Q: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
SECTION 1. FINDINGS.

The Congress finds the following:
(1) The President has proposed a multibillion dollar
reconstruction project for Iraq.
(2) The President's plan includes resources to rebuild
potable water and wastewater treatment facilities; schools and
health facilities; ports and airports; the electric power
system, roads, and bridges; railroad infrastructure; solid
waste management services; irrigation systems; and selected
local government buildings.
(3) State and local governments in the United States have
their own unmet infrastructure and social services needs.
(4) State and local governments represent a significant
segment of the national economy whose economic health is
essential to national economic prosperity.
(5) Present national economic problems have imposed
considerable hardships on State and local government budgets.
(6) Those governments, because of their own fiscal
difficulties, are being forced to take budget-related actions
which tend to undermine Federal Government efforts to stimulate
the economy.
(7) Efforts to stimulate the economy through reductions in
Federal Government tax obligations or increased spending on
Federal programs are weakened when State and local governments
are forced to increase taxes or cut spending.
(8) Efforts by the Federal Government to stimulate the
economic recovery will be substantially enhanced by a program
of emergency Federal Government assistance to State and local
governments to help prevent those governments from taking
budget-related actions which undermine the Federal Government
efforts to stimulate economic recovery.
(9) State and local governments deserve, at a minimum, the
same level of Federal investment to address infrastructure and
social services shortfalls as the amount of relief and
reconstruction funds provided to Iraq.

SEC. 2. FINANCIAL ASSISTANCE AUTHORIZED.

(a) Payments to State and Local Governments.--The Secretary of the
Treasury shall, in accordance with the provisions of this Act, make
payments to States and local governments to coordinate budget-related
actions by such governments with Federal Government efforts to
stimulate economic recovery.
(b) Authorization of Appropriation.--There is authorized to be
appropriated to the Secretary of the Treasury for fiscal year 2003 for
payments under this Act an amount equal to at least the total amount
appropriated for fiscal year 2003 under the heading ''Iraq Relief and
Reconstruction Fund'' in the Emergency Wartime Supplemental
Appropriations Act, 2003, and any amounts appropriated for such Fund in
any subsequent appropriation Act. Such amounts shall be in addition to,
and not in lieu of, other amounts appropriated for payments to States
and local governments.
(c) Availability to Local Governments.--Not less than one-third of
the amount appropriated pursuant to the authorization in subsection (b)
shall be made available to local governments under the applicable laws
of a given State.

SEC. 3. ALLOCATION.

The Secretary of the Treasury shall establish a formula, within 30
days after the date of the enactment of this Act, for determining the
allocation of payments under this Act. The formula shall give priority
weight to the following factors:
(1) The unemployment rate in relation to the national
average unemployment rate.
(2) The duration of the unemployment rate above such
average.
(3) Median income.
(4) Population.
(5) The poverty rate.

SEC. 4. USE OF FUNDS BY STATE AND LOCAL GOVERNMENTS.

(a) In General.--Funds received under this Act may be used only for
priority expenditures. For purposes of this Act, the term ''priority
expenditures'' means only--
(1) ordinary and necessary maintenance and operating
expenses for--
(A) primary, secondary, or higher education,
including school building renovation;
(B) public safety;
(C) public health, including hospitals and public
health laboratories;
(D) social services for the disadvantaged or aged;
(E) roads, transportation, and water
infrastructure; and
(F) housing; and
(2) ordinary and necessary capital expenditures authorized
by law.
(b) Certifications by State and Local Governments.--The Secretary
of the Treasury may accept a certification by the chief executive
officer of a State or local government that the State or local
government has used the funds received by it under this Act only for
priority expenditures, unless the Secretary determines that such
certification is not sufficiently reliable to enable the Secretary to
carry out this Act. The Secretary shall prescribe by rule the time and
manner in which the certification must be filed.
A:
Directs the Secretary of the Treasury to make payments to States and local governments to coordinate their budget-related actions with Federal Government efforts to stimulate the economy. Authorizes appropriations for FY 2003 for such payments in an amount equal to the total amount appropriated for for FY 2003 for the Iraq Relief and Reconstruction Fund in the Emergency Wartime Supplemental Appropriations Act, 2003, and subsequent appropriations Acts. Requires not less than one-third of such amount to be made available to local governments. Requires the Secretary to establish a formula for determining the allocation of payments, with priority consideration to the relative unemployment rate, median income, population, and poverty rate. Permits the use of funds received by States and local governments only for: (1) ordinary and necessary maintenance and operating expenses for education, public safety, public health, social services, roads, transportation, water infrastructure, and housing; and (2) ordinary and necessary capital expenditures authorized by law.