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

SRES 58 authorizes the Senate Committee on Banking, Housing, and Urban Affairs to spend up to $5.1 million (March-September 2025), $8.8 million (October 2025-September 2026), and $3.7 million (October 2026-February 2027) from the Senate's operating funds for its operations. The funds cover committee staff salaries, consultant services (with annual caps of $11,666, $20,000, and $8,334), and staff training (with caps of $875, $1,500, and $625). The resolution also streamlines payments for routine expenses like telecommunications and stationery without requiring formal vouchers. This procedural resolution solely affects the committee's internal budgeting and does not create new laws or impact the public.