NO FEDERAL FUNDING FOR CREDIT ENHANCEMENTS[26]

Sec2059[42 U.S.C. 1397n-8]  No amount made available to carry out this subtitle 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.


[26]  P.L. 115–123 §50802(2) created a new Section 2059. Effective February 9, 2018.