This bill amends the Omnibus Crime Control and Safe Streets Act of 1968 to establish new eligibility requirements for federal crime control grants. Its primary purpose is to prevent the Attorney General from awarding, renewing, or extending certain grants to jurisdictions that adopt specific policies related to criminal justice. Specifically, the bill prohibits funding for States or local governments that have policies substantially limiting cash bail as a condition for individuals charged with "covered offenses," which include violent, sexual, and public disorder crimes. It also targets jurisdictions that permit judges to grant pretrial release on personal recognizance to individuals previously convicted of a felony. Furthermore, the legislation restricts grants to urbanized local governments that have reduced their law enforcement agency's budget in the preceding fiscal year, unless such a reduction is part of a proportional overall budget shortfall across all government departments.