Bill 118 hjres 110, also known as the "Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to 'Coronavirus State and Local Fiscal Recovery Funds'", is a piece of legislation that aims to challenge a rule proposed by the Department of the Treasury regarding the distribution of funds allocated for state and local governments in response to the COVID-19 pandemic.
The rule in question, known as the "Coronavirus State and Local Fiscal Recovery Funds", outlines the guidelines and criteria for how these funds should be distributed to state and local governments to help them recover from the economic impact of the pandemic. However, some members of Congress believe that the rule is flawed or unfair in some way, and are seeking to disapprove of it through the Congressional Review Act.
If this bill is passed, it would effectively nullify the Department of the Treasury's rule and prevent it from being implemented. This could have significant implications for how the funds are distributed and used by state and local governments, as well as for the overall economic recovery efforts in response to the pandemic.
Overall, Bill 118 hjres 110 is a significant piece of legislation that highlights the ongoing debates and challenges surrounding the distribution of COVID-19 relief funds and the role of Congress in overseeing and approving government regulations.