Resolution to provide for the expenses of the Committee on Banking, Currency and Housing for the investigations and studies to be conducted pursuant to rule XI of the Rules of the House of Representatives.

Proposes that, effective January 3, 1975, the expenses of the investigations and studies to be conducted by the House Committee on Banking, Currency and Housing shall be paid out of the contingent fund of the House. Directs that not to exceed $1,797,000 shall be allowed for such purposes. Specifies that not to exceed $100,000 of such amount may be used to procure the services of consultants.

States that no part of the funds authorized by this resolution shall be available for expenditures in connection with the investigation of any subject which is being investigated for the same purpose by any other committee.