About the American Rescue Plan
On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 (H.R. 1319) into law. The $1.9 trillion package, based on President Biden's American Rescue Plan, is intended to combat the COVID-19 pandemic, including public health and economic impacts.
As part of the American Rescue Plan Act of 2021, the $362 billion Coronavirus State and Local Fiscal Recovery Fund provides local fiscal aid to support urgent COVID-19 response efforts, cover increased expenditures, replenish lost revenue and mitigate economic harm from the COVID—19 pandemic.
The distribution of the $362 billion is allocated as follows:
States Fiscal Recovery Fund ($219.8 billion)
States and District of Columbia: $195.3 billion
U.S. Territories: $4.5 billion
Tribal Governments: $20 billion
Local Fiscal Recovery Fund ($130.2 billion)
Coronavirus Capital Projects ($10 billion)
Local Assistance and Tribal Consistency Fund ($2 billion)
Funds may cover costs from March 3, 2021 through December 24, 2024.
Federal Guidance About the Use of the Coronavirus State and Local Fiscal Recovery Fund