May 17 -- The Secretary of the Treasury (Treasury) invites public review and comment by July 16, 2021 of its interim final rule to implement distribution of $350 billion appropriated by Congress to the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan Act.
See
https://www.federalregister.gov/documents/2021/05/17/2021-10283/coronavirus-state-and-local-fiscal-recovery-funds
The 39-page notice poses 38 questions for public comment in the following categories:
II. Eligible Uses
A. Public Health and Economic Impacts (Q1-9)
B. Premium Pay (Q10-12)
C. Revenue Loss (Q13-17)
D. Investments in Infrastructure
1. WATER AND SEWER INFRASTRUCTURE (Q18-21)
2. BROADBAND INFRASTRUCTURE (Q22-26)
III. Restrictions on Use
A. Deposit Into Pension Funds (Q27)
B. Offset a Reduction in Net Tax Revenue (Q28-33)
IV. Recoupment Process (Q34)
VI. Transfer (Q35-36)
VII. Nonentitlement Units of Government (Q37-38)
