I 116th CONGRESS 1st Session H. R. 4572 IN THE HOUSE OF REPRESENTATIVES September 27, 2019 Mr. Rooney of Florida introduced the following bill; which was referred to the Committee on Oversight and Reform , and in addition to the Committee on Financial Services , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To prohibit the provision of Federal funds to State and local governments for payment of obligations, to prohibit the Federal Reserve Banks, the Department of the Treasury, and other Federal agencies from financially assisting State and local governments that have defaulted on their obligations, and for other purposes.