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119th Congress

H.R. 9324

Government Bailout Prevention Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
W. Gregory Steube(R-FL)
Introduced
Jun 15, 2026
Policy area
Economics and Public Finance
Committees
House Committee on Financial Services; House Committee on Oversight and Government Reform
Official text
Introduced in House · Congress.gov page

Cosponsors (3)

Original cosponsors (2)

Added later (1)

Summary

No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.

Official title: 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.

Latest action(Jun 15, 2026): 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.

Read the official text

Roll-call votes

No recorded votes on this bill.

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