House Passes Extension to Use of CARES Act Funds, Goes to Senate for Consideration

Schwabe, Williamson & Wyatt PC
Contact

Schwabe, Williamson & Wyatt PC

On Wednesday, December 8, 2021, the House of Representatives passed H.R. 5119. This bill extends the deadline for Tribal governments (which includes Alaska Native Corporations (“ANCs”)), to use CARES Act funds from December 31, 2021 to December 31, 2022. 

The Senate had previously passed S.3011 on October 19, 2021, which also extended the deadline for Tribal governments (including ANCs) to use CARES Act funds from December 31, 2021 to December 31, 2022. S. 3011, however, contained additional changes to the American Rescue Plan Act, including expanding the eligible uses of ARPA funds by Tribal governments. H.R. 5119 does not contain those additional provisions. 

Accordingly, no extension to the deadline for Tribes and ANCs to use CARES Act funds has been enacted. Because the House of Representatives did not pass S. 3011, but instead passed H.R. 5119, and H.R. 5119 contains different provisions than S.3011 (or rather does not contain all of S.3011’s provisions), H.R. 5119 must now go to the Senate for consideration and passage prior to becoming law. 

We will continue to monitor the situation and update you on the status of H.R. 5119 and S.3011.

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.

© Schwabe, Williamson & Wyatt PC | Attorney Advertising

Written by:

Schwabe, Williamson & Wyatt PC
Contact
more
less

Schwabe, Williamson & Wyatt PC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide