American Rescue Plan Implementation - July 2021 #2

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State Actions on Coronavirus Relief Funds | American Rescue Plan Overview

On March 10, 2021, Congress passed President Biden’s stimulus and COVID-19 relief package, the American Rescue Plan (ARP). The $1.9 trillion package provides additional funding for vaccination efforts, COVID-19 testing, state and local governments, stimulus checks, unemployment assistance, rental assistance, education, child care, and small businesses.

On May 10, 2021 the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. Treasury also released details on how these funds can be used to respond to acute pandemic response needs, fill revenue shortfalls among these governments, and support the communities and populations hardest-hit by the COVID-19 crisis. With the launch of the Coronavirus State and Local Fiscal Recovery Funds, eligible jurisdictions will be able to access this funding to address these needs.

Resources

Economic and Community Development Implementation

Recent News

Local Government Implementation Proposals and Plans

State Government Implementation Proposals and Plans

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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