H.R. 1301 reflects the final, bicameral agreement on fiscal year 2017 Department of Defense spending.
If enacted, H.R. 1301 would result in discretionary budget authority of $577.9 billion. The agreement includes savings of $1.155 billion from lower-than-expected fuel costs, $157 million due to favorable economic conditions, and $4.76 billion is savings from rescissions of unused prior-year funding.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Feb 10, 2018.
(This measure has not been amended since it was passed by the Senate on February 9, 2018. The summary of that version is repeated here.)
Continuing Appropriations Amendments Act, 2018
(Sec. 101) This bill amends the Continuing Appropriations Act, 2018 to: (1) compensate employees furloughed as a result of any lapse in appropriations which began on or about February 9, 2018; and (2) ratify and approve certain obligations incurred in anticipation of the appropriations and authority provided by the Continuing Appropriations Act, 2018.
(Sec. 102) The bill also specifies that the time covered by the Continuing Appropriations Act, 2018 includes the period that began on or about February 9, 2018, during which there was a lapse in appropriations.