S. 4629119th CongressSenate Bill
A bill to prohibit the provision of Federal funds to State and local governments and school districts for payment of obligations, to prohibit the Federal Reserve banks, the Department of the Treasury, and other Federal agencies from financially assisting State and local governments and school districts that have defaulted on their obligations, and for other purposes.
Introduced in the Senate
Introduced May 21, 2026
1
Introduced2
Passed Senate3
Passed House4
Became Law1
Introduced
Filed in the Senate
2
Passed Senate
3
Passed House
4
Became Law
This senate bill has been filed and is working its way through Congress. It will need to pass both the Senate and the House, then be signed by the President to become law.
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