S. 4629
119th Congress
Senate
Government Bailout Prevention Act
Official title: 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 Reser… Show full official titleShow less
Official title: 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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 21, 2026
Introduced in Senate
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What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). S. 4629: Government Bailout Prevention Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-4629/
"S. 4629: Government Bailout Prevention Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-4629/.
S. 4629, 119th Cong. (2026), https://openamerica.io/bill/119-S-4629/.
[S. 4629: Government Bailout Prevention Act](https://openamerica.io/bill/119-S-4629/)