Analysis for states: The Coronavirus State and Local Fiscal Recovery Fund

Source: Council of State Governments, 2021

The American Rescue Plan Act of 2021, a $1.9 trillion economic relief package, was signed by the president on March 11. Part of this package includes the Coronavirus State and Local Fiscal Recovery Fund, which provides approximately $350 billion in new federal fiscal assistance for states, territories, tribes, counties and municipalities. An additional $10 billion is available to states, territories and tribal governments for critical capital projects that directly enable work, education and health monitoring in response to COVID-19.

Related:
The American Rescue Plan: K-12
The American Rescue Plan: Employers