H.R.6770 - State and Local Economic Stimulus Act110th Congress (2007-2008)
|Sponsor:||Rep. Weiner, Anthony D. [D-NY-9] (Introduced 07/31/2008)|
|Committees:||House - Oversight and Government Reform|
|Latest Action:||07/31/2008 Referred to the House Committee on Oversight and Government Reform. (All Actions)|
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Summary: H.R.6770 — 110th Congress (2007-2008)All Bill Information (Except Text)
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.