Summary: H.R.6770 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.6770. Bill summaries are authored by CRS.

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Introduced in House (07/31/2008)

State and Local Economic Stimulus Act - Makes FY2009 appropriations to the Secretary of the Treasury to award one-time revenue grants to state governments for themselves as well as for redistribution to local governments.

Sets forth a schedule for allotments based upon relative population and Tier-1 and Tier-2 unemployment rates.

Requires a state or local government to use such funds to: (1) provide essential government services; (2) cover the costs of complying with any federal intergovernmental mandate for which the federal government has not provided funds; or (3) compensate for a decline in federal funding.