H.R. 5937: Moving American Money Distant from Anti-National Interests Act

This bill, known as the "Moving American Money Distant from Anti-National Interests Act" or the "MAMDANI Act," proposes specific limitations on federal funding to New York City under certain conditions. The key aspects of the bill are as follows:

Title of the Bill

The bill may be referred to as the Moving American Money Distant from Anti-National Interests Act or the MAMDANI Act.

Limitations on Federal Funds

If Zohran Mamdani is serving as mayor of New York City, the bill stipulates two main actions regarding federal funding:

• Rescission of Unobligated Funds: Any unobligated federal funds that are available for use in New York City will be rescinded, meaning those funds cannot be used.
• Prohibition on Obligated Funds: No federal funds may be obligated or spent for any purpose in New York City during the time that Zohran Mamdani is mayor.

This effectively places a moratorium on federal funding in New York City contingent upon the tenure of a specific individual in the mayor's office.

Committee Referrals

The bill was introduced and subsequently referred to the Committee on Oversight and Government Reform, and also to the Committee on Appropriations, for consideration based on their respective jurisdictions.

Implications

The implications of this bill suggest a significant reduction in federal funding opportunities for New York City during Mamdani's tenure as mayor. This could affect various programs and services that rely on federal financial support, influencing areas such as infrastructure, public services, education, and emergency management.

Relevant Companies

None found