42 USC 1397n-8: No Federal funding for credit enhancements
Text contains those laws in effect on December 20, 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
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§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