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Bill116th CongressFiled Jun 27, 2019Government Operations and Politics
S.Res. 268

A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (Jun 27, 2019)

This resolution expresses the sense of the Senate that (1) the federal government should not redeem, assume, or guarantee any debt, including pension obligations, of a state; and (2) the Department of the Treasury should report to Congress any negotiations to engage in actions that would result in an outlay of federal funds on behalf of creditors of a state.

What just happenedJun 27, 2019

Referred to the Committee on Finance. (text: CR S4636)

Who’s behind it

Sen. Cotton, Tom [R-AR](R-AR)Sponsor
Read on Congress.gov
1committees2actions8subjects
  1. Jun 27, 2019IntroReferral

    Referred to the Committee on Finance. (text: CR S4636)

    Finance Committee
  2. Jun 27, 2019IntroReferral10000

    Introduced in Senate

A resolution expressing the sense of the Senate that the Federal Government should not bai… — Informed