New U.S. Treasury final rule supports state and local spending for an equitable economic recovery
CFO News Room
FEBRUARY 2, 2022
Department of the Treasury last week released its final rule for the $350 billion in State and Local Fiscal Relief Funds (SLFRF) provided by the American Rescue Plan Act (ARPA). The rule also encourages state and local governments to spend the fiscal relief rapidly and directly, prioritizing economic recovery and equity.
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