WebAug 10, 2024 · Update: On January 6, 2024, the U.S. Department of the Treasury issued the Final Rule, which governs the eligible uses of Coronavirus State and Local Fiscal Recovery Funds (“SLFRF”) under the American Rescue Plan Act (“ARPA”).The Final Rule makes several key changes to the Interim Final Rule, including expanding the eligible … WebDepartment of Labor spending on American Rescue Plan Act’s worker protection provisions. Track how Department of Labor programs are spending $200,000,000 in supplemental funding to carry out worker protection activities, and for the Office of the Inspector General (OIG) for oversight of the Secretary’s activities to prevent, prepare for ...
Treasury Releases Updated FAQs Clarifying Use of ARPA Funds
WebFeb 10, 2024 · State governments and the District of Columbia will receive $195.3 billion of the state portion of the recovery funds over two tranche disbursements. Territories will receive a total of $4.5 billion in a single payment. Recipients must obligate the funds by Dec. 31, 2024, and spend them by Dec. 31, 2026. WebMar 21, 2024 · 1. Up to $10 million of ARPA allocation standard allowance, OR . 2. Calculate revenue loss with Treasury formula, with a new 5.2% default growth rate . Final Rule increases the “average annual growth … cologne to london heathrow
Treasury clarifies rules governing ARP revenue replacement
WebJun 1, 2024 · The Treasury Department has also developed FAQs related to the use of the Coronavirus State and Local Fiscal Recovery Funds. If you have general questions … WebAug 21, 2024 · As a recipient of an award under the American Rescue Plan Act’s (ARPA) Coronavirus State and Local Fiscal Recovery Funds (CSLFRF), recipients are required to comply with Treasury’s Final Rule. Among other requirements, the Final Rule states “most of the provisions of the Uniform Guidance (2 CFR Part 200) apply to this program, … WebMar 3, 2024 · On January 6, the U.S. Department of Treasury (Treasury) released the Final Rule and an Overview of the Final Rule document for the Coronavirus State and Local Fiscal Recovery Fund (Recovery Fund), a … cologne tufted track arm chair