Section 1. Short title
This Act may be cited as the Protect Local Funding Act.
Section 2. Prohibition against finalizing, implementing, or enforcing a proposed rule with respect to Federal financial assistance
The Director of the Office of Management and Budget, and the head of any other Federal agency, may not finalize, implement, or enforce the proposed rule titled Regulation for Federal Financial Assistance published in the Federal Register on May 29, 2026, (91 Fed. Reg. 32198), or any substantially similar rule.