H.R. 1476 · 114th Congress
No Taxpayer Bailouts for Unsustainable State and Local Pensions Act
- Stage
- In committee
- Sponsor
- Brian Babin
- Introduced
- 2015-03-19
- Latest action
- 2015-11-16 · Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
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.