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H.R. 9324 119th Congress House

Government Bailout Prevention Act

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 bank… Show full official titleShow less

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.

Introduced: June 15, 2026 Introduced by: W. Gregory Steube Republican · Florida See on congress.gov
Economics and Public Finance
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
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.
Jun 15, 2026
Introduced in House
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What's happening now June 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.

 Related & companion bills 1
  • S 4629 Identical bill Government Bailout Prevention Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Republican 3
R
Harrigan, Pat
North Carolina · Jun 24, 2026
 R
Perry, Scott
Pennsylvania · Jun 15, 2026
 R
Self, Keith
Texas · Jun 15, 2026
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 9324: Government Bailout Prevention Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-9324/
MLA
"H.R. 9324: Government Bailout Prevention Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-9324/.
Bluebook (legal)
H.R. 9324, 119th Cong. (2026), https://openamerica.io/bill/119-HR-9324/.
Markdown link
[H.R. 9324: Government Bailout Prevention Act](https://openamerica.io/bill/119-HR-9324/)
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