American Rescue Plan Act

The American Rescue Plan Act

The American Rescue Plan Act (ARPA) passed on March 10, 2021, and was signed into law on March 11, 2021. Within the Act, the Coronavirus Local Fiscal Recovery Fund provides $350 billion for states, municipalities, counties, tribes, and territories, including $130 billion for local governments split evenly between municipalities and counties. There are two high level summaries of the bill available: Title by Title Bill Summary and State and Local Fiscal Recovery Funds Fact Sheet.

Compliance and Reporting: Updated Links

Updated Compliance and Reporting Guidance. This Reporting Guidance includes updates to reporting requirements to reflect the final rule that Treasury adopted on January 6, 2022 and took effect on April 1, 2022.  For annual filers, these updates take effect for the next Project and Expenditure Report due by April 30, 2023, and there is no action currently required.

Updated Recovery Plan template (only required for Tier 1 recipients). Tier 1 recipients are states, U.S. Territories, and metropolitan cities and counties with a population that exceeds 250,000 residents.

Second Tranche Distributions

According to statute, the second tranche payment for local governments will be made available no earlier than 12 months after the first tranche payment was made. Therefore, the second tranche payment for localities will occur on or around (but not before) the first tranche payment date in 2022.

Once the recipient has successfully completed their submission in the Treasury Submission Portal, the submission will undergo payee verification review. The submission and payee verification review process generally takes approximately four business days. During that time, the designated point of contact will receive an email if there is an issue regarding the submission that needs correction or clarification. If the information and documentation submitted is determined to be complete and accurate, the designated point of contact will receive confirmation including the projected timing for payment.

Recipients can monitor the status of their submission at any time by logging into the Treasury Submission Portal. As a note, recipients who received their first tranche payment in May (and have successfully submitted and passed payee verification checks) can expect to have their second tranche payment scheduled next week. Funds are generally deposited within 1-2 business days of the date payment is scheduled.

IMPORTANT: There has been a compliance and reporting change since last year’s distribution. The numeric identifier for participants has migrated from the DUNS to UEIs (unique entity identifier). If you have not already secured a UEI, this can be executed through the SAM.gov platform and will be required for your future reporting. A list of participating NEUs and their respective distribution amount can be found here along with other NEU information. The list also identifies those cities and towns which do not have active UEIs. Please take prompt action to secure a UEI or convert an inactive UEI to an active status.

Model Management ARPA Funds

A project management spreadsheet has been created to help you track and manage expenditures.

Aim Webinar: The American Rescue Plan Act – An Overview of the Department of Treasury’s Guidance

Join Aim and our special guest speaker from the National League of Cities, Mike Wallace, to receive a comprehensive recap of the American Rescue Plan Act and the specific guidance released recently by the U.S. Department of the Treasury.  Aim members will hear new information about their community’s Coronavirus State and Local Recovery Funds allocation and the important steps that must be taken before decisions can be made regarding any projects and programs.

As we monitor the evolving situation, Aim has gathered resources to provide you with helpful information as it becomes available. Please check back regularly as information becomes available. Further, please do not hesitate to send documents and links you believe would be helpful to your peers to Jennifer Simmons at [email protected]. We are happy to review them and determine if they are appropriate for this webpage.

Members