A bill to amend the State and Local Fiscal Assistance Act of 1972 to provide for a single, annual lump sum payment of the revenue sharing entitlement amount where such amount does not exceed $4,000.

Amends the State and Local Fiscal Assistance Act of 1972 to require the Secretary of the Treasury to make a single payment to a unit of local government, for the entire entitlement period if the full amount of the entitlement for the period does not exceed $4,000.