No Bailouts for Reparations Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2100 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 2100

  To prohibit the United States Government from providing bailouts or 
other financial assistance to any State or local government that enacts 
   any law providing reparations for slavery, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 14, 2025

  Mr. Babin introduced the following bill; which was referred to the 
              Committee on Oversight and Government Reform

_______________________________________________________________________

                                 A BILL


 
  To prohibit the United States Government from providing bailouts or 
other financial assistance to any State or local government that enacts 
   any law providing reparations for slavery, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``No Bailouts for Reparations Act''.

SEC. 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.
                                 <all>