HR 3007
111th Congress
House
Economics and Public Finance
Appropriations
Government trust funds
Intergovernmental relations
State and local finance
Local Fiscal Assistance Act of 2009
Introduced: June 23, 2009
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 2009
Referred to the Subcommittee on Government Management, Organization, and Procurement.
Jun 23, 2009
Referred to the House Committee on Oversight and Government Reform.
Jun 23, 2009
Introduced in House
Plain-English summary
Local Fiscal Assistance Act of 2009 - Requires the Secretary of the Treasury (or delegate) to make entitlement payments out of the Local Government Fiscal Assistance Trust Fund (established by this Act), in periodic installments through FY2011, to local governments.
Requires the use of such funds only for specified priority ordinary and necessary maintenance and operations and capital expenditures.
Establishes in the Treasury the Local Government Fiscal Assistance Trust Fund.
Makes appropriations to the Trust Fund through FY2011.
Prescribes allocation formulas for distributing entitlement payments among states and their local governments.
What's happening now
Referred to the Subcommittee on Government Management, Organization, and Procurement.
Committees of jurisdiction
2