligations	374	402	391
0801	Salaries and Expenses (Reimbursable)	225	209	185

0900	Total new obligations, unexpired accounts	599	611	576

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	121	74	43
1001	Discretionary unobligated balance brought fwd, Oct 1	121
1010	Unobligated balance transfer to other accts [020–5445]	–49
1012	Unobligated balance transfers between expired and unexpired accounts	1
1021	Recoveries of prior year unpaid obligations	1
1033	Recoveries of prior year paid obligations	3

1070	Unobligated balance (total)	77	74	43
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	371	371	372
	Appropriations, mandatory:
1200	Appropriation-American Rescue Plan	23
	Spending authority from offsetting collections, discretionary:
1700	Collected	228	209	185
1701	Change in uncollected payments, Federal sources	–25

1750	Spending auth from offsetting collections, disc (total)	203	209	185
1900	Budget authority (total)	597	580	557
1930	Total budgetary resources available	674	654	600
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–1
1941	Unexpired unobligated balance, end of year	74	43	24

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	65	69	83
3010	New obligations, unexpired accounts	599	611	576
3011	Obligations ("upward adjustments"), expired accounts	3
3020	Outlays (gross)	–592	–597	–569
3040	Recoveries of prior year unpaid obligations, unexpired	–1
3041	Recoveries of prior year unpaid obligations, expired	–5

3050	Unpaid obligations, end of year	69	83	90
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–43	–10	–10
3070	Change in uncollected pymts, Fed sources, unexpired	25
3071	Change in uncollected pymts, Fed sources, expired	8

3090	Uncollected pymts, Fed sources, end of year	–10	–10	–10
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	22	59	73
3200	Obligated balance, end of year	59	73	80

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	574	580	557
	Outlays, gross:
4010	Outlays from new discretionary authority	520	519	495
4011	Outlays from discretionary balances	69	74	74

4020	Outlays, gross (total)	589	593	569
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–239	–209	–185

4040	Offsets against gross budget authority and outlays (total)	–239	–209	–185
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	25
4052	Offsetting collections credited to expired accounts	8
4053	Recoveries of prior year paid obligations, unexpired accounts	3

4060	Additional offsets against budget authority only (total)	36

4070	Budget authority, net (discretionary)	371	371	372
4080	Outlays, net (discretionary)	350	384	384
	Mandatory:
4090	Budget authority, gross	23
	Outlays, gross:
4100	Outlays from new mandatory authority	2
4101	Outlays from mandatory balances	1	4

4110	Outlays, gross (total)	3	4
4180	Budget authority, net (total)	394	371	372
4190	Outlays, net (total)	353	388	384

The mission of the Fiscal Service is to promote the financial integrity and operational efficiency of the U.S. Government through exceptional accounting, financing, collections, payments, and shared services. The Fiscal Service engages in efforts to streamline the Government's audit processes, and to reduce intra-governmental accounting differences that stand in the way of a clean audit opinion on the Financial Report of the U.S. Government.

The Budget ensures the viability of the Government's National Financial Critical Infrastructure (NFCI) that finances Federal operations, collects revenue, disburses payments, and reports on the Government's financial position. Included in the Budget are resources to improve the accuracy and availability of financial information, implement new, innovative financial practices, strengthen the resiliency of our infrastructure, and enhance the customer value and experience. Because of Fiscal Service's central role in Government-wide financial operations, the Budget supports Treasury's leadership in transforming Federal financial management to become more efficient, more accurate and deliver better service to citizens.


Identification code 020–0520–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	157	158	165
11.5	Other personnel compensation	7	5	5

11.9	Total personnel compensation	164	163	170
12.1	Civilian personnel benefits	60	64	67
21.0	Travel and transportation of persons		1	1
23.1	Rental payments to GSA	21	22	24
23.3	Communications, utilities, and miscellaneous charges	9	11	12
25.1	Advisory and assistance services	25	14	14
25.2	Other services from non-Federal sources	23	44	35
25.3	Other goods and services from Federal sources	48	65	61
25.4	Operation and maintenance of facilities	2	2	2
25.7	Operation and maintenance of equipment	4	3	3
26.0	Supplies and materials	7	11	2
31.0	Equipment	10	2
32.0	Land and structures	1

99.0	Direct obligations	374	402	391
99.0	Reimbursable obligations	225	209	185

99.9	Total new obligations, unexpired accounts	599	611	576


Identification code 020–0520–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	1,590	1,559	1,561
2001	Reimbursable civilian full-time equivalent employment	15	9	9


Identification code 020–5445–0–2–803		2021 actual	2022 est.	2023 est.

0100	Balance, start of year		1	1
0198	Reconciliation adjustment	2

0199	Balance, start of year	2	1	1
	Receipts:
	Current law:
1130	Non Federal Fee, Debt Collection Fund	121	153	163
1140	Federal Fee, Debt Collection Fund	27	34	36

1199	Total current law receipts	148	187	199
	Proposed:
1230	Non Federal Fee, Debt Collection Fund			22

1999	Total receipts	148	187	221

2000	Total: Balances and receipts	150	188	222
	Appropriations:
	Current law:
2101	Debt Collection Fund	–148	–187	–199
2103	Debt Collection Fund	–2	–1	–1
2132	Debt Collection Fund	1	1	1

2199	Total current law appropriations	–149	–187	–199
	Proposed:
2201	Debt Collection Fund			–22

2999	Total appropriations	–149	–187	–221

5099	Balance, end of year	1	1	1


Identification code 020–5445–0–2–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Direct program activity	166	187	199

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	101	146	146
1011	Unobligated balance transfer from other acct [020–0520]	49
1012	Unobligated balance transfers between expired and unexpired accounts	10
1021	Recoveries of prior year unpaid obligations	3

1070	Unobligated balance (total)	163	146	146
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	148	187	199
1203	Appropriation (previously unavailable)(special or trust)	2	1	1
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–1	–1	–1

1260	Appropriations, mandatory (total)	149	187	199
1930	Total budgetary resources available	312	333	345
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	146	146	146
	Special and non-revolving trust funds:
1952	Expired unobligated balance, start of year	10

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	18	11	11
3010	New obligations, unexpired accounts	166	187	199
3020	Outlays (gross)	–170	–187	–192
3040	Recoveries of prior year unpaid obligations, unexpired	–3

3050	Unpaid obligations, end of year	11	11	18
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	18	11	11
3200	Obligated balance, end of year	11	11	18

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	149	187	199
	Outlays, gross:
4100	Outlays from new mandatory authority		68	73
4101	Outlays from mandatory balances	170	119	119

4110	Outlays, gross (total)	170	187	192
4180	Budget authority, net (total)	149	187	199
4190	Outlays, net (total)	170	187	192


		2021 actual	2022 est.	2023 est.

Enacted/requested:
	Budget Authority	149	187	199
	Outlays	170	187	192
Legislative proposal, subject to PAYGO:
	Budget Authority			22
	Outlays			22
Total:
	Budget Authority	149	187	221
	Outlays	170	187	214

The Debt Collection Fund was authorized in the Debt Collection Improvement Act of 1996 to hold debt collection fee revenue available to cover costs associated with the implementation and operation for such activities, including centralized debt collections services Government-wide, managing the Government's delinquent debt portfolio, and collecting delinquent debts owed to the United States. Delinquent debts are collected in several ways, including offsetting Federal payments, sending demand letters to debtors, entering into payment agreements, withholding wages administratively, referring debts to the Department of Justice for action, reporting credit to bureaus, and contracting for services of private collection agencies.


Identification code 020–5445–0–2–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	33	32	36
11.5	Other personnel compensation	1	1	1

11.9	Total personnel compensation	34	33	37
12.1	Civilian personnel benefits	13	12	13
21.0	Travel and transportation of persons			1
23.1	Rental payments to GSA	4	4	4
23.3	Communications, utilities, and miscellaneous charges	2	4	5
25.1	Advisory and assistance services	29	38	44
25.2	Other services from non-Federal sources	3	3	3
25.3	Other goods and services from Federal sources	79	92	91
25.7	Operation and maintenance of equipment	1	1	1
31.0	Equipment	1

99.9	Total new obligations, unexpired accounts	166	187	199


Identification code 020–5445–0–2–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	332	307	335


Identification code 020–5445–4–2–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Direct program activity			22

0900	Total new obligations, unexpired accounts (object class 25.3)			22

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)			22
1930	Total budgetary resources available			22

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			22
3020	Outlays (gross)			–22

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			22
	Outlays, gross:
4100	Outlays from new mandatory authority			22
4180	Budget authority, net (total)			22
4190	Outlays, net (total)			22

The Budget proposes legislation to allow Fiscal Service to recover its costs of collecting delinquent tax debt directly from levy collections, rather than from IRS direct appropriation. This would reduce administrative and overhead costs for both Fiscal Service and the IRS.


Identification code 020–0562–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Reimbursements to Federal Reserve Banks (Direct)	158	183	188

0900	Total new obligations, unexpired accounts (object class 25.2)	158	183	188

	Budgetary resources:
	Unobligated balance:
1021	Recoveries of prior year unpaid obligations	1
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	157	183	188
1930	Total budgetary resources available	158	183	188

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	41	46	47
3010	New obligations, unexpired accounts	158	183	188
3020	Outlays (gross)	–152	–182	–187
3040	Recoveries of prior year unpaid obligations, unexpired	–1

3050	Unpaid obligations, end of year	46	47	48
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	41	46	47
3200	Obligated balance, end of year	46	47	48

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	157	183	188
	Outlays, gross:
4100	Outlays from new mandatory authority	111	137	141
4101	Outlays from mandatory balances	41	45	46

4110	Outlays, gross (total)	152	182	187
4180	Budget authority, net (total)	157	183	188
4190	Outlays, net (total)	152	182	187

This Fund was established by the Treasury, Postal Service, and General Government Appropriations Act of 1991 (P.L. 101–509, 104 Stat. 1389, 1394) as a permanent, indefinite appropriation to reimburse the Federal Reserve Banks for acting as fiscal agents of the Federal Government in support of financing the public debt.


Identification code 020–1851–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment to the Resolution Funding Corporation (Direct)	1,367	920	920

0900	Total new obligations, unexpired accounts (object class 41.0)	1,367	920	920

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	1,367	920	920
1930	Total budgetary resources available	1,367	920	920

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1,367	920	920
3020	Outlays (gross)	–1,367	–920	–920

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1,367	920	920
	Outlays, gross:
4100	Outlays from new mandatory authority	1,367	920	920
4180	Budget authority, net (total)	1,367	920	920
4190	Outlays, net (total)	1,367	920	920

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (the Act) authorized and appropriated to the Secretary of the Treasury such sums as may be necessary to cover interest payments on obligations issued by the Resolution Funding Corporation (REFCORP). REFCORP was established under the Act to raise $31.2 billion for the Resolution Trust Corporation (RTC) in order to resolve savings institution insolvencies. Bonds issued had a 30 year maturity with the last bond maturing in 2030.

Sources of payment for interest due on REFCORP obligations have included REFCORP investment income, proceeds from the sale of assets or warrants acquired by the RTC, and contributions by the Federal Home Loan Banks. Indefinite, mandatory funds appropriated to the Treasury are primarily used to meet any shortfall.


Identification code 020–5581–0–2–371		2021 actual	2022 est.	2023 est.

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	86	86	86
1930	Total budgetary resources available	86	86	86
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	86	86	86
4180	Budget authority, net (total)
4190	Outlays, net (total)

The HOPE Reserve Fund was authorized by section 1337(e) of the Housing and Economic Recovery Act of 2008 (HERA, P.L. 110–289), which directed the account be funded from assessments on Fannie Mae and Freddie Mac.


Identification code 020–1884–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Federal Reserve Bank services	681	665	685

0900	Total new obligations, unexpired accounts (object class 25.2)	681	665	685

	Budgetary resources:
	Unobligated balance:
1021	Recoveries of prior year unpaid obligations	61
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	620	665	685
1930	Total budgetary resources available	681	665	685

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	161	185	171
3010	New obligations, unexpired accounts	681	665	685
3020	Outlays (gross)	–596	–679	–685
3040	Recoveries of prior year unpaid obligations, unexpired	–61

3050	Unpaid obligations, end of year	185	171	171
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	161	185	171
3200	Obligated balance, end of year	185	171	171

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	620	665	685
	Outlays, gross:
4100	Outlays from new mandatory authority	435	499	514
4101	Outlays from mandatory balances	161	180	171

4110	Outlays, gross (total)	596	679	685
4180	Budget authority, net (total)	620	665	685
4190	Outlays, net (total)	596	679	685

This Fund was established by the Treasury and General Government Appropriations Act, 1998, Title I (P.L. 105–61, 111 Stat. 1276) as a permanent, indefinite appropriation to reimburse Federal Reserve Banks for services provided, when directed by the Secretary of the Treasury in accordance with 12 U.S.C. 391, in their capacity as depositaries and fiscal agents for the United States.


Identification code 020–1710–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment of Government Losses in Shipment (Direct)		2	2

0900	Total new obligations, unexpired accounts (object class 42.0)		2	2

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		2	2
1930	Total budgetary resources available		2	2

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1			1
3010	New obligations, unexpired accounts		2	2
3020	Outlays (gross)		–1	–1

3050	Unpaid obligations, end of year		1	2
	Memorandum (non-add) entries:
3100	Obligated balance, start of year			1
3200	Obligated balance, end of year		1	2

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross		2	2
	Outlays, gross:
4100	Outlays from new mandatory authority		1	1
4180	Budget authority, net (total)		2	2
4190	Outlays, net (total)		1	1

This account was created as self-insurance to cover losses in shipment of Government property such as coins, currency, securities, certain losses incurred by the Postal Service, and losses in connection with the redemption of savings bonds. Approximately 1,000 claims are paid annually.


Identification code 020–1802–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Financial agent services	940	1,015	1,011

0900	Total new obligations, unexpired accounts (object class 25.2)	940	1,015	1,011

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1			15
1021	Recoveries of prior year unpaid obligations	31	15

1070	Unobligated balance (total)	31	15	15
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	910	1,016	1,012
1220	Appropriations transferred to other accts [020–0126]	–1	–1	–1

1260	Appropriations, mandatory (total)	909	1,015	1,011
1930	Total budgetary resources available	940	1,030	1,026
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year		15	15

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	103	81	76
3010	New obligations, unexpired accounts	940	1,015	1,011
3020	Outlays (gross)	–931	–1,005	–1,011
3040	Recoveries of prior year unpaid obligations, unexpired	–31	–15

3050	Unpaid obligations, end of year	81	76	76
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	103	81	76
3200	Obligated balance, end of year	81	76	76

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	909	1,015	1,011
	Outlays, gross:
4100	Outlays from new mandatory authority	828	924	920
4101	Outlays from mandatory balances	103	81	91

4110	Outlays, gross (total)	931	1,005	1,011
4180	Budget authority, net (total)	909	1,015	1,011
4190	Outlays, net (total)	931	1,005	1,011

This permanent, indefinite appropriation was established to reimburse financial institutions for the services they provide as depositaries and financial agents of the Federal Government. The services include the acceptance and processing of deposits of public money, as well as services essential to the disbursement of, and accounting for, public monies. The services provided are authorized under numerous statutes including, but not limited to, 12 U.S.C. 90 and 265. This permanent, indefinite appropriation is authorized by P.L. 108–100, the Check Clearing for the 21st Century Act, and permanently appropriated by P.L. 108–199, the Consolidated Appropriations Act of 2004. Additionally, financial agent administrative and financial analysis costs for the Government Sponsored Enterprise Mortgage Backed Securities Purchase Program and State Housing Finance Agency program are reimbursed from this account.


Identification code 020–1860–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Interest of uninvested funds	2	9	9

0900	Total new obligations, unexpired accounts (object class 43.0)	2	9	9

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	2	9	9
1930	Total budgetary resources available	2	9	9

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	98	93	62
3010	New obligations, unexpired accounts	2	9	9
3020	Outlays (gross)	–7	–40	–40

3050	Unpaid obligations, end of year	93	62	31
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	98	93	62
3200	Obligated balance, end of year	93	62	31

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	2	9	9
	Outlays, gross:
4100	Outlays from new mandatory authority		9	9
4101	Outlays from mandatory balances	7	31	31

4110	Outlays, gross (total)	7	40	40
4180	Budget authority, net (total)	2	9	9
4190	Outlays, net (total)	7	40	40

This account was established for the purpose of paying interest on certain uninvested funds placed in trust in the Treasury in accordance with various statutes (31 U.S.C. 1321; 2 U.S.C. 158 (P.L. 94–289); 20 U.S.C. 74a (P.L. 94–418) and 101; 24 U.S.C. 46 (P.L. 94–290) and 69 Stat. 533).


Identification code 020–1877–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Federal interest liabilities to States	1	1	1

0900	Total new obligations, unexpired accounts (object class 25.2)	1	1	1

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		1	1
	Spending authority from offsetting collections, mandatory:
1800	Collected	1
1900	Budget authority (total)	1	1	1
1930	Total budgetary resources available	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1	1	1
3020	Outlays (gross)	–1	–1	–1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1	1	1
	Outlays, gross:
4100	Outlays from new mandatory authority	1	1	1
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4120	Federal sources:	–1
4180	Budget authority, net (total)		1	1
4190	Outlays, net (total)		1	1

Pursuant to the Cash Management Improvement Act (P.L. 101–453, 104 Stat. 1058) as amended (P.L. 102–589, 106 Stat. 5133), and Treasury regulations codified at 31 CFR Part 205, under certain circumstances, interest is paid when Federal funds are not transferred to States in a timely manner.


Identification code 020–1880–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Interest paid to credit financing accounts	12,762	10,813	13,320

0900	Total new obligations, unexpired accounts (object class 43.0)	12,762	10,813	13,320

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	12,762	10,813	13,320
1930	Total budgetary resources available	12,762	10,813	13,320

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	12,762	10,813	13,320
3020	Outlays (gross)	–12,762	–10,813	–13,320

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	12,762	10,813	13,320
	Outlays, gross:
4100	Outlays from new mandatory authority	12,762	10,813	13,320
4180	Budget authority, net (total)	12,762	10,813	13,320
4190	Outlays, net (total)	12,762	10,813	13,320

This account pays interest on the invested balances of guaranteed and direct loan financing accounts. For guaranteed loan financing accounts, balances result when the accounts receive up-front payments and fees to be held in reserve to make payments on defaults. Direct loan financing accounts normally borrow from Treasury to disburse loans and receive interest and principal payments and other payments from borrowers. Because direct loan financing accounts generally repay borrowing from Treasury at the end of the year, they can build up balances of payments received during the year. Interest on invested balances is paid to the financing accounts from the general fund of the Treasury, in accordance with section 505(c) of the Federal Credit Reform Act of 1990.


Identification code 020–1895–0–1–808		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Claims for damages	2	13	2
0003	Claims for contract disputes	223	240	240

0091	Total claims adjudicated administratively	225	253	242
0101	Judgments, Court of Claims	7,435	1,000	1,300
0102	Judgments, U.S. courts	820	1,205	1,205

0191	Total court judgments	8,255	2,205	2,505

0900	Total new obligations, unexpired accounts (object class 42.0)	8,480	2,458	2,747

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	8,480	2,458	2,747
1930	Total budgetary resources available	8,480	2,458	2,747

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	25	315
3010	New obligations, unexpired accounts	8,480	2,458	2,747
3020	Outlays (gross)	–8,190	–2,773	–2,747

3050	Unpaid obligations, end of year	315
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	25	315
3200	Obligated balance, end of year	315

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	8,480	2,458	2,747
	Outlays, gross:
4100	Outlays from new mandatory authority	8,165	2,458	2,747
4101	Outlays from mandatory balances	25	315

4110	Outlays, gross (total)	8,190	2,773	2,747
4180	Budget authority, net (total)	8,480	2,458	2,747
4190	Outlays, net (total)	8,190	2,773	2,747

Funds are made available for cases in which the Federal Government is found by courts to be liable for payment of claims and interest for damages not chargeable to appropriations of individual agencies, and for payment of private and public relief acts. Public Law 95–26 authorized a permanent, indefinite appropriation to pay certain judgments from the general fund of the Treasury.


Identification code 020–1875–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Restitution of Forgone Interest (Direct)		1,135

0900	Total new obligations, unexpired accounts (object class 43.0)		1,135

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		1,135
1930	Total budgetary resources available		1,135

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts		1,135
3020	Outlays (gross)		–1,135

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross		1,135
	Outlays, gross:
4100	Outlays from new mandatory authority		1,135
4180	Budget authority, net (total)		1,135
4190	Outlays, net (total)		1,135

This account provides funds for the payment of interest on investments in Treasury securities that the Secretary of the Treasury has suspended or redeemed. The Secretary is permitted to take such action when Treasury is constrained by the statutory debt limit and must take extraordinary measures to avoid defaulting. Treasury is required to restore all due interest and principal to the respective investments.


Identification code 020–5680–0–2–806		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Direct program activity	7	2	2

0900	Total new obligations, unexpired accounts (object class 42.0)	7	2	2

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	15	10	8
1020	Adjustment of unobligated bal brought forward, Oct 1	2

1070	Unobligated balance (total)	17	10	8
1930	Total budgetary resources available	17	10	8
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	10	8	6

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1		3	3
3010	New obligations, unexpired accounts	7	2	2
3020	Outlays (gross)	–4	–2	–2

3050	Unpaid obligations, end of year	3	3	3
	Memorandum (non-add) entries:
3100	Obligated balance, start of year		3	3
3200	Obligated balance, end of year	3	3	3

	Budget authority and outlays, net:
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	4	2	2
4180	Budget authority, net (total)
4190	Outlays, net (total)	4	2	2

This fund was established by the Guam World War II Loyalty Recognition Act of 2016. It requires the establishment of the "Claims Fund", a special fund for the payment of claims submitted by compensable Guam victims and survivors of compensable Guam decedents. Duties, taxes, and fees collected from Guam in excess of 2014 baseline tax collections for the territory will be deposited annually into the Claims Fund. Funding will be used to compensate residents of Guam for damages resulting from the Imperial Japanese military's occupation of Guam during World War II.


Identification code 020–5688–0–2–376		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	3
	Receipts:
	Current law:
1110	Antidumping and Countervailing Duties, Continued Dumping and Subsidy Offset	1	10	9

2000	Total: Balances and receipts	4	10	9
	Appropriations:
	Current law:
2101	Continued Dumping and Subsidy Offset	–1	–10	–9
2103	Continued Dumping and Subsidy Offset	–3	–1	–1
2132	Continued Dumping and Subsidy Offset		1	1

2199	Total current law appropriations	–4	–10	–9

2999	Total appropriations	–4	–10	–9

5099	Balance, end of year


Identification code 020–5688–0–2–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Continued dumping and subsidy offset	58	1	10

0900	Total new obligations, unexpired accounts (object class 41.0)	58	1	10

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	158	104	113
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	1	10	9
1203	Appropriation (previously unavailable)(special or trust)	3	1	1
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced		–1	–1

1260	Appropriations, mandatory (total)	4	10	9
1930	Total budgetary resources available	162	114	122
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	104	113	112

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	58	1	10
3020	Outlays (gross)	–58	–1	–10

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	4	10	9
	Outlays, gross:
4101	Outlays from mandatory balances	58	1	10
4180	Budget authority, net (total)	4	10	9
4190	Outlays, net (total)	58	1	10

U.S. Customs and Border Protection, Department of Homeland Security, collects duties assessed pursuant to a countervailing duty order, an antidumping duty order, or a finding under the Antidumping Act of 1921. Under a provision enacted in 2000 CBP, through the Treasury, distributes certain of these duties to affected domestic producers. These distributions provide an additional subsidy to producers that already gain protection from the increased import prices, including tariffs. The authority to distribute assessments on entries made after October 1, 2007, has been repealed. Assessments on entries made before October 1, 2007, will be disbursed as if the authority had not been repealed. Assessments collected on eligible entries are to be disbursed within 60 days of the end of the fiscal year in which they were collected.


Identification code 020–4109–0–3–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0801	Check Forgery Insurance Fund (Reimbursable)	22	1	1

0900	Total new obligations, unexpired accounts (object class 42.0)	22	1	1

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	5	4	4
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	21	1	1
1900	Budget authority (total)	21	1	1
1930	Total budgetary resources available	26	5	5
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	4	4	4

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	22	1	1
3020	Outlays (gross)	–22	–1	–1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	21	1	1
	Outlays, gross:
4100	Outlays from new mandatory authority	17	1	1
4101	Outlays from mandatory balances	5

4110	Outlays, gross (total)	22	1	1
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–21	–1	–1
4180	Budget authority, net (total)
4190	Outlays, net (total)	1

This Fund was established as a permanent, indefinite appropriation in order to maintain adequate funding of the Check Forgery Insurance Fund. The Fund facilitates timely payments for replacement Treasury checks necessitated due to a claim of forgery. The Fund recoups disbursements through reclamations made against banks negotiating forged checks.

To reduce hardships sustained by payees of Government checks that have been stolen and forged, settlement is made in advance of the receipt of funds from the endorsers of the checks. If the U.S. Treasury is unable to recover funds through reclamation procedures, the Fund sustains the loss.

Public Law 108–447 expanded the use of the Fund to include payments made via electronic funds transfer. A technical correction to the Fund's statutes to ensure and clarify that the Fund can be utilized as a funding source for relief of administrative disbursing errors was enacted by P.L. 110–161, Division D, section 119.

Trust Funds


Identification code 020–8209–0–7–306		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	60	60	60
	Receipts:
	Current law:
1140	Earnings on Investments, Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund	1	1	1

2000	Total: Balances and receipts	61	61	61
	Appropriations:
	Current law:
2101	Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund	–1	–1	–1

5099	Balance, end of year	60	60	60


Identification code 020–8209–0–7–306		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restorat (Direct)	1	1	1

0900	Total new obligations, unexpired accounts (object class 43.0)	1	1	1

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	1	1	1
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	1	1	1
1930	Total budgetary resources available	2	2	2
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1	1	1

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1	1	1
3020	Outlays (gross)	–1	–1

3050	Unpaid obligations, end of year			1
	Memorandum (non-add) entries:
3200	Obligated balance, end of year			1

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1	1	1
	Outlays, gross:
4101	Outlays from mandatory balances	1	1
4180	Budget authority, net (total)	1	1	1
4190	Outlays, net (total)	1	1

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	61	61	61
5001	Total investments, EOY: Federal securities: Par value	61	61	61

The Water Resources Development Act of 1999 (P.L. 106–53) established trust funds to provide resources for the restoration of terrestrial wildlife habitat lost from flooding related to the Big Bend and Oahe Dam projects along the Missouri River, as part of the Flood Control Act of 1944.

The funds received annual General Fund appropriations beginning in FY 1999 until they became fully capitalized in FY 2010. Once fully capitalized, the interest earnings accumulated from the inception of the funds and all future earnings are available to pay for terrestrial wildlife restoration projects per the Restoration Plans of the beneficiaries of the trusts, the Cheyenne River Sioux Tribe Terrestrial Wildlife Restoration Trust Fund and the Lower Brule Sioux Tribe Terrestrial Wildlife Restoration Trust Fund.


Identification code 020–8625–0–7–452		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	20	17	29
	Receipts:
	Current law:
1110	Administrative and Civil Penalties, Gulf Coast Restoration Trust Fund	303	304	303
1140	Earnings on Investments, Gulf Coast Restoration Trust Fund	11	16	17

1199	Total current law receipts	314	320	320

1999	Total receipts	314	320	320

2000	Total: Balances and receipts	334	337	349
	Appropriations:
	Current law:
2101	Gulf Coast Restoration Trust Fund	–315	–308	–309
2103	Gulf Coast Restoration Trust Fund	–20	–18	–18
2132	Gulf Coast Restoration Trust Fund	18	18	18

2199	Total current law appropriations	–317	–308	–309

2999	Total appropriations	–317	–308	–309

5099	Balance, end of year	17	29	40


Identification code 020–8625–0–7–452		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Direct Component	40	66	65
0002	Comprehensive Plan Component	150	48	57
0003	Oil Spill Restoration Impact Component	127	49	75
0004	NOAA RESTORE Act Science Program	6	6	8
0005	Centers of Excellence Research Grants		3	3

0900	Total new obligations, unexpired accounts	323	172	208

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	1,080	1,075	1,218
1021	Recoveries of prior year unpaid obligations	1	7

1070	Unobligated balance (total)	1,081	1,082	1,218
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	315	308	309
1203	Appropriation (previously unavailable)(special or trust)	20	18	18
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–18	–18	–18

1260	Appropriations, mandatory (total)	317	308	309
1900	Budget authority (total)	317	308	309
1930	Total budgetary resources available	1,398	1,390	1,527
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1,075	1,218	1,319

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	570	748	727
3010	New obligations, unexpired accounts	323	172	208
3020	Outlays (gross)	–144	–186	–231
3040	Recoveries of prior year unpaid obligations, unexpired	–1	–7

3050	Unpaid obligations, end of year	748	727	704
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	570	748	727
3200	Obligated balance, end of year	748	727	704

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	317	308	309
	Outlays, gross:
4101	Outlays from mandatory balances	144	186	231
4180	Budget authority, net (total)	317	308	309
4190	Outlays, net (total)	144	186	231

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	1,681	1,843	1,965
5001	Total investments, EOY: Federal securities: Par value	1,843	1,965	2,043

This fund was established by the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act). It will receive 80 percent of the civil and administrative penalties collected after July 6, 2012, from parties responsible for the Deepwater Horizon oil spill. Funding will be used by Federal, State, and local governments for activities to restore and protect the ecosystems and economy of the Gulf Coast region, research and monitoring, and related oversight and management responsibilities. The current estimates represent known settlement amounts; additional funds may become available through future court judgments or settlements.


Identification code 020–8625–0–7–452		2021 actual	2022 est.	2023 est.

	Direct obligations:
41.0	Grants, subsidies, and contributions	46	68	68
94.0	Financial transfers	277	104	140

99.9	Total new obligations, unexpired accounts	323	172	208

Federal Funds


Identification code 020–4521–0–4–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0801	Administrative Expenses	10	12	13
0802	Interest on borrowings from Treasury	1,810	2,045	2,168
0803	Interest on borrowings from CRSDF	192	157	123

0900	Total new obligations, unexpired accounts	2,012	2,214	2,304

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	3,760	3,654	3,880
1023	Unobligated balances applied to repay debt	–1,209	–1,208	–1,208
1046	Adjustment for change in net principal	911	1,088	515

1070	Unobligated balance (total)	3,462	3,534	3,187
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	2,204	2,560	2,595
1930	Total budgetary resources available	5,666	6,094	5,782
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	3,654	3,880	3,478

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	2,012	2,214	2,304
3020	Outlays (gross)	–2,012	–2,214	–2,304

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	2,204	2,560	2,595
	Outlays, gross:
4100	Outlays from new mandatory authority	2,012	2,214	2,304
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4120	Federal sources	–2,204	–2,560	–2,595
4180	Budget authority, net (total)
4190	Outlays, net (total)	–192	–346	–291

The Federal Financing Bank (FFB) was created in 1973 to reduce the costs of certain Federal and federally-assisted borrowing and to ensure the coordination of such borrowing from the public in a manner least disruptive to private financial markets and institutions. With the implementation of the Federal Credit Reform Act of 1990 agencies finance such loan programs through direct loan financing accounts that borrow directly from the Treasury. The FFB finances these Federal direct loans to the public which are fully guaranteed by a Federal agency. FFB loans are also used to finance activities of the U.S. Postal Service.

Lending by the FFB may take one of three forms, depending on the authorizing statutes pertaining to a particular agency or program; 1) the FFB may purchase agency financial assets; 2) the FFB may acquire debt securities that the agency is otherwise authorized to issue and 3) the FFB may provide direct loans on behalf of a Federal agency by disbursing loans directly to private borrowers and receiving repayments from the private borrower guaranteed by the agency. Because the law requires that transactions by the FFB be treated as a means of financing agency obligations, the budgetary effect of the third type of transaction is reflected in the Budget in the following sequence: a loan by the FFB to the agency, a loan by the agency to a private borrower, a repayment by a private borrower to the agency, and a repayment by the agency to the FFB.

In 2021, FFB's net inflows were $59 million. In addition to its authority to borrow from the Treasury (Fiscal Service), the FFB has the statutory authority to borrow up to $15 billion from other sources. Any such borrowing is exempt from the statutory ceiling on Federal debt. The FFB used this authority most recently in October 2015.

The following tables show (1) the annual net lending by the FFB by agency and program and the amount outstanding at the end of each year and (2) principal repayments from the borrower in excess of principal repaid to the Fiscal Service each year.


	2021 actual	2022 est.	2023 est.

A. Department of Agriculture:
1. Rural Utilities Service:
Lending, net	2,089	4,525	5,134
Loans outstanding	48,742	53,267	58,401
B. Department of Education:
1. Historically black colleges and universities:
Lending, net	–1,341	183	218
Loans outstanding	160	343	561
C. Department of Energy:
1. Title 17 innovative technology loans:
Lending, net	754	183	218
Loans outstanding	15,175	15,358	15,576
2. Advanced technology vehicles manufacturing loans:
Lending, net	–591	–39	4,192
Loans outstanding	437	397	4,589
D. Department of Housing and Urban Development:
1. Multifamily Risk Share Program:
Lending, net	266	–97	–104
Loans outstanding	2,630	2,533	2,429
E. Department of Transportation:
1. MARAD Title XI:
Lending, net	–14	.......	–14
Loans outstanding	312	312	298
F. Department of the Treasury:
1. CDFI Fund Bond Guarantee Program:
Lending, net	53	124	211
Loans outstanding	1,208	1,332	1,543
G. Department of Veterans Affairs:
1. Transitional housing for homeless veterans:
Lending, net	.......	.......	.......
Loans outstanding	4	4	4
H. General Services Administration:
1. Federal buildings fund:
Lending, net	.......	.......	.......
Loans outstanding	.......	.......	.......
I. International Assistance Programs:
1. Foreign military sales credit:
Lending, net	.......	.......	.......
Loans outstanding	.......	.......	.......
J. Postal Service:
1. Postal Service fund:
Lending, net	–3,000	–1,000	.......
Loans outstanding	11,000	10,000	10,000

Total lending:
Lending, net	–1,784	3,879	9,855
Loans outstanding	79,667	83,546	93,401


	2021 actual	2022 est.	2023 est.

Agency or Guaranteed Principal Received:
A. Department of Education:
1. Historically black colleges and universities	520	.......	.......
B. National Credit Union Administration:
1. Central liquidity facility	.......	.......	.......
C. Department of Agriculture:
1. Rural Utilities Service	916	1,210	585
D. Postal Service:
1. Postal Service fund	3,000	1,000	.......
E. Department of Veterans Affairs:
1. Transitional housing for homeless veterans	.......	.......	.......
Total Agency or Guaranteed Principal Received	4,436	2,210	585

Principal Repaid to the Fiscal Service:
A. Department of Education:
1. Historically black colleges and universities	376	.......	.......
B. National Credit Union Administration:
1. Central Liquidity Facility	.......	.......	.......
C. Department of Agriculture:
1. Rural Utilities Service	149	122	71
D. Postal Service:
1. Postal Service fund	3,000	1,000	......
E. Department of Veterans Affairs:
1. Transitional housing for homeless veterans	......	......	......
Total Agency or Guaranteed Principal Repaid	3,525	1,122	71

Agency or guaranteed principal received in excess of principal repaid to the Fiscal Service
A. Department of Education:
1. Historically black colleges and universities	144	......	......
B. National Credit Union Administration:
1. Central Liquidity Facility	......	......	......
C. Department of Agriculture:
1. Rural Utilities Service	767	1,088	515
D. Postal Service:
1. Postal Service fund	......	......	.....
E. Department of Veterans Affairs:
1. Transitional housing for homeless veterans	......	......	......
Total Agency or guaranteed principal received in excess of principal repaid to the Fiscal Service	911	1,088	515


Identification code 020–4521–0–4–803		2021 actual	2022 est.	2023 est.

	Reimbursable obligations:
25.2	Other services from non-Federal sources	10	12	13
43.0	Interest and dividends	2,002	2,202	2,291

99.9	Total new obligations, unexpired accounts	2,012	2,214	2,304

Federal Funds

For necessary expenses of carrying out section 1111 of the Homeland Security Act of 2002, including hire of passenger motor vehicles, $150,863,000; of which $5,000,000 shall remain available until September 30, 2024; of which not to exceed $6,000 shall be available for official reception and representation expenses; and of which not to exceed $50,000 shall be available for cooperative research and development programs for laboratory services; and provision of laboratory assistance to State and local agencies with or without reimbursement.


Identification code 020–1008–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Protect the Public	71	67	75
0002	Collect revenue	54	58	76

0192	Total direct program	125	125	151

0799	Total direct obligations	125	125	151
0801	Protect the Public	3	3	3
0802	Collect Revenue	4	5	5

0899	Total reimbursable obligations	7	8	8

0900	Total new obligations, unexpired accounts	132	133	159

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	4	4	3
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	124	124	151
	Spending authority from offsetting collections, discretionary:
1700	Collected	5	8	8
1701	Change in uncollected payments, Federal sources	3

1750	Spending auth from offsetting collections, disc (total)	8	8	8
1900	Budget authority (total)	132	132	159
1930	Total budgetary resources available	136	136	162
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	4	3	3

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	27	31	19
3010	New obligations, unexpired accounts	132	133	159
3011	Obligations ("upward adjustments"), expired accounts	2
3020	Outlays (gross)	–128	–145	–153
3041	Recoveries of prior year unpaid obligations, expired	–2

3050	Unpaid obligations, end of year	31	19	25
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–3	–3	–3
3070	Change in uncollected pymts, Fed sources, unexpired	–3
3071	Change in uncollected pymts, Fed sources, expired	3

3090	Uncollected pymts, Fed sources, end of year	–3	–3	–3
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	24	28	16
3200	Obligated balance, end of year	28	16	22

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	132	132	159
	Outlays, gross:
4010	Outlays from new discretionary authority	99	110	132
4011	Outlays from discretionary balances	29	35	21

4020	Outlays, gross (total)	128	145	153
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–4	–4	–4
4033	Non-Federal sources	–4	–4	–4

4040	Offsets against gross budget authority and outlays (total)	–8	–8	–8
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–3
4052	Offsetting collections credited to expired accounts	3

4070	Budget authority, net (discretionary)	124	124	151
4080	Outlays, net (discretionary)	120	137	145
4180	Budget authority, net (total)	124	124	151
4190	Outlays, net (total)	120	137	145

The Alcohol and Tobacco Tax and Trade Bureau (TTB) enforces various Federal laws and regulations relating to alcohol and tobacco. TTB collects excise taxes and seeks to eliminate or prevent tax evasion and other criminal conduct, prevent consumer deception relating to alcohol beverages, and ensure that regulated alcohol and tobacco products comply with various Federal commodity, product integrity, and distribution requirements.


Identification code 020–1008–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	53	56	64
11.5	Other personnel compensation	1	1	2

11.9	Total personnel compensation	54	57	66
12.1	Civilian personnel benefits	20	21	24
21.0	Travel and transportation of persons		2	2
23.1	Rental payments to GSA	4	4	5
23.3	Communications, utilities, and miscellaneous charges	1	1	1
25.1	Advisory and assistance services	9	9	20
25.2	Other services from non-Federal sources	14	15	17
25.3	Other goods and services from Federal sources	9	9	10
25.7	Operation and maintenance of equipment	3	3	3
31.0	Equipment	8	4	3

99.0	Direct obligations	122	125	151
99.0	Reimbursable obligations	6	8	8
99.5	Adjustment for rounding	4

99.9	Total new obligations, unexpired accounts	132	133	159


Identification code 020–1008–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	487	508	548
2001	Reimbursable civilian full-time equivalent employment	14	12	12


Identification code 020–5737–0–2–806		2021 actual	2022 est.	2023 est.

0100	Balance, start of year
	Receipts:
	Current law:
1110	Deposits, Internal Revenue Collections for Puerto Rico	520	524	451

2000	Total: Balances and receipts	520	524	451
	Appropriations:
	Current law:
2101	Internal Revenue Collections for Puerto Rico	–520	–524	–451

5099	Balance, end of year


Identification code 020–5737–0–2–806		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Internal revenue collections for Puerto Rico	520	524	451

0900	Total new obligations, unexpired accounts (object class 41.0)	520	524	451

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	520	524	451
1930	Total budgetary resources available	520	524	451

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	520	524	451
3020	Outlays (gross)	–520	–524	–451

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	520	524	451
	Outlays, gross:
4100	Outlays from new mandatory authority	520	524	451
4180	Budget authority, net (total)	520	524	451
4190	Outlays, net (total)	520	524	451

Excise taxes collected under the Internal Revenue laws of the United States on articles produced in Puerto Rico and transported to the United States are covered-over (paid) to Puerto Rico (26 U.S.C. 7652(a)). Excise taxes collected on articles produced in the U.S. Virgin Islands and transported to the United States are covered-over to the U.S. Virgin Islands. (26 U.S.C. 7652(b)). Excise taxes collected on rum imported from everywhere other than Puerto Rico or the U.S. Virgin Islands are also covered-over to the treasuries of Puerto Rico and the U.S. Virgin Islands under a formula set forth in 27 CFR 26.31.

Federal Funds


Identification code 020–4502–0–4–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0801	Currency program	1,213	1,067	1,140
0803	Other programs	2	3	3
0804	DC Replacement Facility	34	12	897

0900	Total new obligations, unexpired accounts	1,249	1,082	2,040

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	748	603	1,919
1021	Recoveries of prior year unpaid obligations	6	6	4

1070	Unobligated balance (total)	754	609	1,923
	Budget authority:
	Spending authority from offsetting collections, discretionary:
1700	Collected (YCO)	891	1,070	1,140
1701	Change in uncollected payments, Federal sources (YCO)	207
1701	Change in uncollected payments, Federal sources (DCF)		1,322

1750	Spending auth from offsetting collections, disc (total)	1,098	2,392	1,140
1930	Total budgetary resources available	1,852	3,001	3,063
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	603	1,919	1,023

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	534	816	781
3010	New obligations, unexpired accounts	1,249	1,082	2,040
3020	Outlays (gross)	–961	–1,111	–1,432
3040	Recoveries of prior year unpaid obligations, unexpired	–6	–6	–4

3050	Unpaid obligations, end of year	816	781	1,385
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–1,109	–1,316	–2,638
3070	Change in uncollected pymts, Fed sources, unexpired	–207	–1,322

3090	Uncollected pymts, Fed sources, end of year	–1,316	–2,638	–2,638
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	–575	–500	–1,857
3200	Obligated balance, end of year	–500	–1,857	–1,253

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	1,098	2,392	1,140
	Outlays, gross:
4010	Outlays from new discretionary authority	735	828	855
4011	Outlays from discretionary balances	226	283	577

4020	Outlays, gross (total)	961	1,111	1,432
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources:		–267	–484
4033	Non-Federal sources	–891	–803	–656

4040	Offsets against gross budget authority and outlays (total)	–891	–1,070	–1,140
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–207	–1,322
4080	Outlays, net (discretionary)	70	41	292
4180	Budget authority, net (total)
4190	Outlays, net (total)	70	41	292

The Bureau of Engraving and Printing (BEP) produces and delivers U.S. currency notes for the Federal Reserve System ordered by the Board of Governors of the Federal Reserve and other security products for the Federal Government. BEP began printing currency in 1862 and operates on the basis of authority conferred upon the Secretary of the Treasury by 31 U.S.C. 321(a) (4) to engrave and print currency and other security documents. Operations are financed through a revolving fund established in 1950 in accordance with Public Law 81–656. The fund is reimbursed for direct and indirect costs of operations, including administrative expenses, through product sales. In 1977, Public Law 95–81 authorized BEP to include an amount sufficient to fund capital investment and to meet working capital requirements in the prices charged for products, eliminating the need for appropriations from Congress. In 2019, Public Law 116–6 authorized the use of the revolving fund for acquisition of necessary land for, and construction of, a replacement currency production facility.

The Bureau has three strategic goals: to safely and timely deliver quality products to stakeholders in a cost-effective and environmentally responsible manner; to create innovative designs, processes, and products that exceed stakeholders' expectations and to achieve overall excellence by balanced investment in people, processes, facilities, and technology. Other activities at BEP include engraving plates and dies; manufacturing inks used to print security products; purchasing materials, supplies, equipment; and storing and delivering products in accordance with customer requirements. In addition, BEP provides technical assistance, advice, and production services to other Federal agencies in the development of security documents that require counterfeit deterrent features due to their innate value or other characteristics. BEP supports the Treasury goals to Boost U.S. Economic Growth and Achieve Operational Excellence.

BEP's 2023 priorities include: (1) meeting the needs of the Nation for currency; (2) designing the next family of notes to include security feature development and currency design/development; (3) modernizing facilities, including the new DC Production Facility and Western Currency Facility Expansion; and (4) retooling manufacturing processes with state-of-the-art intaglio printing presses, electronic inspection systems, and finishing equipment. In 2022, the Federal Reserve Board (Board) established a minimum quantity of 6.876 billion notes with a ceiling up to 9.654 billion notes.


Identification code 020–4502–0–4–803		2021 actual	2022 est.	2023 est.

	Reimbursable obligations:
	Personnel compensation:
11.1	Full-time permanent	169	190	195
11.5	Other personnel compensation	45	39	43

11.9	Total personnel compensation	214	229	238
12.1	Civilian personnel benefits	76	84	86
21.0	Travel and transportation of persons		1	1
22.0	Transportation of things	1	1	1
23.1	Rental payments to GSA	4	3	3
23.2	Rental payments to others	1	1	1
23.3	Communications, utilities, and miscellaneous charges	18	19	19
25.1	Advisory and assistance services	30	31	34
25.2	Other services from non-Federal sources	171	198	205
25.3	Other goods and services from Federal sources	34	35	915
25.4	Operation and maintenance of facilities	1	1	1
25.5	Research and development contracts	3	4	3
26.0	Supplies and materials	579	351	394
31.0	Equipment	84	124	139
32.0	Land and structures	33

99.0	Reimbursable obligations	1,249	1,082	2,040

99.9	Total new obligations, unexpired accounts	1,249	1,082	2,040


Identification code 020–4502–0–4–803		2021 actual	2022 est.	2023 est.

2001	Reimbursable civilian full-time equivalent employment	1,821	1,863	1,863

Federal Funds

Pursuant to section 5136 of title 31, United States Code, the United States Mint is provided funding through the United States Mint Public Enterprise Fund for costs associated with the production of circulating coins, numismatic coins, and protective services, including both operating expenses and capital investments: Provided, That the aggregate amount of new liabilities and obligations incurred during fiscal year 2023 under such section 5136 for circulating coinage and protective service capital investments of the United States Mint shall not exceed $50,000,000.


Identification code 020–4159–0–3–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0806	Total Operating	4,970	3,341	3,327
0807	Circulating and Protection Capital	50	50	50
0808	Numismatic Capital	10	20	20

0900	Total new obligations, unexpired accounts	5,030	3,411	3,397

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	599	886	906
1021	Recoveries of prior year unpaid obligations	20	20	20

1070	Unobligated balance (total)	619	906	926
	Budget authority:
	Spending authority from offsetting collections, discretionary:
1700	Collected	5,297	3,411	3,397
1930	Total budgetary resources available	5,916	4,317	4,323
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	886	906	926

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	440	635	238
3010	New obligations, unexpired accounts	5,030	3,411	3,397
3020	Outlays (gross)	–4,815	–3,788	–3,400
3040	Recoveries of prior year unpaid obligations, unexpired	–20	–20	–20

3050	Unpaid obligations, end of year	635	238	215
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	440	635	238
3200	Obligated balance, end of year	635	238	215

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	5,297	3,411	3,397
	Outlays, gross:
4010	Outlays from new discretionary authority	4,723	2,729	2,718
4011	Outlays from discretionary balances	92	1,059	682

4020	Outlays, gross (total)	4,815	3,788	3,400
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4033	Non-Federal sources	–5,297	–3,411	–3,397

4040	Offsets against gross budget authority and outlays (total)	–5,297	–3,411	–3,397
4180	Budget authority, net (total)
4190	Outlays, net (total)	–482	377	3

The United States Mint mints and issues circulating coins, produces and distributes numismatic items, and provides security and asset protection. Since 1996, the Mint's operations have been funded through the Public Enterprise Fund (PEF) established by section 522 of Public Law 104–52 (31 U.S.C. 5136). The operations of the Mint are divided into two major components, circulating coinage and numismatic products. Finances for the two components are accounted for separately; Receipts from circulating coinage operations are not used to fund numismatic operations and receipts from numismatic operations are not used to fund circulating coinage operations. The Mint generates revenue through the issuance of circulating coins to the Federal Reserve Banks (FRBs) and the sale of numismatic products to the public and bullion coins to authorized purchasers. The Mint submits annual audited financial statements to the Secretary of the Treasury and to the Congress in support of the operations of the PEF. In 2021, the Mint transferred $ 140 million to the General Fund.

Circulating Coinage.— This activity funds the minting and issuance of circulating coins to the FRBs in amounts that the Secretary of the Treasury determines are necessary to meet the needs of the United States. The 2023 Budget reflects production volumes that correspond to expected demand and raw materials costs, which are driven by commodity prices and volumes. The Mint receives funds from the Federal Reserve equal to the face value of the circulating coins shipped to the FRB. The Mint is credited with the full cost of producing and distributing the coins that are put into circulation, including the depreciation of manufacturing facilities and equipment. The difference between the face value of the coins and the full cost of producing the coins is called seigniorage, which is a means of financing the deficit and transferred periodically to the General Fund. The annual appropriations bill includes a statutory cap on Mint expenditures on circulating and protection capital investments. The cap for 2023 is $50 million.

Numismatic Items.— This activity funds the manufacturing of numismatic items, which include collectible coins and sets, medals, bullion coins, and other products for sale to collectors and other members of the public who desire high-quality or investment-grade versions of the Nation's coinage. These products include annual proof and uncirculated sets; investment-grade silver and gold bullion coins; uncirculated silver and gold coins; proof silver, gold, platinum and palladium coins; and commemorative coins and medals that are authorized to commemorate events, individuals, places, or other subjects. Prices for numismatic products are based on the estimated product cost plus a reasonable margin to assure that the numismatic program operates at no net cost to the taxpayer. Similarly, bullion coins are priced based on the market price of the precious metals plus a premium to cover manufacturing, marketing, and distribution costs. Making numismatic products accessible, available, and affordable to Americans who choose to purchase them is the highest priority of the Mint's numismatic operations.


Identification code 020–4159–0–3–803		2021 actual	2022 est.	2023 est.

	Reimbursable obligations:
	Personnel compensation:
11.1	Full-time permanent	142	170	180
11.5	Other personnel compensation	18	16	16

11.9	Total personnel compensation	160	186	196
12.1	Civilian personnel benefits	59	56	57
13.0	Benefits for former personnel		1	1
21.0	Travel and transportation of persons		3	3
22.0	Transportation of things	42	34	34
23.1	Rental payments to GSA	1
23.2	Rental payments to others	16	14	14
23.3	Communications, utilities, and miscellaneous charges	14	19	19
24.0	Printing and reproduction	1	3	3
25.1	Advisory and assistance services	55	53	53
25.2	Other services from non-Federal sources	20	21	22
25.3	Other goods and services from Federal sources	22	21	22
25.4	Operation and maintenance of facilities	9	9	10
25.5	Research and development contracts		1	1
25.6	Medical care	1	1	1
25.7	Operation and maintenance of equipment	9	7	7
26.0	Supplies and materials	4,560	2,909	2,880
31.0	Equipment	42	60	61
32.0	Land and structures	19	13	13

99.0	Reimbursable obligations	5,030	3,411	3,397

99.9	Total new obligations, unexpired accounts	5,030	3,411	3,397


Identification code 020–4159–0–3–803		2021 actual	2022 est.	2023 est.

2001	Reimbursable civilian full-time equivalent employment	1,566	1,705	1,705

The Internal Revenue Service (IRS) collects the revenue that funds the Government and administers the Nation's tax laws. During 2021, the IRS processed 269 million tax forms and collected $4.1 trillion in taxes (gross receipts before tax refunds), totaling 96 percent of Federal Government receipts. The IRS taxpayer service program assists millions of taxpayers in understanding and meeting their tax obligations. The IRS tax enforcement and compliance program deters taxpayers inclined to evade their responsibilities while pursuing those who violate tax laws.

The 2023 Budget provides $14.1 billion for the IRS to administer the tax code and implement key strategic priorities.

Taxpayer Service Account.— The Budget includes funding for Taxpayer Services that will allow the IRS to continue delivering services to taxpayers using a variety of in-person, telephone, and web-based methods. These tools help taxpayers understand their obligations, correctly file their returns, and pay taxes due in a timely manner with as little burden as possible. In fiscal year 2021, the IRS processed more than 155 million individual tax returns and issued more than 112 million federal tax refunds totaling more than $320.8 billion.

Enforcement Account.— The Enforcement account funds activities that protect revenue by identifying fraud and preventing issuance of questionable refunds including those related to identity theft; increase compliance by addressing offshore tax evasion; strengthen examination and collection programs, including return preparer; and address compliance issues in the tax-exempt sector. During 2021, the IRS achieved 2,766 criminal convictions with a conviction rate of 89.4 percent.

Operations Support Account.— The Budget includes funding for the overall planning, direction, operations and critical infrastructure activities, including the IT and cybersecurity that keep tax systems running and protect taxpayer data, the financial management activities that ensure effective stewardship of the Nation's revenues, and the physical infrastructure of IRS facilities. For example, in 2021, the IRS reduced the percentage of aged hardware within the IT environment from 16 percent at the end of 2020 to 9.3 percent through refreshing employee workstations, upgrading aged server operating systems and related aged hardware, and phasing out old equipment.

Business Systems Modernization Account.— IRS modernization efforts focus on building and deploying advanced information technology systems, processes, and tools to improve efficiency and enhance productivity. Modernizing is necessary to maintain the integrity of the Nation's voluntary tax system and collect trillions of dollars in tax revenue. With improved online services, taxpayers will be able to receive notifications, check their account balance, set up payment plans, and connect with an IRS representative through a single, online session. Other projects will help the IRS manage its caseload, increase productivity of its workforce, and ensure the security of taxpayer information.

Federal Funds

For necessary expenses of the Internal Revenue Service to provide taxpayer services, including pre-filing assistance and education, filing and account services, taxpayer advocacy services, associated support costs, and other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner, $3,684,593,000; of which not to exceed $100,000,000 shall remain available until September 30, 2024; of which not less than $11,000,000 shall be for the Tax Counseling for the Elderly Program; of which not less than $26,000,000 shall be available for low-income taxpayer clinic grants, including grants to individual clinics of up to $200,000; of which not less than $30,000,000, to remain available until September 30, 2024, shall be available for the Community Volunteer Income Tax Assistance Matching Grants Program for tax return preparation assistance; and of which not less than $235,000,000 shall be available for operating expenses of the Taxpayer Advocate Service: Provided, That of the amounts made available for the Taxpayer Advocate Service, not less than $5,500,000 shall be for identity theft and refund fraud casework.


Identification code 020–0912–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Pre-filing taxpayer assistance and education	674	691	867
0002	Filing and account services	2,535	2,428	2,901

0100	Subtotal, direct programs	3,209	3,119	3,768

0799	Total direct obligations	3,209	3,119	3,768
0801	Taxpayer Services (Reimbursable)	39	45	47

0900	Total new obligations, unexpired accounts	3,248	3,164	3,815

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	176	280	8
1011	Unobligated balance transfer from other acct [020–5432]	63	30	30
1011	Unobligated balance transfer from other acct [020–0913]	4
1012	Unobligated balance transfers between expired and unexpired accounts	11
1020	Adjustment of unobligated bal brought forward, Oct 1		–3
1021	Recoveries of prior year unpaid obligations	22	7	7

1070	Unobligated balance (total)	276	314	45
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	2,556	2,556	3,685
1100	Appropriation [PL 116–260 Div. N — EIP #2]	178
1121	Appropriations transferred from other acct [020–0913]	50	208
1121	Appropriations transferred from other acct [020–5432]	2	49	49

1160	Appropriation, discretionary (total)	2,786	2,813	3,734
	Appropriations, mandatory:
1200	Appropriation [ARP Child Tax Credit]	206
1200	Appropriation [ARP EIP #3]	216

1260	Appropriations, mandatory (total)	422
	Spending authority from offsetting collections, discretionary:
1700	Collected	42	45	47
1701	Change in uncollected payments, Federal sources	4

1750	Spending auth from offsetting collections, disc (total)	46	45	47
1900	Budget authority (total)	3,254	2,858	3,781
1930	Total budgetary resources available	3,530	3,172	3,826
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–2
1941	Unexpired unobligated balance, end of year	280	8	11

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	308	295	278
3010	New obligations, unexpired accounts	3,248	3,164	3,815
3011	Obligations ("upward adjustments"), expired accounts	42
3020	Outlays (gross)	–3,256	–3,156	–3,697
3040	Recoveries of prior year unpaid obligations, unexpired	–22	–7	–7
3041	Recoveries of prior year unpaid obligations, expired	–25	–18	–18

3050	Unpaid obligations, end of year	295	278	371
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–20	–4	–4
3070	Change in uncollected pymts, Fed sources, unexpired	–4
3071	Change in uncollected pymts, Fed sources, expired	20

3090	Uncollected pymts, Fed sources, end of year	–4	–4	–4
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	288	291	274
3200	Obligated balance, end of year	291	274	367

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	2,832	2,858	3,781
	Outlays, gross:
4010	Outlays from new discretionary authority	2,579	2,621	3,464
4011	Outlays from discretionary balances	541	264	221

4020	Outlays, gross (total)	3,120	2,885	3,685
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–66	–58	–60
4033	Non-Federal sources	–38	–22	–22

4040	Offsets against gross budget authority and outlays (total)	–104	–80	–82
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–4
4052	Offsetting collections credited to expired accounts	62	35	35

4060	Additional offsets against budget authority only (total)	58	35	35

4070	Budget authority, net (discretionary)	2,786	2,813	3,734
4080	Outlays, net (discretionary)	3,016	2,805	3,603
	Mandatory:
4090	Budget authority, gross	422
	Outlays, gross:
4100	Outlays from new mandatory authority	136
4101	Outlays from mandatory balances		271	12

4110	Outlays, gross (total)	136	271	12
4180	Budget authority, net (total)	3,208	2,813	3,734
4190	Outlays, net (total)	3,152	3,076	3,615

This account primarily funds staffing for the processing of tax returns and related documents, and assistance for taxpayers in filing returns and paying taxes in a timely manner. It also supports a number of other activities, including forms, publications, and taxpayer advocacy services.

The 2023 Budget proposes changes to IRS appropriation language that allow the IRS to move certain support activities from the Operations Support appropriation to charge the full cost of mission activities to the Taxpayer Services and Enforcement appropriations. In the 2023 Budget, the IRS proposes to move $266 million in rent and $33 million in CFO expenses to Taxpayer Services from Operations Support.


Identification code 020–0912–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	1,748	1,714	2,069
11.3	Other than full-time permanent	55	63	70
11.5	Other personnel compensation	230	172	167
11.8	Special personal services payments		11	10

11.9	Total personnel compensation	2,033	1,960	2,316
12.1	Civilian personnel benefits	745	745	794
13.0	Benefits for former personnel	17	13	14
21.0	Travel and transportation of persons		6	11
22.0	Transportation of things	1	1	1
23.1	Rental payments to GSA			266
23.3	Communications, utilities, and miscellaneous charges	1	1	1
24.0	Printing and reproduction	9	10	11
25.1	Advisory and assistance services	171	211	142
25.2	Other services from non-Federal sources	106	42	50
25.3	Other goods and services from Federal sources	68	71	80
25.6	Medical care			15
26.0	Supplies and materials	4	4	4
41.0	Grants, subsidies, and contributions	54	54	63
42.0	Insurance claims and indemnities		1

99.0	Direct obligations	3,209	3,119	3,768
99.0	Reimbursable obligations	39	45	47

99.9	Total new obligations, unexpired accounts	3,248	3,164	3,815


Identification code 020–0912–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	31,440	33,707	33,961
1001	Direct civilian full-time equivalent employment	71	71	71
2001	Reimbursable civilian full-time equivalent employment	514	429	450

For necessary expenses for tax enforcement activities of the Internal Revenue Service to determine and collect owed taxes, to provide legal and litigation support, to conduct criminal investigations, to enforce criminal statutes related to violations of internal revenue laws and other financial crimes, to purchase and hire passenger motor vehicles (31 U.S.C. 1343(b)), associated support costs, and to provide other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner, $6,272,313,000; of which not to exceed $250,000,000 shall remain available until September 30, 2024; of which not less than $60,257,000 shall be for the Interagency Crime and Drug Enforcement program; and of which not to exceed $21,000,000 shall be for investigative technology for the Criminal Investigation Division: Provided, That the amount made available for investigative technology for the Criminal Investigation Division shall be in addition to amounts made available for the Criminal Investigation Division under the "Operations Support" heading.


Identification code 020–0913–0–1–999		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Investigations	681	708	852
0002	Exam and Collections	4,187	4,351	5,230
0003	Regulatory	159	201	205

0100	Subtotal, Direct program	5,027	5,260	6,287

0799	Total direct obligations	5,027	5,260	6,287
0801	Enforcement (Reimbursable)	43	57	60

0900	Total new obligations, unexpired accounts	5,070	5,317	6,347

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	276	252	11
1001	Discretionary unobligated balance brought fwd, Oct 1	273
1010	Unobligated balance transfer to other accts [020–0912]	–4
1010	Unobligated balance transfer to other accts [020–0919]	–16
1012	Unobligated balance transfers between expired and unexpired accounts	1
1021	Recoveries of prior year unpaid obligations	1	1	2
1033	Recoveries of prior year paid obligations	3	4	3

1070	Unobligated balance (total)	261	257	16
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	5,212	5,212	6,272
1100	Appropriation (PL 116–260 Div. N — EIP #2)	58
1120	Appropriations transferred to other acct [020–0919]	–216
1120	Appropriations transferred to other acct [020–0912]	–50	–208

1160	Appropriation, discretionary (total)	5,004	5,004	6,272
	Spending authority from offsetting collections, discretionary:
1700	Collected	24	29	31
1701	Change in uncollected payments, Federal sources	43	38	40

1750	Spending auth from offsetting collections, disc (total)	67	67	71
1900	Budget authority (total)	5,071	5,071	6,343
1930	Total budgetary resources available	5,332	5,328	6,359
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–10
1941	Unexpired unobligated balance, end of year	252	11	12

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	500	590	613
3010	New obligations, unexpired accounts	5,070	5,317	6,347
3011	Obligations ("upward adjustments"), expired accounts	31
3020	Outlays (gross)	–4,984	–5,273	–6,214
3040	Recoveries of prior year unpaid obligations, unexpired	–1	–1	–2
3041	Recoveries of prior year unpaid obligations, expired	–26	–20	–20

3050	Unpaid obligations, end of year	590	613	724
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–32	–45	–83
3070	Change in uncollected pymts, Fed sources, unexpired	–43	–38	–40
3071	Change in uncollected pymts, Fed sources, expired	30

3090	Uncollected pymts, Fed sources, end of year	–45	–83	–123
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	468	545	530
3200	Obligated balance, end of year	545	530	601

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	5,071	5,071	6,343
	Outlays, gross:
4010	Outlays from new discretionary authority	4,413	4,651	5,823
4011	Outlays from discretionary balances	570	622	391

4020	Outlays, gross (total)	4,983	5,273	6,214
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–56	–60	–61
4033	Non-Federal sources	–13	–17	–17

4040	Offsets against gross budget authority and outlays (total)	–69	–77	–78
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–43	–38	–40
4052	Offsetting collections credited to expired accounts	42	44	44
4053	Recoveries of prior year paid obligations, unexpired accounts	3	4	3

4060	Additional offsets against budget authority only (total)	2	10	7

4070	Budget authority, net (discretionary)	5,004	5,004	6,272
4080	Outlays, net (discretionary)	4,914	5,196	6,136
	Mandatory:
	Outlays, gross:
4101	Outlays from mandatory balances	1
4180	Budget authority, net (total)	5,004	5,004	6,272
4190	Outlays, net (total)	4,915	5,196	6,136

This account primarily funds staffing for: the examination of tax returns, both domestic and international; the administrative and judicial settlement of taxpayer appeals of examination findings; technical rulings; monitoring employee pension plans; determining qualifications of organizations seeking tax-exempt status; examining the tax returns of exempt organizations; enforcing statutes relating to detection and investigation of criminal violations of the internal revenue laws and other financial crimes; identifying underreporting of tax obligations; securing unfiled tax returns; and collecting unpaid accounts.

The 2023 Budget proposes changes to IRS appropriation language that allow the IRS to move certain support activities from the Operations Support appropriation to charge the full cost of mission activities to the Taxpayer Services and Enforcement appropriations. In the 2023 Budget, the IRS proposes to move $369 million in rent and $42 million in CFO expenses to Enforcement from Operations Support.


Identification code 020–0913–0–1–999		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	3,162	3,216	3,653
11.3	Other than full-time permanent	25	22	23
11.5	Other personnel compensation	153	142	163
11.8	Special personal services payments	49	36	39

11.9	Total personnel compensation	3,389	3,416	3,878
12.1	Civilian personnel benefits	1,312	1,370	1,574
21.0	Travel and transportation of persons	8	58	119
22.0	Transportation of things	9	9	21
23.1	Rental payments to GSA			369
23.3	Communications, utilities, and miscellaneous charges	5	6	6
24.0	Printing and reproduction	2	3	7
25.1	Advisory and assistance services	171	243	124
25.2	Other services from non-Federal sources	28	43	76
25.3	Other goods and services from Federal sources	42	54	42
25.6	Medical care			9
25.7	Operation and maintenance of equipment	2	2	8
26.0	Supplies and materials	24	29	24
31.0	Equipment	25	10	16
32.0	Land and structures	1		2
42.0	Insurance claims and indemnities	2	1	12
91.0	Unvouchered	7	16

99.0	Direct obligations	5,027	5,260	6,287
99.0	Reimbursable obligations	43	57	60

99.9	Total new obligations, unexpired accounts	5,070	5,317	6,347


Identification code 020–0913–0–1–999		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	35,060	34,118	38,831
2001	Reimbursable civilian full-time equivalent employment	101	80	84

For necessary expenses to operate the Internal Revenue Service, including headquarters; the hire of passenger motor vehicles (31 U.S.C. 1343(b)); the operations of the Internal Revenue Service Oversight Board; and other services as authorized by 5 U.S.C. 3109, at such rates as may be determined by the Commissioner; $3,833,734,000; of which not to exceed $275,000,000 shall remain available until September 30, 2024; of which not to exceed $10,000,000 shall remain available until expended for acquisition of equipment and construction, repair and renovation of facilities; of which not to exceed $1,000,000 shall remain available until September 30, 2025, for research; and of which not to exceed $20,000 shall be for official reception and representation expenses: Provided, That not later than 30 days after the end of each quarter, the Internal Revenue Service shall submit a report to the Committees on Appropriations of the House of Representatives and the Senate and the Comptroller General of the United States detailing major information technology investments in the Internal Revenue Service Integrated Modernization Business Plan portfolio, including detailed, plain language summaries on the status of plans, costs, and results; prior results and actual expenditures of the prior quarter; upcoming deliverables and costs for the fiscal year; risks and mitigation strategies associated with ongoing work; reasons for any cost or schedule variances; and total expenditures by fiscal year: Provided further, That the Internal Revenue Service shall include, in its budget justification for fiscal year 2024, a summary of cost and schedule performance information for its major information technology systems.


Identification code 020–0919–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0002	Infrastructure	917	900	406
0003	Shared Services and Support	1,377	1,160	1,126
0004	Information Services	2,823	2,701	2,778

0100	Subtotal, direct programs	5,117	4,761	4,310

0799	Total direct obligations	5,117	4,761	4,310
0801	Operations Support (Reimbursable)	55	55	58

0900	Total new obligations, unexpired accounts	5,172	4,816	4,368

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	163	841	361
1011	Unobligated balance transfer from other acct [020–5432]	178	156	80
1011	Unobligated balance transfer from other acct [020–0913]	16
1012	Unobligated balance transfers between expired and unexpired accounts	4
1020	Adjustment of unobligated bal brought forward, Oct 1		3
1021	Recoveries of prior year unpaid obligations	22	15	15

1070	Unobligated balance (total)	383	1,015	456
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	3,928	3,928	3,834
1100	Appropriation [PL 116–260 Div. N — EIP #2]	273
1121	Appropriations transferred from other acct [020–5432]	226	179	181
1121	Appropriations transferred from other acct [020–0913]	216

1160	Appropriation, discretionary (total)	4,643	4,107	4,015
	Appropriations, mandatory:
1200	Appropriation [ARP Child Tax Credit]	191
1200	Appropriation [ARP EIP #3]	249
1200	Appropriation [ARP Modernization]	500

1260	Appropriations, mandatory (total)	940
	Spending authority from offsetting collections, discretionary:
1700	Collected	49	55	58
1701	Change in uncollected payments, Federal sources	6

1750	Spending auth from offsetting collections, disc (total)	55	55	58
1900	Budget authority (total)	5,638	4,162	4,073
1930	Total budgetary resources available	6,021	5,177	4,529
	Memorandum (non-add) entries:
1940	Unobligated balance expiring	–8
1941	Unexpired unobligated balance, end of year	841	361	161

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,140	1,394	1,195
3010	New obligations, unexpired accounts	5,172	4,816	4,368
3011	Obligations ("upward adjustments"), expired accounts	20
3020	Outlays (gross)	–4,852	–4,944	–4,431
3040	Recoveries of prior year unpaid obligations, unexpired	–22	–15	–15
3041	Recoveries of prior year unpaid obligations, expired	–64	–56	–56

3050	Unpaid obligations, end of year	1,394	1,195	1,061
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–15	–6	–6
3070	Change in uncollected pymts, Fed sources, unexpired	–6
3071	Change in uncollected pymts, Fed sources, expired	15

3090	Uncollected pymts, Fed sources, end of year	–6	–6	–6
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,125	1,388	1,189
3200	Obligated balance, end of year	1,388	1,189	1,055

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	4,698	4,162	4,073
	Outlays, gross:
4010	Outlays from new discretionary authority	3,607	3,225	3,155
4011	Outlays from discretionary balances	1,117	1,210	1,020

4020	Outlays, gross (total)	4,724	4,435	4,175
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4030	Federal sources	–60	–61	–64
4033	Non-Federal sources	–14	–10	–10

4040	Offsets against gross budget authority and outlays (total)	–74	–71	–74
	Additional offsets against gross budget authority only:
4050	Change in uncollected pymts, Fed sources, unexpired	–6
4052	Offsetting collections credited to expired accounts	25	16	16

4060	Additional offsets against budget authority only (total)	19	16	16

4070	Budget authority, net (discretionary)	4,643	4,107	4,015
4080	Outlays, net (discretionary)	4,650	4,364	4,101
	Mandatory:
4090	Budget authority, gross	940
	Outlays, gross:
4100	Outlays from new mandatory authority	128
4101	Outlays from mandatory balances		509	256

4110	Outlays, gross (total)	128	509	256
4180	Budget authority, net (total)	5,583	4,107	4,015
4190	Outlays, net (total)	4,778	4,873	4,357

This account provides resources for overall planning, direction, operations, and critical infrastructure activities for the IRS. These activities include IT and cybersecurity that keep tax systems running and protect taxpayer data, the financial management activities that ensure effective stewardship of the nation's revenues, and the physical infrastructure that help IRS employees serve customers in office, campus, and Taxpayer Assistance Center sites. Telecommunications, human resource, and communications infrastructure are also critical components of this appropriation and are vital to maintaining adequate levels of customer service and the post-filing processes necessary for the tax system to properly function.

The 2023 Budget proposes changes to IRS appropriation language that allow the IRS to move certain support activities from the Operations Support appropriation to charge the full cost of mission activities to the Taxpayer Services and Enforcement appropriations. In the 2023 Budget, the IRS proposes to move $635 million in rent and $75 million in CFO expenses from Operations Support to Taxpayer Services and Enforcement.


Identification code 020–0919–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	1,304	1,478	1,395
11.3	Other than full-time permanent	6	5	5
11.5	Other personnel compensation	33	44	43
11.8	Special personal services payments		1	1

11.9	Total personnel compensation	1,343	1,528	1,444
12.1	Civilian personnel benefits	483	538	523
21.0	Travel and transportation of persons	2	9	12
22.0	Transportation of things	13	14	16
23.1	Rental payments to GSA	580	609
23.2	Rental payments to others	5
23.3	Communications, utilities, and miscellaneous charges	558	309	339
24.0	Printing and reproduction	59	33	22
25.1	Advisory and assistance services	1,191	938	1,031
25.2	Other services from non-Federal sources	42	26	50
25.3	Other goods and services from Federal sources	71	65	69
25.4	Operation and maintenance of facilities	195	203	224
25.6	Medical care	15	14	20
25.7	Operation and maintenance of equipment	71	44	54
26.0	Supplies and materials	7	6	7
31.0	Equipment	422	396	420
32.0	Land and structures	60	28	78
42.0	Insurance claims and indemnities		1	1

99.0	Direct obligations	5,117	4,761	4,310
99.0	Reimbursable obligations	55	55	58

99.9	Total new obligations, unexpired accounts	5,172	4,816	4,368


Identification code 020–0919–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	11,775	12,092	11,564
1001	Direct civilian full-time equivalent employment	10	15
2001	Reimbursable civilian full-time equivalent employment	79	76	80

For necessary expenses of the Internal Revenue Service's business systems modernization program, $310,027,000, to remain available until September 30, 2025, for the capital asset acquisition of information technology systems, including management and related contractual costs of said acquisitions, including related Internal Revenue Service labor costs, and contractual costs associated with operations authorized by 5 U.S.C. 3109: Provided, That not later than 30 days after the end of each quarter, the Internal Revenue Service shall submit a report to the Committees on Appropriations of the House of Representatives and the Senate and the Comptroller General of the United States detailing major information technology investments in the Internal Revenue Service Integrated Modernization Business Plan portfolio, including detailed, plain language summaries on the status of plans, costs, and results; prior results and actual expenditures of the prior quarter; upcoming deliverables and costs for the fiscal year; risks and mitigation strategies associated with ongoing work; reasons for any cost or schedule variances; and total expenditures by fiscal year.


Identification code 020–0921–0–1–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Business Systems Modernization	348	462	512

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	30	437	204
1001	Discretionary unobligated balance brought fwd, Oct 1	30
1010	Unobligated balance transfer to other accts [020–5432]	–1
1021	Recoveries of prior year unpaid obligations	4	6	3

1070	Unobligated balance (total)	33	443	207
	Budget authority:
	Appropriations, discretionary:
1100	Appropriation	223	223	310
1121	Appropriations transferred from other acct [020–5432]	29

1160	Appropriation, discretionary (total)	252	223	310
	Appropriations, mandatory:
1200	Appropriation [ARP IT Modernization]	500
1900	Budget authority (total)	752	223	310
1930	Total budgetary resources available	785	666	517
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	437	204	5

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	161	201	256
3010	New obligations, unexpired accounts	348	462	512
3020	Outlays (gross)	–302	–399	–425
3040	Recoveries of prior year unpaid obligations, unexpired	–4	–6	–3
3041	Recoveries of prior year unpaid obligations, expired	–2	–2	–2

3050	Unpaid obligations, end of year	201	256	338
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	161	201	256
3200	Obligated balance, end of year	201	256	338

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	252	223	310
	Outlays, gross:
4010	Outlays from new discretionary authority	137	88	122
4011	Outlays from discretionary balances	151	86	78

4020	Outlays, gross (total)	288	174	200
	Mandatory:
4090	Budget authority, gross	500
	Outlays, gross:
4100	Outlays from new mandatory authority	14
4101	Outlays from mandatory balances		225	225

4110	Outlays, gross (total)	14	225	225
4180	Budget authority, net (total)	752	223	310
4190	Outlays, net (total)	302	399	425

This account provides resources for the planning and capital asset acquisition of information technology to modernize key tax administration systems based on the IRS's multi-year plan to transform the taxpayer experience and modernize the core tax processing systems while enhancing information technology and taxpayer protections. It provides funding to support the Customer Account Data Engine (CADE2); cybersecurity; IT infrastructure; the Enterprise Case Management system; and taxpayers' online experience and secure digital communications and capabilities.


Identification code 020–0921–0–1–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	42	45	62
11.5	Other personnel compensation	1	1	1

11.9	Total personnel compensation	43	46	63
12.1	Civilian personnel benefits	15	16	21
21.0	Travel and transportation of persons		1	1
25.1	Advisory and assistance services	243	274	327
25.2	Other services from non-Federal sources	22	61	43
25.7	Operation and maintenance of equipment			1
31.0	Equipment	25	64	56

99.0	Direct obligations	348	462	512

99.9	Total new obligations, unexpired accounts	348	462	512


Identification code 020–0921–0–1–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	305	324	412


Identification code 020–0935–0–1–806		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Build America Bond Payments, Recovery Act (Direct)	3,012	2,614	2,587

0900	Total new obligations, unexpired accounts (object class 41.0)	3,012	2,614	2,587

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	3,199	2,772	2,743
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–187	–158	–156

1260	Appropriations, mandatory (total)	3,012	2,614	2,587
1930	Total budgetary resources available	3,012	2,614	2,587

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	3,012	2,614	2,587
3020	Outlays (gross)	–3,012	–2,614	–2,587

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	3,012	2,614	2,587
	Outlays, gross:
4100	Outlays from new mandatory authority	3,012	2,614	2,587
4180	Budget authority, net (total)	3,012	2,614	2,587
4190	Outlays, net (total)	3,012	2,614	2,587

The American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1531, allows State and local governments to issue Build America Bonds through December 31, 2010. These tax credit bonds, which include Recovery Zone Bonds, differ from tax-exempt governmental obligation bonds in two principal ways: 1) interest paid on tax credit bonds is taxable; and 2) a portion of the interest paid on tax credit bonds takes the form of a Federal tax credit. The bond issuer may elect to receive a direct payment in the amount of the tax credit for obligations issued before January 1, 2011. This account reflects the continuing interest payments over time.


Identification code 020–0906–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Earned Income Credit Exceeds Liability for Tax (Direct)	60,757	67,719	56,321
0002	Payment where Earned Income Tax Credit Exceeds Liability for Tax Territories		734	749

0900	Total new obligations, unexpired accounts (object class 41.0)	60,757	68,453	57,070

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	60,757	68,453	57,070
1930	Total budgetary resources available	60,757	68,453	57,070

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	60,757	68,453	57,070
3020	Outlays (gross)	–60,757	–68,453	–57,070

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	60,757	68,453	57,070
	Outlays, gross:
4100	Outlays from new mandatory authority	60,757	68,453	57,070
4180	Budget authority, net (total)	60,757	68,453	57,070
4190	Outlays, net (total)	60,757	68,453	57,070


		2021 actual	2022 est.	2023 est.

Enacted/requested:
	Budget Authority	60,757	68,453	57,070
	Outlays	60,757	68,453	57,070
Legislative proposal, subject to PAYGO:
	Budget Authority			65
	Outlays			65
Total:
	Budget Authority	60,757	68,453	57,135
	Outlays	60,757	68,453	57,135

The Earned Income Tax Credit (EITC) was enacted by the Tax Reduction Act of 1975 (P.L. 94–12) and made permanent by the Revenue Act of 1978 (P.L. 95–600). The amount of EITC a taxpayer may receive depends on, among other factors, the number of qualifying children the taxpayer has. The amount of EITC a taxpayer may receive initially increases as the taxpayer earns more income, then remains constant over a range of income, and then decreases as income increases further. The credit phases out based on the greater of (1) earned income and (2) adjusted gross income. As provided by law, there are instances where the EITC exceeds the amount of tax liability owed through the individual income tax system, resulting in a potential refund to the taxpayer.

Sections 9621 through 9626 of the American Rescue Plan Act of 2021, (P.L. 117–2) (American Rescue Plan) modified the EITC. For Tax Year 2021 only, the American Rescue Plan, generally, (i) reduced from 25 to 19 the general minimum age to claim the EITC with no qualifying children (Childless EITC); (ii) eliminated the upper-age limit for the Childless EITC; (iii) increased the credit amount and the phaseout percentages for the Childless EITC; and (iv) allowed individuals to use their earned income from Tax Year 2019 instead of their earned income from Tax Year 2021, if earned income from Tax Year 2021 is less, for purposes of calculating the EITC for Tax Year 2021. The American Rescue Plan also permanently modified the rules, beginning in 2021, regarding (i) children who fail to meet certain identification requirements, (ii) separated spouses, (iii) the disqualified investment income test, and (iv) the application of the EITC to the U.S. territories.


Identification code 020–0906–4–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Earned Income Credit Exceeds Liability for Tax (Direct)			65

0900	Total new obligations, unexpired accounts (object class 41.0)			65

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation			65
1930	Total budgetary resources available			65

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			65
3020	Outlays (gross)			–65

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			65
	Outlays, gross:
4100	Outlays from new mandatory authority			65
4180	Budget authority, net (total)			65
4190	Outlays, net (total)			65

The Budget proposes the following that have an impact on EITC: increase the amount of the tax penalties that apply to paid tax return preparers for willful, reckless, or unreasonable understatements, and other forms of noncompliance; establish new penalties for the appropriation of Preparer Tax Identification Numbers and Electronic Filing Identification Numbers and for failing to disclose the use of a paid tax return preparer, increases the time period during which the penalty may be assessed to six years for a failure to furnish the preparer's identifying number, and provide the Secretary of the Treasury with explicit authority to regulate all paid preparers of Federal tax returns; permanently exclude certain discharged student loan amounts from gross income; and various health reforms.


Identification code 020–0905–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Economic Impact Payments	431
0002	Economic Impact Payments, Territories	2
0003	Economic Impact Payments, 2nd	140,385
0004	Economic Impact Payments, Territories 2nd	984	15
0005	Recovery Rebate Credit	23,403	1,198
0006	Economic Impact Payments, 3rd	400,188	3,102
0007	Economic Impact Payments, Territories 3rd	4,115	25
0008	Recovery Rebate Credit, 3rd		2,264	24

0900	Total new obligations, unexpired accounts (object class 41.0)	569,508	6,604	24

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation [CARES Act]	433
1200	Appropriation [CAA]	141,369	15
1200	Appropriation [Recovery Rebates (CARES Act and CAA)]	23,403	1,198
1200	Appropriation [ARP]	404,303	5,391	24

1260	Appropriations, mandatory (total)	569,508	6,604	24
1930	Total budgetary resources available	569,508	6,604	24

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	569,508	6,604	24
3020	Outlays (gross)	–569,508	–6,604	–24

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	569,508	6,604	24
	Outlays, gross:
4100	Outlays from new mandatory authority	569,508	6,604	24
4180	Budget authority, net (total)	569,508	6,604	24
4190	Outlays, net (total)	569,508	6,604	24

This account includes the 2020 and 2021 recovery rebate credits, including the advance Economic Impact Payments of those credits, enacted in Section 2201(a) of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (P.L. 116–136), Section 272(a) of the COVID-related Tax Relief Act of 2020, enacted in Subtitle B of Title II of Division N of the Consolidated Appropriations Act, 2021 (P.L. 116–260), and Section 9601(a) of the American Rescue Plan Act of 2021 (P.L. 117–2).


Identification code 020–0922–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Child Tax Credit Exceeds Liability for Tax (Direct)	32,755	51,407	28,816
0002	Payment Where Child Tax Credit Exceeds Liability for Tax Territory Payment	59	192	248
0003	Payment for the Advanced Child Tax Credit	45,950	46,902
0004	Payment for the Advanced Child Tax Credit (Territory Payment)	195

0900	Total new obligations, unexpired accounts (object class 41.0)	78,959	98,501	29,064

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	78,959	98,501	29,064
1930	Total budgetary resources available	78,959	98,501	29,064

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	78,959	98,501	29,064
3020	Outlays (gross)	–78,959	–98,501	–29,064

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	78,959	98,501	29,064
	Outlays, gross:
4100	Outlays from new mandatory authority	78,959	98,501	29,064
4180	Budget authority, net (total)	78,959	98,501	29,064
4190	Outlays, net (total)	78,959	98,501	29,064


		2021 actual	2022 est.	2023 est.

Enacted/requested:
	Budget Authority	78,959	98,501	29,064
	Outlays	78,959	98,501	29,064
Legislative proposal, subject to PAYGO:
	Budget Authority			48
	Outlays			48
Total:
	Budget Authority	78,959	98,501	29,112
	Outlays	78,959	98,501	29,112

The Child Tax Credit (CTC) was enacted by the Taxpayer Relief Act of 1997 (P.L. 105–34). The Tax Cuts and Jobs Act (P.L. 115–97) (TCJA) increased the credit to $2,000 per qualifying child under age 17 for tax years 2018–2025. The CTC phases out for higher-income taxpayers. Taxpayers with insufficient tax liability to claim the entire CTC may receive up to $1,400 in a refundable credit, known as the Additional Child Tax Credit (ACTC). TCJA also provided that, in order to receive the CTC and/or ACTC, a taxpayer must include a Social Security number for each qualifying child for whom the credit is claimed on the tax return.

Sections 9611 and 9612 of the American Rescue Plan Act of 2021 (P.L. 117–2) (American Rescue Plan) amended the Internal Revenue Code (Code) to modify the CTC generally for 2021 only. Section 9611 of the American Rescue Plan amended Section 24 of the Code to make the entire amount of the CTC refundable and extended the CTC to cover qualifying children 17 years old and younger. The legislation also increased the amount of the CTC from $2,000 to $3,600 for qualifying children under age 6, and $3,000 for other qualifying children under age 18. The amount of this increase in the CTC (that is, $1,600 in the case of qualifying children under age 6 and $1,000 in the case of other qualifying children under age 18) is reduced by $50 for each $1,000 (or fraction thereof) by which the taxpayer's modified adjusted gross income exceeds certain thresholds. These thresholds are (i) $150,000 for joint filers and surviving spouses, (ii) $112,500 for heads of household, and (iii) $75,000 in all other cases. In addition, the American Rescue Plan amended the Code to require advance payments of the CTC to be made periodically throughout 2021, beginning after July 1, based on the taxpayer's 2020 or 2019 tax returns, in an aggregate amount equal to 50 percent of the estimated amount of the taxpayer's refundable CTC. Section 9612 of the American Rescue Plan amended Section 24 of the Code to remove the requirement for bona fide residents of Puerto Rico to have three qualifying children to claim the CTC. For 2021 and years thererafter, bona fide residents of Puerto Rico need only one qualifying child to claim the CTC. In addition, section 9612 of the American Rescue Plan amended Section 24 of the Code to provide that certain residents of American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, or the U.S. Virgin Islands, may have been eligible to receive from their territory tax agency advance Child Tax Credit payments under the expanded, refundable CTC for 2021.


Identification code 020–0922–4–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Child Tax Credit Exceeds Liability for Tax (Direct)			48

0900	Total new obligations, unexpired accounts (object class 41.0)			48

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation			48
1930	Total budgetary resources available			48

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			48
3020	Outlays (gross)			–48

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			48
	Outlays, gross:
4100	Outlays from new mandatory authority			48
4180	Budget authority, net (total)			48
4190	Outlays, net (total)			48

The Budget proposes the following that have an impact on CTC: increase the amount of the tax penalties that apply to paid tax return preparers for willful, reckless, or unreasonable understatements, and other forms of noncompliance; establish new penalties for the appropriation of Preparer Tax Identification Numbers and Electronic Filing Identification Numbers and for failing to disclose the use of a paid tax return preparer, increases the time period during which the penalty may be assessed to six years for a failure to furnish the preparer's identifying number, and provide the Secretary of the Treasury with explicit authority to regulate all paid preparers of Federal tax returns; permanently exclude certain discharged student loan amounts from gross income; and various health reforms.


Identification code 020–0923–0–1–551		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Health Coverage Tax Credit Exceeds Liability for T (Direct)	23	20

0900	Total new obligations, unexpired accounts (object class 41.0)	23	20

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	23	20
1930	Total budgetary resources available	23	20

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	23	20
3020	Outlays (gross)	–23	–20

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	23	20
	Outlays, gross:
4100	Outlays from new mandatory authority	23	20
4180	Budget authority, net (total)	23	20
4190	Outlays, net (total)	23	20

The Health Coverage Tax Credit (HCTC) is a refundable tax credit that pays 72.5% of qualified health insurance premiums for eligible individuals and their families (as provided in IRC 35(a)). Those eligible include certain recipients of Trade Adjustment Assistance (TAA) and beneficiaries of the Pension Benefit Guaranty Corporation who are aged 55 through 64. Individuals cannot claim both HCTC and a premium tax credit for the same coverage. The credit can be paid in advance. The HCTC was created in the Trade Act of 2002 (P.L. 107–210), subsequently extended, temporarily eliminated in 2014 (P.L. 112–40, section 241), then later reinstated through December 31, 2019 (P.L. 114–27, section 407). The Further Consolidated Appropriations Act, 2020 (P.L. 116–94, section 146) extended the credit through December 31, 2020, and the Consolidated Appropriations Act, 2021 (P.L. 116–260, section 134) extended the credit though December 31, 2021.


Identification code 020–0936–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Paid Family and Sick Leave Credits	689	750
0003	Employee Retention Credit	9,280	7,800	20
0005	COBRA Credits	174	450

0900	Total new obligations, unexpired accounts (object class 41.0)	10,143	9,000	20

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	10,143	9,000	20
1930	Total budgetary resources available	10,143	9,000	20

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	10,143	9,000	20
3020	Outlays (gross)	–10,143	–9,000	–20

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	10,143	9,000	20
	Outlays, gross:
4100	Outlays from new mandatory authority	10,143	9,000	20
4180	Budget authority, net (total)	10,143	9,000	20
4190	Outlays, net (total)	10,143	9,000	20

Employee Retention Credit.—Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, P.L. 116–136) created the employee retention credit, a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages certain businesses and tax-exempt employers pay to employees (up to $10,000 per employee) after March 12, 2020, and before January 1, 2021. Eligible employers could get immediate access to the credit by reducing employment tax deposits they were otherwise required to make and by requesting an advance of the credit.

Section 206 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted as Division EE of the Consolidated Appropriations Act, 2021 (P.L. 116–260) amended and made technical changes to section 2301 of the CARES Act retroactive to the section 2301's original effective date including permitting an employer that received a Paycheck Protection Program (PPP) loan to be eligible to claim an employee retention credit under section 2301, provided the wages reported in support of the forgiveness of the PPP loan are not the same wages for which the credit is claimed.

Section 207 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020 extended the employee retention credit to qualified wages paid after December 31, 2020 and before July 1, 2021; increased the maximum credit amount that may be claimed per employee (making it equal to 70 percent of $10,000 of qualified wages paid to an employee per calendar quarter); limited eligibility for and amount of the credit advance; and expanded the category of employers that may be entitled to claim the credit, among other technical amendments.

Section 9651 of the American Rescue Plan (ARP) Act of 2021 (P.L. 117–2) enacted section 3134 of the Internal Revenue Code of 1986, which extended the availability of the employee retention credit to wages paid after June 30, 2021, and before January 1, 2022. Section 3134 generally maintained the structure of the employee retention credit as provided under section 2301 of the CARES Act, as amended, with certain changes.

Employers in a U.S. Territory that otherwise qualify for the employee retention credit can claim the credit. Payments of wages by employers in U.S. Territories are wages within the meaning of section 3121(a) and therefore employers eligible to claim the credit include employers in the U.S. Territories that pay qualified wages and otherwise meet the requirements for the credit.

Section 80604 of the Infrastructure Investment and Jobs Act of 2021 (P.L. 117–58) amended section 3134 of the Internal Revenue Code to provide that the employee retention credit under section 3134 shall apply only to wages paid after June 30, 2021, and before October 1, 2021 (or, in the case of wages paid by an eligible employer which is a recovery startup business, January 1, 2022).

Paid Leave Credits.—Sections 7001 and 7003 of Division G of the Families First Coronavirus Response Act (FFCRA, P.L. 116–127) created refundable tax credits against certain employment taxes for small and midsize employers to reimburse them for the cost of providing required paid sick and family leave wages to their employees for leave related to COVID-19 as set forth under Division E, the Emergency Paid Sick Leave Act (EPSLA) and Division C, the Emergency Family and Medical Leave Expansion Act (Expanded FMLA) of the FFCRA. Sections 7002 and 7004 of the FFCRA created similar credits for certain self-employed persons in similar COVID-related circumstances. An employer is eligible for credits for qualified sick leave wages up to $511 per day and $5,110 in the aggregate (for up to 10 days of leave) and up to $200 per day and $10,000 in the aggregate (for up to 10 weeks of leave) for qualifying COVID-related leave reasons. Eligible employers could get immediate access to the credit by reducing employment tax deposits they are otherwise required to make and by requesting an advance of the credit. The requirement to provide leave under the EPSLA and Expanded FMLA expired on December 31, 2020, but the credits for paid leave that otherwise would have satisfied the requirements under the EPSLA and Expanded FMLA were later extended through September 30, 2021.

Sections 286, 287 and 288 of the COVID-related Tax Relief Act of 2020, enacted under Division N of the Consolidated Appropriations Act, 2021 (P.L. 116–260) extended the credits for periods of leave from January 1, 2021, through March 31, 2021, and made certain technical improvements to the FFCRA credit provisions.

Section 9641 of the ARP enacted sections 3131, 3132, and 3133 of the Internal Revenue Code to extend the credits through the period from April 1, 2021 through September 30, 2021; expand the category of employers eligible for the credit; reset the limitations on the amount of qualified wages that may be taken into account for purposes of the credits (and increased the aggregate cap for paid family leave wages from $10,000 to $12,000); expand the category of qualifying reasons for paid leave wages eligible for the credits (including leave to receive and recover from a COVID-19 vaccine), and make other technical amendments. (Sections 9642 and 9643 of the ARP amended and extended the equivalent tax credits for certain self-employed individuals for April 1, 2021, through September 30, 2021.)

Employers in a U.S. Territory that otherwise qualify for the paid leave credits can claim the credit. Payments of wages by employers in U.S. Territories are wages within the meaning of section 3121(a) and therefore employers eligible to claim the credit include employers in the U.S. Territories that pay qualified wages and otherwise meet the requirements for the credit.

COBRA Credit.—Section 9501 of the ARP required certain employers to offer free Consolidated Omnibus Budget Reconciliation Act (COBRA) coverage to certain qualified individuals for periods of coverage from April 1, 2021 through September 30, 2021. The ARP provided tax credits to employers to offset the cost of the COBRA coverage. The ARP provision subsidized 100 percent of COBRA premiums for six months for individuals who lost employment involuntarily or had reduced hours.


Identification code 020–0951–0–1–551		2021 actual	2022 est.	2023 est.

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1	1	1

3050	Unpaid obligations, end of year	1	1	1
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1	1	1
3200	Obligated balance, end of year	1	1	1
4180	Budget authority, net (total)
4190	Outlays, net (total)

The Patient Protection and Affordable Care Act (P.L. 111–148), section 1421, allows certain small employers (including small tax-exempt employers) to claim a credit when they pay at least half of the health care premiums for single health insurance coverage for their employees. Small employers can claim the credit for 2010 through 2013 and after that for the first two consecutive years of having coverage purchased through the small business health options program. Generally, employers that have no more than 25 full-time equivalent employees and pay wages averaging less than $50,000 per employee per year may qualify for the credit.

This account includes state innovation waiver pass-through payments in lieu of the Small Business Health Insurance Tax Credit to qualifying states under section 1332(a)(3) of the PPACA.


Identification code 020–0931–0–1–376		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where Certain Tax Credits Exceed Liability for Corporate (Direct)	190
0002	Credit for Prior Year Minimum Tax Liability of Corporations	8,970	1,294	10

0900	Total new obligations, unexpired accounts (object class 41.0)	9,160	1,294	10

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	9,160	1,294	10
1930	Total budgetary resources available	9,160	1,294	10

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	9,160	1,294	10
3020	Outlays (gross)	–9,160	–1,294	–10

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	9,160	1,294	10
	Outlays, gross:
4100	Outlays from new mandatory authority	9,160	1,294	10
4180	Budget authority, net (total)	9,160	1,294	10
4190	Outlays, net (total)	9,160	1,294	10

This account shows the outlays for the provision that allows certain businesses to accelerate the recognition of a portion of certain other credits in lieu of taking bonus depreciation. The Housing and Economic Recovery Act of 2008 (P.L. 110–289), section 3081, amended section 168(k) of the Internal Revenue Code (Code) to allow certain businesses to accelerate the recognition of a portion of their unused pre-2006 alternative minimum tax (AMT) or research and development (R&D) credits in lieu of taking bonus depreciation. The portion of the unused credit that can be accelerated under this provision is capped at the lesser of $30 million or 6 percent of eligible AMT and R&D credits. The accelerated credit amount is refundable. The American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1201(b), extended this temporary benefit through 2009. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111–312), section 401(c), extended this temporary benefit through the end of 2012, but only with respect to AMT credits. The American Taxpayer Relief Act of 2012 (P.L. 112–240), section 331(c), extended this temporary benefit through 2013 only with respect to AMT credits. The Tax Increase Prevention Act, Title I—Certain Expiring Provisions (P.L. 113–295), section 125(c), extended this temporary benefit through 2014 only with respect to AMT credits. The Protecting Americans from Tax Hikes (PATH) Act of 2015 (P.L. 114–113), extended this provision through 2015 only with respect to AMT credits. The PATH Act also extended and modified this provision for 2016 through 2019 only with respect to AMT credits.

The Tax Cuts and Jobs Act (P.L. 115–97) (TCJA) repealed the corporate alternative minimum tax. To conform to this repeal, the election to accelerate AMT credits in lieu of taking bonus depreciation was repealed, effective for property placed in service after September 27, 2017. Further, the TCJA amended the AMT credit limitation in section 53 of the Code to allow unused AMT credits to fully offset the regular federal income tax liability for any taxable year beginning after 2017. The TCJA also added section 53(e) to the Code to treat unused AMT credits as refundable for any taxable year beginning after 2017 and before 2022 in an amount equal to 50 percent (100 percent in the case of taxable years beginning in 2021) of the excess of the unused AMT credit as of the beginning of the taxable year over the amount of the credit allowable for the year against regular federal income tax liability. The Coronavirus Aid, Relief, and Economic Security Act (P.L. 116–136) (CARES Act) retroactively amended section 53(e) of the Code to allow unused AMT credits to be fully refunded in tax years beginning in 2018 or 2019. The refundable corporate minimum tax credit claimed under sections 53 and 168(k)(4) of the Code as in effect for taxable years beginning before Jan. 1, 2018, is not direct spending under the Balanced Budget and Deficit Control Act, as amended, and thus is not subject to sequestration.


Identification code 020–0943–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where CDCTC Exceeds Liability for Tax (Direct)		7,577	50
0002	Payment Where CDCTC Exceeds Liability for Tax (Territory Pymt)		53

0900	Total new obligations, unexpired accounts (object class 41.0)		7,630	50

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		7,630	50
1930	Total budgetary resources available		7,630	50

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts		7,630	50
3020	Outlays (gross)		–7,630	–50

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross		7,630	50
	Outlays, gross:
4100	Outlays from new mandatory authority		7,630	50
4180	Budget authority, net (total)		7,630	50
4190	Outlays, net (total)		7,630	50

Section 9631(a) of the American Rescue Plan Act of 2021 (P.L. 117–2) (American Rescue Plan) amended Section 21 of the Internal Revenue Code (Code) to provide special rules for the Child and Dependent Care Tax Credit (CDCTC) solely for Tax Year 2021. Specifically, the American Rescue Plan made the CDCTC fully refundable. In addition, the maximum credit rate of the CDCTC increased from 35 percent to 50 percent. The amount of expenses that are eligible for the CDCTC was increased from $3,000 to $8,000 for one qualifying dependent (from $6,000 to $16,000 for two or more qualifying dependents). The American Rescue Plan increased the phase-out threshold of the CDCTC from $15,000 of AGI to $125,000. The credit rate is phased down, but not below 20 percent, by 1 percentage point for each $2,000 (or fraction thereof) by which the taxpayer's adjusted gross income (AGI) exceeds this threshold. The American Rescue Plan further phased down the credit rate of 20 percent by 1 percentage point for each $2,000 (or fraction thereof) by which the taxpayer's AGI exceeds $400,000. Section 9631(b) of the American Rescue Plan amended Section 21 of the Code to authorize payments to U.S. territories with mirror code tax systems and to U.S. territories with non-mirror code tax systems.

Section 9632(a) of the American Rescue Plan Act amended Section 129(a)(2) of the Code to increase, for Tax Year 2021 only, the maximum amount of employer-provided dependent care assistance that may be excluded from gross income. This increase doubles the generally applicable amounts that is, $5,000 (or $2,500 in the case of a married individual filing a separate return) such that an eligible employee for Tax Year 2021 can receive an exclusion of $10,500 (or $5,250 in the case of a married individual filing a separate return).


Identification code 020–0932–0–1–502		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where American Opportunity Credit Exceeds Liability for (Direct)	3,967	3,250	3,105

0900	Total new obligations, unexpired accounts (object class 41.0)	3,967	3,250	3,105

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	3,967	3,250	3,105
1930	Total budgetary resources available	3,967	3,250	3,105

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	3,967	3,250	3,105
3020	Outlays (gross)	–3,967	–3,250	–3,105

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	3,967	3,250	3,105
	Outlays, gross:
4100	Outlays from new mandatory authority	3,967	3,250	3,105
4180	Budget authority, net (total)	3,967	3,250	3,105
4190	Outlays, net (total)	3,967	3,250	3,105


		2021 actual	2022 est.	2023 est.

Enacted/requested:
	Budget Authority	3,967	3,250	3,105
	Outlays	3,967	3,250	3,105
Legislative proposal, subject to PAYGO:
	Budget Authority			3
	Outlays			3
Total:
	Budget Authority	3,967	3,250	3,108
	Outlays	3,967	3,250	3,108

The American Opportunity Tax Credit (AOTC) was enacted by the American Recovery and Reinvestment Act of 2009 (Public Law 111–5), was extended temporarily by Public Laws 111–312 and 112–240, and was made permanent by Public Law 114–113. A taxpayer may claim an AOTC of 100 percent of the first $2,000 of qualified tuition, fees, and course materials paid by the taxpayer for each eligible student or dependent and 25 percent of the next $2,000 of these qualifying expenses. Up to 40 percent of the otherwise eligible credit is refundable. The AOTC may be claimed only for the first four years of post-secondary education per student. The AOTC phases out for higher income taxpayers as the taxpayer's income increases.


Identification code 020–0932–4–1–502		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment Where American Opportunity Credit Exceeds Liability for (Direct)			3

0900	Total new obligations, unexpired accounts (object class 41.0)			3

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation			3
1930	Total budgetary resources available			3

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			3
3020	Outlays (gross)			–3

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			3
	Outlays, gross:
4100	Outlays from new mandatory authority			3
4180	Budget authority, net (total)			3
4190	Outlays, net (total)			3

The Budget proposes to improve access and coverage for behavioral health. This proposal impacts the American Opportunity Tax Credit.


Identification code 020–0948–0–1–272		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment to Issuer of Qualified Energy Conservation Bonds (Direct)	43	35	35

0900	Total new obligations, unexpired accounts (object class 41.0)	43	35	35

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	46	37	37
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–3	–2	–2

1260	Appropriations, mandatory (total)	43	35	35
1930	Total budgetary resources available	43	35	35

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	43	35	35
3020	Outlays (gross)	–43	–35	–35

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	43	35	35
	Outlays, gross:
4100	Outlays from new mandatory authority	43	35	35
4180	Budget authority, net (total)	43	35	35
4190	Outlays, net (total)	43	35	35

The Emergency Economic Stabilization Act of 2008 (P.L. 110–343), section 301, created Qualified Energy Conservation Bonds; and the American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1112, increased the limitation on issuance of qualified energy conservation bonds from $800 million to $3.2 billion.

The Hiring Incentives to Restore Employment Act (P.L. 111–147), section 301, amended section 6431 of the Internal Revenue Code of 1986 by allowing issuers of Qualified Energy Conservation Bonds to irrevocably elect to issue the bonds as specified tax credit bonds with a direct-pay subsidy. The issuer of such qualifying bonds receives a direct interest payment subsidy from the Federal Government. Bondholders receive a taxable interest payment from the issuer in lieu of a tax credit.


Identification code 020–0947–0–1–271		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment to Issuer of New Clean Renewable Energy Bonds (Direct)	57	41	40

0900	Total new obligations, unexpired accounts (object class 41.0)	57	41	40

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	60	43	42
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–3	–2	–2

1260	Appropriations, mandatory (total)	57	41	40
1930	Total budgetary resources available	57	41	40

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	57	41	40
3020	Outlays (gross)	–57	–41	–40

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	57	41	40
	Outlays, gross:
4100	Outlays from new mandatory authority	57	41	40
4180	Budget authority, net (total)	57	41	40
4190	Outlays, net (total)	57	41	40

The Emergency Economic Stabilization Act of 2008 (P.L. 110–343), section 107, created New Clean Renewable Energy Bonds, and the American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1111, increased the limitation on issuance of New Clean Renewable Energy Bonds to a total limitation of $2.4 billion.

The Hiring Incentives to Restore Employment Act (P.L. 111–147), section 301, amended section 6431 of the Internal Revenue Code of 1986 by adding a new subsection (f) allowing issuers of New Clean Renewable Energy Bonds to irrevocably elect to issue the bonds as specified tax credit bonds with a direct-pay subsidy. The issuer of such qualifying bonds receives a direct interest payment subsidy from the Federal Government. Bondholders receive a taxable interest payment from the issuer in lieu of a tax credit.


Identification code 020–0946–0–1–501		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment to Issuer of Qualified School Construction Bonds (Direct)	797	563	559

0900	Total new obligations, unexpired accounts (object class 41.0)	797	563	559

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	846	597	593
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–49	–34	–34

1260	Appropriations, mandatory (total)	797	563	559
1930	Total budgetary resources available	797	563	559

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	797	563	559
3020	Outlays (gross)	–797	–563	–559

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	797	563	559
	Outlays, gross:
4100	Outlays from new mandatory authority	797	563	559
4180	Budget authority, net (total)	797	563	559
4190	Outlays, net (total)	797	563	559

The American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1521, created Qualified School Construction Bonds with a calendar year limitation of $11 billion for 2009 and 2010, and zero after 2010.

The Hiring Incentives to Restore Employment Act (P.L. 111–147), section 301, amended section 6431 of the Internal Revenue Code of 1986 by adding a new subsection (f) allowing issuers of Qualified School Construction Bonds to irrevocably elect to issue the bonds as specified tax credit bonds with a direct-pay subsidy. The issuer of such qualifying bonds receives a direct interest payment subsidy from the Federal Government. Bondholders receive a taxable interest payment from the issuer in lieu of a tax credit.


Identification code 020–0945–0–1–501		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payment to Issuer of Qualified Zone Academy Bonds (Direct)	54	40	40

0900	Total new obligations, unexpired accounts (object class 41.0)	54	40	40

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	57	42	42
1230	Appropriations and/or unobligated balance of appropriations permanently reduced	–3	–2	–2

1260	Appropriations, mandatory (total)	54	40	40
1930	Total budgetary resources available	54	40	40

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	54	40	40
3020	Outlays (gross)	–54	–40	–40

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	54	40	40
	Outlays, gross:
4100	Outlays from new mandatory authority	54	40	40
4180	Budget authority, net (total)	54	40	40
4190	Outlays, net (total)	54	40	40

The American Recovery and Reinvestment Act of 2009 (P.L. 111–5), section 1522, extended and expanded the calendar year limitation for Qualified Zone Academy Bonds to $1.4 billion for 2009 and 2010. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111–312), section 758, extended the Qualified Zone Academy Bonds for 2011 and reduced the calendar year limitation to $400 million. The American Taxpayer Relief Act of 2012 (P.L. 112–240), section 310, extended the calendar year limitation of $400 million through tax year 2013 (a two-year extension). The Tax Increase Prevention Act, Title I—Certain Expiring Provisions (P.L. 113–295), section 120, extended the calendar year limitation of $400 million through tax year 2014 (a one-year extension). The Protecting Americans from Tax Hikes Act of 2015 (P.L. 114–113), extended the calendar year limitation of $400 million through tax year 2016 (a two-year extension).

The Hiring Incentives to Restore Employment Act (P.L. 111–147), section 301, amended section 6431 of the Internal Revenue Code of 1986 by adding a new subsection (f) allowing issuers of Qualified Zone Academy Bonds to irrevocably elect to issue the bonds as specified tax credit bonds with a direct-pay subsidy. The issuer of such qualifying bonds receives a direct interest payment subsidy from the Federal Government. Bondholders receive a taxable interest payment from the issuer in lieu of a tax credit.

The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (P.L. 111–312) amended section 6431(f)(3)(A)(iii) to provide that direct pay treatment for Qualified Zone Academy Bonds is not available for Qualified Zone Academy Bond allocations from the 2011 national limitation or any carry forward of the 2011 allocation.


Identification code 020–0159–0–1–609		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Payments to Puerto Rico		51

0900	Total new obligations, unexpired accounts (object class 41.0)		51

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation		51
1930	Total budgetary resources available		51

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts		51
3020	Outlays (gross)		–51

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross		51
	Outlays, gross:
4100	Outlays from new mandatory authority		51
4180	Budget authority, net (total)		51
4190	Outlays, net (total)		51

The Disaster Tax Relief and Airport and Airway Extension Act of 2017 (P.L. 115–63) amended the Internal Revenue Code to allow various tax credits, deductions, and modifications to existing rules for individuals and businesses affected by Hurricanes Harvey, Irma, and Maria. Section 504(d) provided that the Department of the Treasury pay: (1) to the U.S. Virgin Islands amounts equal to the loss in revenues to the U.S. Virgin Islands by reason of the provisions of this title, and (2) to the Commonwealth of Puerto Rico amounts equal to the aggregate benefits that would have been provided to residents of Puerto Rico by reason of the provisions of this title if a mirror code tax system had been in effect in Puerto Rico.


Identification code 020–0904–0–1–908		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Refunding Internal Revenue Collections, Interest (Direct)	3,033	3,022	2,169

0900	Total new obligations, unexpired accounts (object class 43.0)	3,033	3,022	2,169

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	3,033	3,022	2,169
1930	Total budgetary resources available	3,033	3,022	2,169

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	3,033	3,022	2,169
3020	Outlays (gross)	–3,033	–3,022	–2,169

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	3,033	3,022	2,169
	Outlays, gross:
4100	Outlays from new mandatory authority	3,033	3,022	2,169
4180	Budget authority, net (total)	3,033	3,022	2,169
4190	Outlays, net (total)	3,033	3,022	2,169

Under certain circumstances, as provided in 26 U.S.C. 6611, interest is paid on Internal Revenue collections that must be refunded. The Tax Equity and Fiscal Responsibility Act of 1982 (P.L. 97–248) provides for daily compounding of interest. Under the Tax Reform Act of 1986 (P.L. 99–514), interest paid on Internal Revenue collections will equal the Federal short-term rate plus three percentage points (two percentage points in the case of a corporation), with such rate to be adjusted quarterly.


Identification code 020–0949–0–1–551		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Premium assistance tax credit	59,948	52,099	37,150
0003	Basic Health Program	7,031	8,392	6,760
0004	State Innovation Waivers	1,742	2,181	1,803

0900	Total new obligations, unexpired accounts (object class 41.0)	68,721	62,672	45,713

	Budgetary resources:
	Unobligated balance:
1033	Recoveries of prior year paid obligations	3,641
1037	Unobligated balance of appropriations withdrawn	–3,641
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	68,721	62,672	45,713
1900	Budget authority (total)	68,721	62,672	45,713
1930	Total budgetary resources available	68,721	62,672	45,713

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	1,611	2,057	2,057
3010	New obligations, unexpired accounts	68,721	62,672	45,713
3020	Outlays (gross)	–68,275	–62,672	–45,713

3050	Unpaid obligations, end of year	2,057	2,057	2,057
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	1,611	2,057	2,057
3200	Obligated balance, end of year	2,057	2,057	2,057

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	68,721	62,672	45,713
	Outlays, gross:
4100	Outlays from new mandatory authority	67,009	60,615	43,941
4101	Outlays from mandatory balances	1,266	2,057	1,772

4110	Outlays, gross (total)	68,275	62,672	45,713
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–3,641
	Additional offsets against gross budget authority only:
4143	Recoveries of prior year paid obligations, unexpired accounts	3,641

4160	Budget authority, net (mandatory)	68,721	62,672	45,713
4170	Outlays, net (mandatory)	64,634	62,672	45,713
4180	Budget authority, net (total)	68,721	62,672	45,713
4190	Outlays, net (total)	64,634	62,672	45,713


		2021 actual	2022 est.	2023 est.

Enacted/requested:
	Budget Authority	68,721	62,672	45,713
	Outlays	64,634	62,672	45,713
Legislative proposal, subject to PAYGO:
	Budget Authority			522
	Outlays			522
Total:
	Budget Authority	68,721	62,672	46,235
	Outlays	64,634	62,672	46,235

The Patient Protection and Affordable Care Act (PPACA) of 2010 (P.L. 111–148) established the Premium Tax Credit. This credit is an advanceable, refundable tax credit designed to help eligible individuals and families with low or moderate income afford health insurance purchased through a Health Insurance Exchange, beginning in 2014. The credit can be paid in advance to the taxpayer's insurance company to lower the monthly premiums, or it can be claimed when a taxpayer files their income tax return for the year. If the credit is paid in advance, the taxpayer must reconcile the advance credit payments with the actual credit computed on the tax return and repay any excess advance credit payments, subject to certain caps.

The American Rescue Plan Act of 2021 (P.L. 117–2) increased the Premium Tax Credit in three ways. For 2021 and 2022, the legislation increased the Premium Tax Credit for currently eligible individuals and families, providing access to free plans for those earning 100 to 150 percent of the Federal poverty level, and expanded eligibility to newly include individuals and families with income above 400 percent of the federal poverty level. The legislation also expanded eligibility in 2021 to individuals who receive unemployment insurance for any week in 2021. The legislation also eliminated the requirement for individuals to repay any excess advance payments of the Premium Tax Credit for 2020.

This account includes state innovation waiver pass-through payments in lieu of the Premium Tax Credit to qualifying states under section 1332(a)(3) of the PPACA, as well as payments to states under the Basic Health Program established under section 1331 of PPACA.


Identification code 020–0949–4–1–551		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Premium assistance tax credit			512
0003	Basic Health Program			10

0900	Total new obligations, unexpired accounts (object class 41.0)			522

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation			522
1900	Budget authority (total)			522
1930	Total budgetary resources available			522

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts			522
3020	Outlays (gross)			–522

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross			522
	Outlays, gross:
4100	Outlays from new mandatory authority			522
4180	Budget authority, net (total)			522
4190	Outlays, net (total)			522

The proposals build on existing consumer protections and improve access to behavioral health services by doing the following: requiring coverage of mental health and substance use disorder benefits for all plans and issuers; requiring coverage of three behavioral health visits and three primary care visits without cost-sharing; limiting utilization management controls for behavioral health; amending MHPAEA to authorize the Secretaries to regulate behavioral health network adequacy for all plans and issuers; and creating a new standard for parity in behavioral health based on comparative analysis of reimbursement rates.


Identification code 020–5432–0–2–803		2021 actual	2022 est.	2023 est.

0100	Balance, start of year
	Receipts:
	Current law:
1110	Enrolled Agent Fee Increase, IRS Miscellaneous Retained Fees	8	8	12
1110	Tax Preparer Registration Fees, IRS Miscellaneous Retained Fees	16	16	16
1130	New Installment Agreements, IRS Miscellaneous Retained Fees	124	124	124
1130	Restructured Installment Agreements, IRS Miscellaneous Retained Fees	73	73	73
1130	General User Fees, IRS Miscellaneous Retained Fees	166	128	122
1130	Photocopying and Historical Conservation Easement Fees, IRS Miscellaneous Retained Fees	6	4	3

1199	Total current law receipts	393	353	350

1999	Total receipts	393	353	350

2000	Total: Balances and receipts	393	353	350
	Appropriations:
	Current law:
2101	IRS Miscellaneous Retained Fees	–393	–353	–350

5099	Balance, end of year


Identification code 020–5432–0–2–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	IRS Miscellaneous Retained Fees (Direct)	3	3	3

0900	Total new obligations, unexpired accounts (object class 44.0)	3	3	3

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	395	288	224
1010	Unobligated balance transfer to other accts [020–0919]	–178	–156	–80
1010	Unobligated balance transfer to other accts [020–0912]	–63	–30	–30
1011	Unobligated balance transfer from other acct [020–0921]	1

1070	Unobligated balance (total)	155	102	114
	Budget authority:
	Appropriations, discretionary:
1120	Appropriations transferred to other accts [020–0919]	–226	–179	–181
1120	Appropriations transferred to other accts [020–0921]	–29
1120	Appropriations transferred to other accts [020–0912]	–2	–49	–49

1160	Appropriation, discretionary (total)	–257	–228	–230
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	393	353	350
1900	Budget authority (total)	136	125	120
1930	Total budgetary resources available	291	227	234
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	288	224	231

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	3	3	3
3020	Outlays (gross)	–3	–3	–3

	Budget authority and outlays, net:
	Discretionary:
4000	Budget authority, gross	–257	–228	–230
	Mandatory:
4090	Budget authority, gross	393	353	350
	Outlays, gross:
4101	Outlays from mandatory balances	3	3	3
4180	Budget authority, net (total)	136	125	120
4190	Outlays, net (total)	3	3	3

As provided by law (26 U.S.C. 7801), the Secretary of the Treasury may establish new fees or raise existing fees for services provided by the IRS to recover the value of the service provided, where such fees are authorized by another law, and may spend the new or increased fee receipts to supplement appropriations made available to the IRS appropriations accounts. Funds in this account are transferred to other IRS appropriations accounts for expenditure.


Identification code 020–5080–0–2–808		2021 actual	2022 est.	2023 est.

0100	Balance, start of year
	Receipts:
	Current law:
1130	Gifts to the United States for Reduction of the Public Debt	1	3	3

2000	Total: Balances and receipts	1	3	3
	Appropriations:
	Current law:
2101	Gifts to the United States for Reduction of the Public Debt	–1	–3	–3

5099	Balance, end of year


Identification code 020–5080–0–2–808		2021 actual	2022 est.	2023 est.

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	1	3	3
1236	Appropriations applied to repay debt	–1	–3	–3
4180	Budget authority, net (total)
4190	Outlays, net (total)

As provided by law (31 U.S.C. 3113), the Secretary of the Treasury is authorized to accept conditional gifts to the United States for the purpose of reducing the public debt.


Identification code 020–5510–0–2–803		2021 actual	2022 est.	2023 est.

0100	Balance, start of year	9	13	8
	Receipts:
	Current law:
1110	Private Collection Agent Program	221	145	171

2000	Total: Balances and receipts	230	158	179
	Appropriations:
	Current law:
2101	Private Collection Agent Program	–221	–145	–171
2103	Private Collection Agent Program	–9	–13	–8
2132	Private Collection Agent Program	13	8	10

2199	Total current law appropriations	–217	–150	–169

2999	Total appropriations	–217	–150	–169

5099	Balance, end of year	13	8	10


Identification code 020–5510–0–2–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0002	Payments to Private Collection Agencies	87	46	55
0003	Special Compliance Personnel Program	51	71	91

0900	Total new obligations, unexpired accounts	138	117	146

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	104	183	216
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	221	145	171
1203	Appropriation (previously unavailable)(special or trust)	9	13	8
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced	–13	–8	–10

1260	Appropriations, mandatory (total)	217	150	169
1930	Total budgetary resources available	321	333	385
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	183	216	239

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	10	8	12
3010	New obligations, unexpired accounts	138	117	146
3020	Outlays (gross)	–140	–113	–129

3050	Unpaid obligations, end of year	8	12	29
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	10	8	12
3200	Obligated balance, end of year	8	12	29

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	217	150	169
	Outlays, gross:
4100	Outlays from new mandatory authority	123	71	123
4101	Outlays from mandatory balances	17	42	6

4110	Outlays, gross (total)	140	113	129
4180	Budget authority, net (total)	217	150	169
4190	Outlays, net (total)	140	113	129

This account reflects the funds that the IRS is allowed to retain and expend for qualified tax collection contracts with private collection agents and the special compliance personnel program. The American Jobs Creation Act of 2004 (P.L. 108–357) allowed the IRS to use private collection contractors to supplement its own collection staff efforts to ensure that all taxpayers pay what they owe. The statute authorized the Treasury to retain and use an amount not in excess of 25 percent of the amount collected under any qualified tax collection contract for payments to private collection agents, and an amount not in excess of 25 percent of the amount collected for enforcement activities of the IRS (26 U.S.C. 6306). The IRS used this authority to contract with several private debt collection agencies starting in 2006. In March 2009, the IRS allowed its private debt collection contracts to expire, thereby administratively terminating the program in accordance with Omnibus Appropriations Act, 2009 Administrative Provisions — Internal Revenue Service, Section 106 (P.L. 111–8). This provision stated that none of the funds made available in this Act maybe used to enter into, renew, extend, administer, implement, enforce, or provide oversight of any qualified tax collection contract as defined in section 6306 of the Internal Revenue Code of 1986.

Section 32102(a) of the Fixing America's Surface Transportation Act of 2015 (P.L. 114–94), amended section 6306 of the Internal Revenue Code (IRC) and requires the Secretary of the Treasury to enter into one or more qualified tax collection contracts for the collection of all outstanding inactive tax receivables. These agreements are applicable to tax receivables as identified by the Secretary after December 4, 2015. Section 6306 of the IRC prohibits the payment of fees for all services in excess of 25 percent of the amount collected under a tax collection contract for payments to private collection agents. In addition, up to 25 percent of the amount collected may be used to fund the special compliance personnel program account under section 6307.

Inactive tax receivables, as redefined by the Taxpayer First Act (P.L. 116–25), are defined as any tax receivable: 1) removed from the active inventory for lack of resources or inability to locate the taxpayer; 2) for which more than two years has passed since assessment and no IRS employee has been assigned to collect the receivable; or 3) for which a receivable has been assigned for collection but more than 365 days have passed without interaction with the taxpayer or a third party for purposes of furthering the collection. Tax receivables are defined as any outstanding assessment that the IRS includes in potentially collectible inventory. The Taxpayer First Act also made certain receivables of individual taxpayers ineligible for collection, including taxpayers whose income substantially consists of disability insurance benefits or supplemental security income benefits or whose adjusted gross income does not exceed 200 percent of the applicable federal poverty level.


Identification code 020–5510–0–2–803		2021 actual	2022 est.	2023 est.

	Direct obligations:
	Personnel compensation:
11.1	Full-time permanent	18	29	36
11.5	Other personnel compensation	1	3	4

11.9	Total personnel compensation	19	32	40
12.1	Civilian personnel benefits	7	11	14
23.1	Rental payments to GSA	20	25	34
23.3	Communications, utilities, and miscellaneous charges	1	1	1
25.1	Advisory and assistance services	90	48	57
25.3	Other goods and services from Federal sources	1

99.0	Direct obligations	138	117	146

99.9	Total new obligations, unexpired accounts	138	117	146


Identification code 020–5510–0–2–803		2021 actual	2022 est.	2023 est.

1001	Direct civilian full-time equivalent employment	334	460	821


Identification code 020–5433–0–2–803		2021 actual	2022 est.	2023 est.

0100	Balance, start of year			5
	Receipts:
	Current law:
1140	Underpayment and Fraud Collection	26	85	85

2000	Total: Balances and receipts	26	85	90
	Appropriations:
	Current law:
2101	Informant Payments	–26	–85	–85
2132	Informant Payments		5	5

2199	Total current law appropriations	–26	–80	–80

2999	Total appropriations	–26	–80	–80

5099	Balance, end of year		5	10


Identification code 020–5433–0–2–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Informant Payments	26	80	80

0900	Total new obligations, unexpired accounts (object class 91.0)	26	80	80

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1201	Appropriation (special or trust fund)	26	85	85
1232	Appropriations and/or unobligated balance of appropriations temporarily reduced		–5	–5

1260	Appropriations, mandatory (total)	26	80	80
1930	Total budgetary resources available	26	80	80

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	26	80	80
3020	Outlays (gross)	–26	–80	–80

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	26	80	80
	Outlays, gross:
4100	Outlays from new mandatory authority	26	80	80
4180	Budget authority, net (total)	26	80	80
4190	Outlays, net (total)	26	80	80

As provided by law (26 U.S.C. 7623), the Secretary of the Treasury may make payments to individuals who provide information that leads to the collection of Internal Revenue taxes. The Taxpayer Bill of Rights of 1996 (P.L. 104–168) provides for payments of such sums to individuals from the proceeds of amounts collected by reason of the information provided, and any amount collected shall be available for such payments. This information must lead to the detection of underpayments of taxes, or detection and bringing to trial and punishment of persons guilty of violating the Internal Revenue laws. This provision was further amended by the Tax Relief and Health Care Act of 2006 (P.L. 109–432) to provide for mandatory payments in certain circumstances and to encourage use of the program. A reward payment typically ranges between 15 and 30 percent of the collected proceeds for cases where the amount of collected proceeds exceeds $2 million. Lower payments are allowed in certain circumstances, including cases in which information is provided that was already available from another source. Section 41108 of the Bipartisan Budget Act of 2018 (P.L. 115–123) expanded the definition of proceeds to include proceeds arising from the laws for which the Internal Revenue Service is authorized to administer, enforce, or investigate. Section 41108 further provides that the expanded definition of proceeds shall be used to determine eligibility for a mandatory award under section 7623(b)(5) and states that the amount of proceeds are to be determined without regard to whether such proceeds are available to the Secretary.


Identification code 020–4413–0–3–803		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Federal Tax Lien Revolving Fund	1	3	3

0900	Total new obligations, unexpired accounts (object class 32.0)	1	3	3

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	7	7	7
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	1	3	3
1930	Total budgetary resources available	8	10	10
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	7	7	7

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	1	3	3
3020	Outlays (gross)	–1	–3	–3

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1	3	3
	Outlays, gross:
4101	Outlays from mandatory balances	1	3	3
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4123	Non-Federal sources	–1	–3	–3
4180	Budget authority, net (total)
4190	Outlays, net (total)

This revolving fund was established pursuant to section 112(a) of the Federal Tax Lien Act of 1966, to serve as the source of financing the redemption of real property by the United States. During the process of collecting unpaid taxes, the Government may place a tax lien on real estate in order to protect the Government's interest and this account provides the resources to administer the program.

The Budget proposes to make the adoption credit fully refundable. In addition, taxpayers with unused carryforward amounts from eligible expenses from earlier adoptions would be able to claim the full amount of any unused carryforward on their 2023 tax return. The proposal would also allow families who enter into a guardianship relationship with a child that meets certain requirements to claim a refundable credit for the expenses related to establishing the guardianship relationship.

The Internal Revenue Service Restructuring and Reform Act of 1998 (P.L. 105–206) directs the IRS Oversight Board to provide an annual budget request for the IRS. The Oversight Board's request shall be submitted to the President by the Secretary without revision, and the President shall submit the request, without revision, to Congress together with the President's Budget request for the IRS. The Board did not make a recommendation for 2023 as it currently lacks a quorum. The Board will reconvene once it has enough Senate-confirmed members to make a quorum.

(1) to make a payment to any employee under a bonus, award, or recognition program; or

(2) under any hiring or personnel selection process with respect to re-hiring a former employee;

unless such program or process takes into account the conduct and Federal tax compliance of such employee or former employee.

Trust Funds


Identification code 020–8413–0–8–373		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0881	Bank Supervision	1,112	1,217	1,225

	Budgetary resources:
	Unobligated balance:
1000	Unobligated balance brought forward, Oct 1	1,656	1,718	1,692
1021	Recoveries of prior year unpaid obligations	8

1070	Unobligated balance (total)	1,664	1,718	1,692
	Budget authority:
	Spending authority from offsetting collections, mandatory:
1800	Collected	1,167	1,191	1,191
1801	Change in uncollected payments, Federal sources	–1

1850	Spending auth from offsetting collections, mand (total)	1,166	1,191	1,191
1930	Total budgetary resources available	2,830	2,909	2,883
	Memorandum (non-add) entries:
1941	Unexpired unobligated balance, end of year	1,718	1,692	1,658

	Change in obligated balance:
	Unpaid obligations:
3000	Unpaid obligations, brought forward, Oct 1	328	380	416
3010	New obligations, unexpired accounts	1,112	1,217	1,225
3020	Outlays (gross)	–1,052	–1,181	–1,188
3040	Recoveries of prior year unpaid obligations, unexpired	–8

3050	Unpaid obligations, end of year	380	416	453
	Uncollected payments:
3060	Uncollected pymts, Fed sources, brought forward, Oct 1	–9	–8	–8
3070	Change in uncollected pymts, Fed sources, unexpired	1

3090	Uncollected pymts, Fed sources, end of year	–8	–8	–8
	Memorandum (non-add) entries:
3100	Obligated balance, start of year	319	372	408
3200	Obligated balance, end of year	372	408	445

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	1,166	1,191	1,191
	Outlays, gross:
4100	Outlays from new mandatory authority	354	402	404
4101	Outlays from mandatory balances	698	779	784

4110	Outlays, gross (total)	1,052	1,181	1,188
	Offsets against gross budget authority and outlays:
	Offsetting collections (collected) from:
4120	Federal sources	–19	–14	–14
4121	Interest on Federal securities	–17	–18	–18
4123	Non-Federal sources	–1,131	–1,159	–1,159

4130	Offsets against gross budget authority and outlays (total)	–1,167	–1,191	–1,191
	Additional offsets against gross budget authority only:
4140	Change in uncollected pymts, Fed sources, unexpired	1
4170	Outlays, net (mandatory)	–115	–10	–3
4180	Budget authority, net (total)
4190	Outlays, net (total)	–115	–10	–3

	Memorandum (non-add) entries:
5000	Total investments, SOY: Federal securities: Par value	1,983	2,090	2,114
5001	Total investments, EOY: Federal securities: Par value	2,090	2,114	2,139
5010	Total investments, SOY: non-Fed securities: Market value	5	5	5
5011	Total investments, EOY: non-Fed securities: Market value	5	5	5

The Office of the Comptroller of the Currency (OCC) was created by Congress to charter national banks; oversee a nationwide system of banking institutions; and ensure national banks are safe and sound, competitive and profitable, and capable of serving in the best possible manner the banking needs of their customers. The National Currency Act of 1863 (12 U.S.C. 1 et seq., 12 Stat. 665), rewritten and reenacted as the National Bank Act of 1864, provided for the chartering and supervising functions of the OCC. Income of the OCC is derived principally from assessments paid by national banks and interest on investments in U.S. Government securities. The OCC receives no appropriated funds from Congress.

As of September 30, 2021, the OCC supervised 797 national bank charters, 52 Federal branches of foreign banks, and 269 Federal savings associations. In total, the OCC supervises approximately $14.9 trillion in financial institution assets.

As of September 30, 2021, the net position of the OCC was $1,642.5 million. The OCC allocates a significant portion of the net position to its financial reserves to cover undelivered orders and capital investments. Financial reserves are integral to the effective stewardship of the OCCs resources, and the OCC has a disciplined process for reviewing its reserve balances and allocating funds appropriately to support its ability to accomplish the agency's mission. The OCCs financial reserves are available to reduce the impact on the OCCs operations in the event of a significant fluctuation in revenues or expenses. In 2018, the OCC established a new receivership contingency fund of $86.6 million within its financial reserves to facilitate the conduct of receiverships of uninsured federal branches or agencies of a foreign banking organization. In 2017, the OCC established a contingency of $100 million within its reserves to act as receiver of those national trust banks which are not FDIC-insured.


Identification code 020–8413–0–8–373		2021 actual	2022 est.	2023 est.

	Reimbursable obligations:
	Personnel compensation:
11.1	Full-time permanent	550	580	586
11.3	Other than full-time permanent	4	3	3
11.5	Other personnel compensation	4	4	4

11.9	Total personnel compensation	558	587	593
12.1	Civilian personnel benefits	260	267	269
21.0	Travel and transportation of persons	5	23	23
22.0	Transportation of things	3	3	3
23.2	Rental payments to others	66	66	66
23.3	Communications, utilities, and miscellaneous charges	23	16	16
25.1	Advisory and assistance services	26	40	40
25.2	Other services from non-Federal sources	31	36	36
25.3	Other goods and services from Federal sources	9	9	9
25.4	Operation and maintenance of facilities	6	8	8
25.7	Operation and maintenance of equipment	77	108	108
26.0	Supplies and materials	5	7	7
31.0	Equipment	29	36	36
32.0	Land and structures	13	10	10
42.0	Insurance claims and indemnities	1	1	1

99.0	Reimbursable obligations	1,112	1,217	1,225

99.9	Total new obligations, unexpired accounts	1,112	1,217	1,225


Identification code 020–8413–0–8–373		2021 actual	2022 est.	2023 est.

2001	Reimbursable civilian full-time equivalent employment	3,491	3,555	3,555

Federal Funds


Identification code 020–0550–0–1–901		2021 actual	2022 est.	2023 est.

	Obligations by program activity:
0001	Interest on Treasury Debt Securities	562,388	561,817	576,776

0900	Total new obligations, unexpired accounts (object class 43.0)	562,388	561,817	576,776

	Budgetary resources:
	Budget authority:
	Appropriations, mandatory:
1200	Appropriation	562,388	561,817	576,776
1930	Total budgetary resources available	562,388	561,817	576,776

	Change in obligated balance:
	Unpaid obligations:
3010	New obligations, unexpired accounts	562,388	561,817	576,776
3020	Outlays (gross)	–562,388	–561,817	–576,776

	Budget authority and outlays, net:
	Mandatory:
4090	Budget authority, gross	562,388	561,817	576,776
	Outlays, gross:
4100	Outlays from new mandatory authority	562,388	561,817	576,776
4180	Budget authority, net (total)	562,388	561,817	576,776
4190	Outlays, net (total)	562,388	561,817	576,776

Such amounts are appropriated as may be necessary to pay the interest each year on the public debt (31 U.S.C. 1305, 3123). Interest on Government account series securities is generally calculated on a cash basis. Interest is generally calculated on an accrual basis for all other types of securities.


Identification code 020–0550–2–1–901		2021 actual	2022 est.	2023 est.

4180	Budget authority, net (total)			–5
4190	Outlays, net (total)			–5


		2021 actual	2022 est.	2023 est.

Governmental receipts:
010–086400	Filing Fees, P.L. 109–171, Title X	39	39	39
020–015800	Transportation Fuels Tax	–6,036	–4,692	–2,427
020–015800	Transportation Fuels Tax: Legislative proposal, subject to PAYGO			5
020–065000	Deposit of Earnings, Federal Reserve System	100,054	107,749	75,625
020–085000	Registration, Filing, and Transaction Fees	4	4	4
020–086900	Fees for Legal and Judicial Services, not Otherwise Classified	34	34	34
020–089100	Miscellaneous Fees for Regulatory and Judicial Services, not Otherwise Classified	629	615	615
020–101000	Fines, Penalties, and Forfeitures, Agricultural Laws	3	3	3
020–104000	Fines, Penalties, and Forfeitures, Customs, Commerce, and Antitrust Laws	649	3,115	3,115
020–105000	Fines, Penalties, and Forfeitures, Narcotic Prohibition and Alcohol Laws	10	34	34
020–106000	Forfeitures of Unclaimed Money and Property	34	24	24
020–108000	Fines, Penalties, and Forfeitures, Federal Coal Mine Health and Safety Laws	34	40	40
020–109600	Penalties on Employers Who Do not Offer Health Coverage or Delay Eligibility for New Employees		170	217
020–241100	User Fees for IRS	3	3	3
020–249200	Premiums, Terrorism Risk Insurance Program			38
020–309400	Recovery from Airport and Airway Trust Fund for Refunds of Taxes	13	18	19
020–309500	Recovery from Leaking Underground Storage Tank Trust Fund for Refunds of Taxes, EPA	7	6	6
020–309990	Refunds of Moneys Erroneously Received and Recovered (20X1807)	–17	–17	–17
021–103000	Fines, Penalties, and Forfeitures, Immigration and Labor Laws	172	184	184
050–085015	Registration, Filing, and Transaction Fees, SEC	783	825	846
220–109900	Fines, Penalties, and Forfeitures, not Otherwise Classified	5,588	4,514	4,674
901–011050	Individual Income Taxes	2,044,132	2,257,051	2,305,216
901–011050	Individual Income Taxes: Legislative proposal, not subject to PAYGO			–21
901–011050	Individual Income Taxes: Legislative proposal, subject to PAYGO		6,124	39,794
999–011100	Corporation Income and Excess Profits Taxes	371,831	382,560	411,806
999–011100	Corporation Income and Excess Profits Taxes: Legislative proposal, not subject to PAYGO			–7
999–011100	Corporation Income and Excess Profits Taxes: Legislative proposal, subject to PAYGO			89,113
901–015250	Other Federal Fund Excise Taxes	–320	1,843	1,918
901–015250	Other Federal Fund Excise Taxes: Legislative proposal, subject to PAYGO			16
999–015300	Estate and Gift Taxes	27,140	25,742	24,802
999–015300	Estate and Gift Taxes: Legislative proposal, subject to PAYGO			625
901–015500	Tobacco Excise Tax	12,136	11,549	11,732
901–015600	Alcohol Excise Tax	10,274	10,598	10,751
901–015700	Telephone Excise Tax	321	235	191
901–015913	Fee on Health Insurance Providers	206
901–015914	Tax on Indoor Tanning Services	70	64	59
901–015915	Excise Tax on Medical Device Manufacturers	–3
901–031050	Other Federal Fund Customs Duties	52,558	62,832	35,701
General Fund Governmental receipts		2,620,348	2,871,266	3,014,777


Offsetting receipts from the public:
020–129900	Gifts to the United States, not Otherwise Classified	3	3	3
020–143500	General Fund Proprietary Interest Receipts, not Otherwise Classified	2	2	2
020–145000	Interest Payments from States, Cash Management Improvement	25	32	32
020–146310	Interest on Quota in International Monetary Fund	22	22	22
020–146320	Interest on Loans to International Monetary Fund	1	1	1
020–149900	Interest Received from Credit Financing Accounts	47,401	51,726	45,903
020–168200	Gain by Exchange on Foreign Currency Denominated Public Debt Securities	8
020–248500	GSE Fees Pursuant to P.L. 112–78 Sec. 401	4,930	5,606	5,906
020–267710	Community Development Financial Institutions Fund, Negative Subsidies	3
020–269130	Economic Stabilization, Downward Reestimates of Subsidies	14,030	4,415
020–276330	Community Development Financial Institutions Fund, Downward Re-estimate of Subsidies	10	17
020–278430	Small Business Lending Fund Direct Loans, Downward Reestimates of Subsidies	1	5
020–279030	GSE Mortgage-backed Securities Direct Loans, Downward Reestimates of Subsidies	173	140
020–279230	Troubled Asset Relief Program, Downward Reestimates of Subsidies	4	4
020–289700	Proceeds, Air Carrier Equity Related Transactions	220	145	145
020–322000	All Other General Fund Proprietary Receipts	571	485	485
020–387500	Budget Clearing Account (suspense)	–466
086–289100	Proceeds, Grants for Emergency Mortgage Relief Derived from Emergency Homeowners' Relief Fund	2	2	2
General Fund Offsetting receipts from the public		66,940	62,605	52,501


Intragovernmental payments:
020–133800	Interest on Loans to the Presidio	2	2	2
020–135100	Interest on Loans to BPA	147	149	151
020–136000	Interest on Loans to Western Area Power Administration	2	3	7
020–136300	Interest on Loans for College Housing and Academic Facilities Loans, Education	1	1	1
020–140100	Interest on Loans to Commodity Credit Corporation	13	49	104
020–141500	Interest on Loans to Federal Deposit Insurance Corporation		9	51
020–141800	Interest on Loans to Federal Financing Bank	1,810	2,045	2,168
020–143300	Interest on Loans to National Flood Insurance Fund, DHS	357	289	322
020–149500	Interest Payments on Repayable Advances to the Black Lung Disability Trust Fund	95	105	128
020–149700	Payment of Interest on Advances to the Railroad Retirement Board	100	92	109
020–150110	Interest on Loans or Advances to the Extended Unemployment Compensation Account	117	210	150
020–150120	Interest on Loans and Repayable Advances to the Federal Unemployment Account	981	810	520
020–241600	Charges for Administrative Expenses of Social Security Act As Amended	770	854	890
020–310100	Recoveries from Federal Agencies for Settlement of Claims for Contract Disputes	55	55	55
020–311200	Reimbursement from Federal Agencies for Payments Made As a Result of Discriminatory Conduct	56	56	56
020–388500	Undistributed Intragovernmental Payments and Receivables from Cancelled Accounts	659

General Fund Intragovernmental payments		5,165	4,729	4,714

(1) none of the funds made available in this or any other Act may be used by the Department of the Treasury, including the Internal Revenue Service, to issue, revise, or finalize any regulation, revenue ruling, or other guidance not limited to a particular taxpayer relating to the standard which is used to determine whether an organization is operated exclusively for the promotion of social welfare for purposes of section 501(c)(4) of the Internal Revenue Code of 1986 (including the proposed regulations published at 78 Fed. Reg. 71535 (November 29, 2013)); and

(2) the standard and definitions as in effect on January 1, 2010, which are used to make such determinations shall apply after the date of the enactment of this Act for purposes of determining status under section 501(c)(4) of such Code of organizations created on, before, or after such date.

(a) Not later than 60 days after the end of each quarter, the Office of Financial Research shall submit reports on their activities to the Committees on Appropriations of the House of Representatives and the Senate, the Committee on Financial Services of the House of Representatives and the Senate Committee on Banking, Housing, and Urban Affairs.

(1) the obligations made during the previous quarter by object class, office, and activity;

(2) the estimated obligations for the remainder of the fiscal year by object class, office, and activity;

(3) the number of full-time equivalents within each office during the previous quarter;

(4) the estimated number of full-time equivalents within each office for the remainder of the fiscal year; and

(5) actions taken to achieve the goals, objectives, and performance measures of each office.

(c) At the request of any such Committees specified in subsection (a), the Office of Financial Research shall make officials available to testify on the contents of the reports required under subsection (a).

(a) None of the funds made available in this Act may be used by the Executive Office of the President to request—

(1) any official background investigation report on any individual from the Federal Bureau of Investigation; or

(2) a determination with respect to the treatment of an organization as described in section 501(c) of the Internal Revenue Code of 1986 and exempt from taxation under section 501(a) of such Code from the Department of the Treasury or the Internal Revenue Service.

(1) in the case of an official background investigation report, if such individual has given express written consent for such request not more than 6 months prior to the date of such request and during the same presidential administration; or

(2) if such request is required due to extraordinary circumstances involving national security.

(a)(1) Notwithstanding any other provision of law, an Executive agency covered by this Act otherwise authorized to enter into contracts for either leases or the construction or alteration of real property for office, meeting, storage, or other space must consult with the General Services Administration before issuing a solicitation for offers of new leases or construction contracts, and in the case of succeeding leases, before entering into negotiations with the current lessor.

(2) Any such agency with authority to enter into an emergency lease may do so during any period declared by the President to require emergency leasing authority with respect to such agency.

(b) For purposes of this section, the term "Executive agency covered by this Act" means any Executive agency provided funds by this Act, but does not include the General Services Administration or the United States Postal Service.

(a) There are appropriated for the following activities the amounts required under current law:

(A) with respect to the health benefits of retired employees, as authorized by chapter 89 of title 5, United States Code, and the Retired Federal Employees Health Benefits Act (74 Stat. 849); and

(B) with respect to the life insurance benefits for employees retiring after December 31, 1989 (5 U.S.C. ch. 87).

(4) Payment to finance the unfunded liability of new and increased annuity benefits under the Civil Service Retirement and Disability Fund (5 U.S.C. 8348).

(5) Payment of annuities authorized to be paid from the Civil Service Retirement and Disability Fund by statutory provisions other than subchapter III of chapter 83 or chapter 84 of title 5, United States Code.

(b) Nothing in this section may be construed to exempt any amount appropriated by this section from any otherwise applicable limitation on the use of funds contained in this Act.

(a) The head of each executive branch agency funded by this Act shall ensure that the Chief Information Officer of the agency has the authority to participate in decisions regarding the budget planning process related to information technology.

(b) Amounts appropriated for any executive branch agency funded by this Act that are available for information technology shall be allocated within the agency, consistent with the provisions of appropriations Acts and budget guidelines and recommendations from the Director of the Office of Management and Budget, in such manner as specified by, or approved by, the Chief Information Officer of the agency in consultation with the Chief Financial Officer of the agency and budget officials.

(a) None of the funds made available in this Act may be used to maintain or establish a computer network unless such network blocks the viewing, downloading, and exchanging of pornography.

(b) Nothing in subsection (a) shall limit the use of funds necessary for any Federal, State, tribal, or local law enforcement agency or any other entity carrying out criminal investigations, prosecution, adjudication activities, or other law enforcement- or victim assistance-related activity.

(1) the percentage of the total costs of the program or project which will be financed with Federal money;

(3) percentage and dollar amount of the total costs of the project or program that will be financed by non-governmental sources.

(a) in subsection (a)(2) of section 2107, by striking "the head of such agency has certified in writing to the Archivist" and inserting "the Archivist determines, after consulting with the head of such agency,";

(b) in subsection (d) of section 2904, by striking the first instance of "digital or electronic";

DEPARTMENT OF THE TREASURY

Departmental Offices

Federal Funds

salaries and expenses

OFFICE OF TERRORISM AND FINANCIAL INTELLIGENCE

SALARIES AND EXPENSES

CYBERSECURITY ENHANCEMENT ACCOUNT

DEPARTMENT-WIDE SYSTEMS AND CAPITAL INVESTMENTS PROGRAMS

(INCLUDING TRANSFER OF FUNDS)

Salaries and expenses

COMMITTEE ON FOREIGN INVESTMENT IN THE UNITED STATES FUND

(INCLUDING TRANSFER OF FUNDS)

TREASURY INSPECTOR GENERAL FOR TAX ADMINISTRATION

SALARIES AND EXPENSES

Terrorism Insurance Program

Treasury Forfeiture Fund

Financial Research Fund

Presidential Election Campaign Fund

Treasury Franchise Fund

Exchange Stabilization Fund

Economic Stabilization Program Account

Economic Stabilization Direct Loan Financing Account

Air Carrier Worker Support

Transportation Services Economic Relief

Coronavirus Relief Fund

Emergency Rental Assistance

Homeowner Assistance Fund

State Small Business Credit Initiative

Special Inspector General for Pandemic Recovery

Salaries and Expenses

Community Development Financial Institutions Fund Program Account

Community Development Financial Institutions Fund Direct Loan Financing Account

Community Development Financial Institutions Fund Program, Emergency Support

Emergency Capital Investment Fund

Community Financial Development Institutions Affordable Housing Supply Fund

(Legislative proposal, subject to PAYGO)

Office of Financial Stability

Troubled Asset Relief Program Account

Troubled Asset Relief Program Direct Loan Financing Account

Troubled Asset Relief Program Equity Purchase Program

Troubled Asset Relief Program Equity Purchase Financing Account

Troubled Asset Relief Program, Housing Programs

Troubled Asset Relief Program, Housing Programs, Letter of Credit Financing Account

special inspector general for the troubled asset relief program

salaries and expenses

Small Business Lending Fund Program Account

Small Business Lending Fund Financing Account

Social Impact Demonstration Projects

GSE Preferred Stock Purchase Agreements

GSE Mortgage-backed Securities Purchase Program Account

State HFA Direct Loan Financing Account

Trust Funds

Capital Magnet Fund, Community Development Financial Institutions

Gifts and Bequests

Financial Crimes Enforcement Network

Federal Funds

salaries and expenses

Fiscal Service

Federal Funds

SALARIES AND EXPENSES

Debt Collection Fund

Debt Collection Fund

(Legislative proposal, subject to PAYGO)

Reimbursements to Federal Reserve Banks

Payment to the Resolution Funding Corporation

Hope Reserve Fund

Federal Reserve Bank Reimbursement Fund

Payment of Government Losses in Shipment

Financial Agent Services

Interest on Uninvested Funds

Federal Interest Liabilities to States

Interest Paid to Credit Financing Accounts

Claims, Judgments, and Relief Acts

Restitution of Forgone Interest

Guam World War II Claims Fund

Continued Dumping and Subsidy Offset

Check Forgery Insurance Fund

Trust Funds

Cheyenne River Sioux Tribe Terrestrial Wildlife Habitat Restoration Trust Fund

Gulf Coast Restoration Trust Fund