42 USC 1397n-8: No Federal funding for credit enhancements
Result 1 of 1
   
 
42 USC 1397n-8: No Federal funding for credit enhancements Text contains those laws in effect on May 7, 2024
From Title 42-THE PUBLIC HEALTH AND WELFARECHAPTER 7-SOCIAL SECURITYSUBCHAPTER XX-BLOCK GRANTS AND PROGRAMS FOR SOCIAL SERVICES AND ELDER JUSTICEDivision C-Social Impact Demonstration Projects
Jump To: Source Credit

§1397n–8. No Federal funding for credit enhancements

No amount made available to carry out this division 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.

(Aug. 14, 1935, ch. 531, title XX, §2059, as added Pub. L. 115–123, div. E, title VIII, §50802(2), Feb. 9, 2018, 132 Stat. 281 .)