Sec. 2. Removal of restriction of use of Coronavirus State Fiscal Recovery funds
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/bill/117/s/3009/pcs/section-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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(2)of section 602(c) of the Social Security Act ( 42 U.S.C. 802(c) ) is amended to read as follows: No State or territory may use funds made available under this section for deposit into any pension fund. . Section 602 of such Act ( 42 U.S.C. 802 ) is further amended— in subsection (d)(2)(A), by striking , including, in the case of a State or a territory, all modifications to the State's or territory's tax revenue sources during the covered period ; in subsection (e), by striking such subsection, and all that follows through the period and inserting such subsection. ; and in subsection (g)— by striking paragraph (1); and by redesignating paragraphs
(2)through
(7)as paragraphs
(1)through (6), respectively. The amendments made by this section shall take effect as if enacted on March 12, 2021.
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Sec. 2
Removal of restriction of use of Coronavirus State Fiscal Recovery funds
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