No Taxpayer Bailouts for Unsustainable State and Local Pensions Act

Fact Sheet API

Bill Number

HR 1476

Introduced

Mar 19, 2015

Latest Action

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Sponsor

Cosponsors

Topics

Employee benefits and pensions Government employee pay, benefits, personnel management Government lending and loan guarantees Labor and Employment State and local government operations

Full Text

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Votes

Summary

No Taxpayer Bailouts for Unsustainable State and Local Pensions Act

This bill prohibits the Secretary of the Treasury and the Board of Governors of the Federal Reserve System from providing loans, grants, or other forms of financial assistance to state and local government pension plan funds.

Actions

Nov 16, 2015

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Mar 19, 2015

Referred to the Committee on Education and the Workforce, 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.
Mar 19, 2015

Introduced in House

Amendments

Related Bills