The $20 Billion Fiscal Recovery Fund - Spending Requirements and Upcoming Deadlines
Treasury has begun distribution of the largest direct federal contribution to Indian country in U.S. history - the American Rescue Plan’s $20 billion Fiscal Recovery Fund (FRF) for tribal governments. There are fewer overall restrictions on the use of this money than the CARES Act’s Coronavirus Relief Fund (and more time in which to spend it). Some of these restrictions are still being developed: Treasury has published a 151-page Interim Final Rule on allowable uses of the FRF, and comments are due July 15. The rule is both complex and math-intensive.
Join us for a breakdown of the Fiscal Recovery Fund, a review of the Interim Final Rule, upcoming deadlines for Tribal input, and best practices for implementing programs using FRF funding.
Sam Daughety, Counsel, Dentons US LLP
Pilar Thomas, Partner, Quarles and Brady LLP
Thomas L. Friend, Principal, REDW LLC
Complimentary and intended for TICA members only. Become a TICA member today at: https://tica.wildapricot.org/join-us
We are not offering CLE credit, just timely information we hope will be helpful to tribal in-house practitioners.
TICA is a non-profit 501(c)(6) organization created to provide resources and networking opportunities to assist tribal in-house practitioners.