A bill to amend the State and Local Fiscal Assistance Act of 1972 to exempt any unit of local government which receives not more than $5,000 for the entitlement period from the requirement that reports of use of funds be published in a newspaper.

Exempts any unit of local government which receives not more than $5,000 for the entitlement period, under the State and Local Fiscal Assistance Act of 1973, from the requirement that reports of use of funds be published in a newspaper. Requires that a copy of such report be posted in a post office, or if there is no post office, at a public place within the geographical area. (Amends 31 U.S.C. 1241)