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). This final rule replaces the interim final rule that has been in place since May 2021, and in this final guidance from Treasury, three new elements stand out.
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