Timothy J. Horstmann of McNees Wallace & Nurick. The American Rescue Plan Act of 2021. Here's What to Expect.
With the U.S. Department of the Treasury mandated to pay out a substantial portion of the funds within 60 days of the enactment of ARPA, Pennsylvania and its municipalities might see initial funding from ARPA as early as May.
April 08, 2021 at 11:49 AM
7 minute read
On March 11, President Joe Biden signed into law the American Rescue Plan Act of 2021 (ARPA), which provides for almost $2 trillion of new federal spending to combat the ongoing impact of the COVID-19 pandemic. Of particular interest for Pennsylvania is the approximate $350 billion of new funding appropriated to tribal governments, states, territories, and local governments, $14 billion of which is estimated to be received by Pennsylvania and its municipalities. With the U.S. Department of the Treasury mandated to pay out a substantial portion of the funds within 60 days of the enactment of ARPA, Pennsylvania and its municipalities might see initial funding from ARPA as early as May.
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