HR. 9324In Committee
Government Bailout Prevention Act
Prohibit federal funds and federal financial assistance for state and local governments and school districts to pay or back obligations after default
Plain-English overview
What this bill does
Prohibit federal funds and federal financial assistance for state and local governments and school districts to pay or back obligations after default
Key points
- Prohibit federal funds for obligations
- Prohibit federal assistance
Current status
Where it stands
Status
In Committee
Latest action
2026-06-15 — Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related context
Topics and policy areas
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