S.RES.188: A resolution opposing State bailouts by the Federal Government.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about economics and public finance
  • Introduced May 18, 2011
  • Latest Major Action May 18, 2011

Bill Summary

States that the federal government should take no action to redeem, assume, or guarantee state debt, and that the Secretary of the Treasury should report to Congress negotiations to engage in actions that would result in an outlay of federal funds on behalf of creditors to a state.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Banking, Housing, and Urban Affairs.
May 18, 2011

Introduced in the Senate by Mark Steven Kirk (R-Ill.)

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