No Bailouts for Reparations Act

HR 2100, the "No Bailouts for Reparations Act," prohibits the U.S. government from providing any federal loans, grants, or financial assistance to state or local governments that enact reparations programs based on slavery, race, ethnicity, national origin, or related historical practices. This directly affects states, cities, or territories (including Puerto Rico and Guam) that pass such reparations laws, blocking federal funding for these programs. The bill’s key provision (Section 2(a)) explicitly bans all federal financial support from entities like the Federal Reserve or independent agencies for these specific programs. It applies only to the government unit that enacts the reparations program, not to other entities. The law focuses on preventing federal financial backing for reparations initiatives, without addressing the programs themselves.