Revenue Sharing for Public Assistance Act

[AI summary unavailable — showing source text] Revenue Sharing for Public Assistance Act - Authorizes appropriations beginning in fiscal year 1973 of such sums as may be necessary to carry out the provisions of this Act, and requires the preparation by the Secretary of Health, Education, and Welfare of an estimate of the States' need and the Federal share thereof. Authorizes block grants to the States (on the basis of a formula to be devised by the Secretary taking into consideration relative population, financial needs and public assistance caseloads and other pertinent factors) for supporting any public assistance program or programs the individual States may see fit to conduct. Provides that unobligated funds allotted to the State in a given fiscal year remain available for one additional year without reduction in the State's allotment for the subsequent year. Authorizes the Secretary of Health, Education and Welfare to determine each State's allotment, based on information provided by the State as to its own appropriations for public assistance, the number of people receiving public assistance and other pertinent data, as prescribed by the Act. Makes grants to the States on a quarterly basis. Provides that each State shall …