MI HR0267

Urges Congress to reject federal bailout funding for states experiencing revenue shortfalls from COVID-19 pandemic-related economic disruptions.

Notes that states have already received significant federal pandemic relief through the CARES Act, which provided $150 billion in Coronavirus Relief Fund and additional education and election security funding.

Argues that fiscally responsible states like Michigan have accumulated rainy day funds and avoided significant debt, making them capable of managing revenue declines without federal assistance.

Contends that bailing out states with irresponsible fiscal policies and pension obligations would incentivize poor budgeting practices and unfairly burden federal taxpayers.

Directs the Michigan House to transmit copies of this resolution to the Speaker of the U.S. House, President of the U.S. Senate, and Michigan's congressional delegation.