On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 ("ARPA"), which contains $1.9 trillion in overall national spending to support relief and economic recovery efforts. ARPA provides a total of $350 billion in assistance to states, counties, municipalities, territories and tribal governments to cover expenses, make up for lost revenue and ease the overall economic impact from the COVID-19 pandemic.
Use of Funds
Michigan will receive a total of $10.6 billion in state and local relief, with $6.6 to be distributed to the state government and $4 billion allocated to local governments within the state. Illinois will receive $13 billion total, with $7.5 billion going to the state government and $5.5 billion allocated to local governments.