Pub. L. 74-271, tit. XX, subtit. C, sec. 2059 (as amended)

no federal funding for credit enhancements

Year: 2026Length: 70 wordsOfficial source
no federal funding for credit enhancements Sec. 2059. [42 U.S.C. 1397n–8] No amount made available to carry out this subtitle may be used to provide any insurance, guarantee, or other credit enhancement to a State or local government under which a Federal payment would be made to a State or local government as the result of a State or local government failing to achieve an outcome specified in an agreement.
Cross-references to the US Code
42 U.S.C. 1397n–8
Pub. L. 74-271, tit. XX, subtit. C, sec. 2059 (as amended): no federal funding for credit enhancements | Justis AI