NSITE DOCUMENT
SLFRF-Final-Rule-FAQ.pdf
- Library: Purchissues
- Year Created: 2022
- File Type: PDF
The document provides detailed information on the Coronavirus State and Local Fiscal Recovery Funds (SLFRF) Final Rule, effective from April 1, 2022. It outlines the eligibility criteria for governments to receive funds directly from the Treasury, including states, territories, tribal governments, counties, metropolitan cities, and non-entitlement units. Special-purpose units of local government are not eligible recipients under the SLFRF program. Recipients are encouraged to consider various eligible use categories for the funds, such as replacing lost public sector revenue, supporting COVID-19 response, providing premium pay for essential workers, and investing in water, sewer, and broadband infrastructure. Recipients are advised to assess whether specific expenditures align with the eligible use categories outlined in the final rule. The document also addresses FAQs related to fund distribution, taxability, reporting, and allowable expenditures under the SLFRF program.