Timothy J. Horstmann of McNees Wallace & Nurick. Treasury Issues Final Rule on Expenditure of State and Local Coronavirus Recovery Funds
The final rule updates the rules governing the expenditure of funds received by public entities under the program.
February 03, 2022 at 11:56 AM
8 minute read
The U.S. Department of the Treasury recently published its final rule implementing the coronavirus state and local fiscal recovery funds (SLFRF) program established by the American Rescue Plan Act of 2021 (ARPA). The final rule adopts with amendments to the interim final rule published by the Treasury on May 17, 2021. The final rule updates the rules governing the expenditure of funds received by public entities under the program.
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