Skip to main content
Related Topic: Fiscal

US Treasury Final Rule

The Treasury Department released the final rule for the Coronavirus State and Local Fiscal Recovery Fund program on Jan. 6, 2022. The ruling, effective April 1, 2022, provides additional clarity and flexibility on uses, including:

  • Capital expenditures.
  • Expanding public sector hiring and capacity.
  • Premium pay for essential works.
  • Broadening eligible broadband, water and sewer infrastructure.

Related Resources

Spreading Cheer Through Charitable Giving

State and federal efforts to encourage charitable giving have been a boon to the nonprofit sector, which faced shutdowns and employment losses during the pandemic.

State Legislatures News

Economic Forecast: Mostly Sunny, With a Chance of Clouds

A Moody’s economist told state legislators at NCSL’s Forecast ’24 meeting that the economy is definitely better today than it was a year ago. Inflation’s coming down, the Federal Reserve has signaled lower interest rates to come, and the labor market is very strong. Despite that, many analysts expect slower growth.

State Legislatures News
Loading
  • Contact NCSL

  • For more information on this topic, use this form to reach NCSL staff.