A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S6237)
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Aug 1, 2013
States that: (1) the federal government should take no action to redeem, assume, or guarantee any state debt; and (2) the Secretary 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 state creditors.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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