US SR268 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Referred to the Committee on Finance. (text: CR S4636)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Referred to the Committee on Finance. (text: CR S4636)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.
Sponsors
| Sen. Tom Cotton [R-AR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-27 | Senate | Referred to the Committee on Finance. (text: CR S4636) |
Subjects
Budget deficits and national debt
Congressional oversight
Employee benefits and pensions
Government employee pay, benefits, personnel management
Government lending and loan guarantees
Government operations and politics
Intergovernmental relations
State and local finance
State and local government operations
Congressional oversight
Employee benefits and pensions
Government employee pay, benefits, personnel management
Government lending and loan guarantees
Government operations and politics
Intergovernmental relations
State and local finance
State and local government operations
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-resolution/268/all-info |
| Text | https://www.congress.gov/116/bills/sres268/BILLS-116sres268is.pdf |
