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United States · Bill · HR

H.R. 578 (100th)

Targeted Fiscal Assistance Act of 1987

referredUnited States· United States Congress· EN

Introduced

8 January 1987

Last action

20 January 1987 · Referred

Status

Referred to Subcommittee on Human Resources and Intergovernmental Relations.

Sponsors

Rep. McEwen, Bob [R-OH-6], Rep. Ridge, Thomas J. [R-PA-21], Rep. Weber, Vin [R-MN-2], Rep. Davis, Robert W. [R-MI-11], Rep. Hamilton, Lee H. [D-IN-9], Rep. Traxler, Bob [D-MI-8], Rep. Nowak, Henry [D-NY-33], Rep. Clinger, William F., Jr. [R-PA-5], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Conyers, John, Jr. [D-MI-13], Rep. Robinson, Tommy F. [D-AR-2], Rep. Applegate, Douglas [D-OH-18], Rep. Lukens, Donald E. [R-OH-8], Rep. Schuette, Bill [R-MI-10], Rep. McCloskey, Frank [D-IN-8], Rep. Emerson, Bill [R-MO-8], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Upton, Fred [R-MI-6], Rep. Yatron, Gus [D-PA-6], Rep. Hayes, Charles A. [D-IL-1], Rep. Holloway, Clyde [R-LA-8], Rep. Lancaster, H. Martin [D-NC-3], Rep. Eckart, Dennis E. [D-OH-11], Rep. Espy, Mike [D-MS-2]

Subjects

Taxation

Source updated

28 August 2025

Taxation

Official sourceView documentsShare

Summary

Targeted Fiscal Assistance Act of 1987 - Amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to repeal provisions that terminated the general revenue sharing program. Restores program provisions as they existed before enactment of such Act. Replaces the general revenue sharing program with the Targeted Fiscal Assistance (TFA) program. Authorizes appropriations for TFA for FY 1987 through 1989. Provides for special allocations of TFA funds for Indian tribes, Alaskan native villages, and the District of Columbia. Directs the Secretary of the Treasury to allocate TFA funds to each State (for subsequent allocation to local governments) according to a specified formula based on the need factor, the general tax effort factor, and the relative fiscal gap factor, as defined in this Act, for each State. Entitles local governments to a portion of such State funds according to a specified formula based on the following factors, as defined in this Act, for each unit of local government relative to all units in such State: (1) the unit's population; (2) the unit's general tax effort factor; and (3) the unit's relative income factor. Eliminates provisions allowing State variation of local government allocations. Revises procedures for determining maximum and minimum limitations on local government entitlements.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 8 January 1987

    Introduced

    Referred to House Committee on Government Operations.

    Source: IntroReferral

  2. 8 January 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 8 January 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 20 January 1987

    Referred

    Referred to Subcommittee on Human Resources and Intergovernmental Relations.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

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Sponsors

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Sources

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