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S.Res. 268 (116th): A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jun 27, 2019.

This resolution expresses the sense of the Senate that (1) the federal government should not redeem, assume, or guarantee any debt, including pension obligations, of a state; and (2) the Department of the Treasury should report to Congress any negotiations to engage in actions that would result in an outlay of federal funds on behalf of creditors of a state.