Federal Funds

How the laws define this

Both instruments establish that federal funds are financial resources provided by the United States federal government to agencies, states, or other entities. Where they diverge is in how specifically they restrict the application and scope of these resources. Under the GUARDRAILS Act, the definition explicitly specifies that these funds are for the implementation, administration, or enforcement of policies and programs, and notes an intent to prevent their use for the repealed Executive Order. In contrast, the States' Right to Regulate AI Act provides a concise definition limited solely to financial resources provided by the United States federal government to states, agencies, or other entities, without incorporating functional obligations or explicit restrictions regarding executive orders. Entities analyzing applicability must recognize that while both provisions cover identical providers and recipients, the GUARDRAILS Act attaches specific administrative scope and prohibitive intent to the resources.

Synthesised from the 2 statutory definitions below. Each one is quoted in full, with its source.