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U S Department of the Treasury Policy Statement on State and Local Fiscal Recovery Funds and Individual Vaccine Incentives
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COVID-19 vaccine incentive: Biden calls for $100 payout to newly vaccinated
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Del Norte County Supervisors, Staff Mull How To Spend American Rescue Plan Dollars; First Allocation, $2 7 Million, Arrived in May
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The stimulus money cannot legally be used to subsidize new state tax cuts.
Here s What You Need to Remember: CNBC lists legal uses for the money by state and local governments as “supporting public health expenditures, addressing the negative economic impact caused by Covid-19, replacing lost public-sector revenue or investing in water, sewer and broadband infrastructure.”
The Treasury Department earlier this week officially launched the Coronavirus State and Local Fiscal Recovery Funds, a $350 billion fund allocated by the American Rescue Plan stimulus package back in March. It also laid out rules as to how states and local governments can spend the money, and what they can and can’t do.