An original resolution authorizing expenditures by the Committee on Banking, Housing, and Urban Affairs.

SRES 47 is a procedural resolution authorizing the Senate Committee on Banking, Housing, and Urban Affairs to manage its operating budget. It grants the committee authority to spend up to $16 million from the Senate's contingent fund between March 2023 and February 2025 for personnel, hearings, and investigations. The resolution sets specific annual spending limits, including caps on consultant fees ($20,000 annually) and staff training ($1,500 annually), while detailing payment procedures for committee expenses. This resolution directly affects the committee's internal operations but does not create new policy or impact the public.