Title 42, The Public Health and WelfareRelease 119-73not60
§1397n–8 No Federal Funding for Credit Enhancements
Title 42 › Chapter 7— SOCIAL SECURITY › Subchapter XX— BLOCK GRANTS AND PROGRAMS FOR SOCIAL SERVICES AND ELDER JUSTICE › § 1397n–8
Summary
Money under this part must not buy insurance, guarantees, or other credit help that would cause federal payments if a state or local government fails to meet goals in a contract.
Full Legal Text
Title 42, §1397n–8
The Public Health and Welfare, Source: USLM XML via OLRC
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.
Reference
Citations & Metadata
Citation
42 U.S.C. § 1397n–8
Title 42, The Public Health and Welfare
Last Updated
Apr 5, 2026
Release point: 119-73not60