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- S.184
S.184: A bill to prohibit taxpayer bailouts of fiscally irresponsible State and local governments.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 25, 2011
- Latest Major Action Jan. 25, 2011
Bill Sponsor
Bill Summary
Prohibits the use of federal funds to purchase or guarantee obligations of, issue lines of credit to or provide direct or indirect grants-and-aid to, any state, municipal, local, or county government which a nationally recognized statistical rating organization has determined has defaulted on its obligations or is likely to default, without such federal assistance. Prohibits the Secretary of the Treasury from using, directly or indirectly,...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Jan. 25, 2011 |
Introduced in the Senate by John Ensign (R-Nev.) |