SB4629Introduced in the Senate
Government Bailout Prevention Act
Introduced by Todd Young, District IN
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 21, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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