Bill Title: A bill to prohibit the provision of Federal funds to State and local governments for payment of obligations, to prohibit the Board of Governors of the Federal Reserve System from financially assisting State and local governments, and for other purposes.

Spectrum: Partisan Bill (Republican 20-0)

Status: (Introduced - Dead) 2011-02-01 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. [SB251 Detail]

Text: Latest bill text (Introduced) [PDF]

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