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.
USA119th CongressHR-9324| House
| Updated: 6/15/2026
W. Gregory Steube
Republican Representative
Florida
Cosponsors (2)
Financial Services Committee, Oversight and Government Reform Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Timeline
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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.
USA119th CongressHR-9324| House
| Updated: 6/15/2026
Timeline
Introduced in House
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
W. Gregory Steube
Republican Representative
Florida
Cosponsors (2)
Financial Services Committee, Oversight and Government Reform Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted