Federal · 119th Congress
Government Bailout Prevention Act
Policy areaEconomics and Public Finance
The Congressional Research Service has not published a summary of this measure.
Read the text of the bill →Sponsor
Cosponsors6
Other titles2
A bill 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.Official Title as Introduced
Government Bailout Prevention ActShort Title(s) as Introduced
Legislative history1
May 21, 2026
SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.