Coronavirus State And Local Fiscal Recovery Funds | U.s. Department Of The Treasury

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Coronavirus State And Local Fiscal Recovery Funds | U.s. Department Of The Treasury. The treasury has announced the launch of the coronavirus state and local fiscal recovery funds to provide $350 billion in emergency funding for. To respond to the public health emergency or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid to impacted industries such as tourism, travel, and hospitality;

5302(a)(5) that are not metropolitan cities. Eligible state, territorial, metropolitan city, county, and tribal governments will be. On may 10, 2021, the u.s. Presentation mode open print download current view. The ratification of the historic coronavirus aid, relief, and economic security (cares) act floated a life raft of $2 trillion to $2.2 trillion 1 to many us businesses, families, and local governments reeling from the economic shutdown (exhibit). As of june 24, 2021. June 02, 2021 thumbnails document outline attachments. Federal policy issues, state & local policy issues. Go to first page go to last page. Treasury stated that section 9901 of arpa amended.

Department of treasury on may 10, 2021 provides that fiscal recovery funds must be used: Us treasury guidance providing details and clarification for each recipient’s compliance and reporting responsibilities under the coronavirus state and local fiscal recovery funds (slfrf) program established by the american rescue plan act of 2021. The american rescue plan act (arpa), which created the recovery funds, provides $350 billion in aid to state, local and tribal governments. On monday, the treasury released the guidance on how metropolitan cities 1 (entitlement cities) can use the coronavirus state and local fiscal recovery funds. The cares act established the $150 billion coronavirus relief fund. On may 10, 2021, the u.s. Territories (the commonwealth of puerto rico, the united states virgin islands, guam, american samoa, and the commonwealth of the northern mariana islands); Eligible state, territorial, metropolitan city, county, and tribal governments will be. Department of the treasury published its interim final rule to implement the coronavirus state fiscal recovery fund and the coronavirus local recovery fund (recovery funds). Treasury will be updating this document periodically in response to questions received from. Presentation mode open print download current view.