S.963: Social Impact Partnerships to Pay for Results Act

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Bill Summary

Social Impact Partnerships to Pay for Results Act This bill allows the Department of the Treasury to enter into agreements with state and local governments for social-impact partnership projects for which federal funds shall be awarded only if a project achieves certain agreed-upon outcomes resulting in both social benefit and federal savings. In carrying out these agreements, Treasury must consult with the Federal Interagency Council on...

(Source: Library of Congress)

Bill Actions

Date Description
April 27, 2017
Read twice and referred to the Committee on Finance.
April 27, 2017

Introduced in the Senate by Todd Young (R-Ind.)

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