SRES 268
116th Congress
Senate
Government Operations and Politics
Budget deficits and national debt
Congressional oversight
Employee benefits and pensions
Government employee pay, benefits, personnel management
Government lending and loan guarantees
Intergovernmental relations
State and local finance
State and local government operations
A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2019
Referred to the Committee on Finance. (text: CR S4636)
Jun 27, 2019
Introduced in Senate
Plain-English summary
This resolution expresses the sense of the Senate that (1) the federal government should not redeem, assume, or guarantee any debt, including pension obligations, of a state; and (2) the Department 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 creditors of a state.
What's happening now
Referred to the Committee on Finance. (text: CR S4636)
Committees of jurisdiction
1