119-HR2100
No Bailouts for Reparations Act
Last action was on 3-14-2025
SenateCurrent status is Referred to the House Committee on Oversight and Government Reform.
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119th CONGRESS
1st Session
H. R. 2100
1. Short title2. Prohibition on bailouts for State and local governments carrying out reparations programs1. Short title
This Act may be cited as the "No Bailouts for Reparations Act" .
2. Prohibition on bailouts for State and local governments carrying out reparations programs
(a) In general - The United States Government, including the Federal Reserve System and independent agencies, may not provide any loan, grant, or other form of financial assistance to the government of any State or political subdivision thereof, or any agency or instrumentality of such a State or political subdivision, that enacts into law any program providing reparations on the basis of—
(1) - slavery; or
(2) - race, ethnicity, national origin, or historical practices related thereto.
(b) Application - Subsection (a) shall only apply to the unit of government so enacting a reparations program.
(c) Definition - For purposes of this section, the term "State" means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, American Samoa, Guam, and the Northern Mariana Islands, or any other territory or possession of the United States.