United States · 119th Congress
HR 9324
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.
Bill record: Congress.gov API US-GOV-PD
Summary AI-generated
HR 9324 proposes to prohibit the provision of Federal funds to State and local governments and school districts for payment of obligations. The bill also seeks to bar the Federal Reserve banks, the Department of the Treasury, and other Federal agencies from financially assisting these entities if they have defaulted on their obligations. The legislation was referred to the Committee on Oversight and Government Reform and the Committee on Financial Services for consideration.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Congress.gov API US-GOV-PD GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Latest action
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. Jun 15, 2026
Sponsors
- W. Gregory Steube Republican lead