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Home » Treasury Finalizes Rule for $350 Billion State & Local COVID-Relief Fund
Infrastructure

Treasury Finalizes Rule for $350 Billion State & Local COVID-Relief Fund

January 27, 2022Updated:December 5, 2023No Comments1 Min Read
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Accepts Many AGC Recommendations On January 27, the Department of the Treasury finalized its rule for distributing $350 billion to state, local and territorial governments. These recovery funds originated from President Biden’s $1.9 trillion COVID-19 relief law, American Rescue Plan Act. AGC’s regulatory comments urged Treasury to include: 1) Expanded eligibility for infrastructure investments and related...

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