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Tax Exemption for Federal Broadband Subsidies is the Next Big Step in Broadband Access for All | Sheppard Mullin Richter & Hampton LLP

Universal broadband in the United States has evolved from an aspirational policy goal and now has become a robustly funded federal policy. ....

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Treasury Announces Second Phase of Pandemic Relief for Tribal Governments | Brownstein Hyatt Farber Schreck

Treasury Announces Second Phase of Pandemic Relief for Tribal Governments | Brownstein Hyatt Farber Schreck
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BREAKING: Treasury Releases Guidance for Coronavirus State and Local Fiscal Recovery Fund | Baker Donelson

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This week, the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Fund, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. According to Treasury s statement accompanying its launch of the program and release of related guidance, the intent is that these funds will provide a substantial infusion of resources to help turn the tide on the pandemic, address its economic fallout, and lay the foundation for a strong and equitable recovery. ....

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U.S. Treasury Releases Guidance on the Coronavirus State and Local Fiscal Recovery Funds | Best Best & Krieger LLP

Six Ways the Funds Can be Used
Today, the U.S. Treasury released the Interim Final Rule on the Coronavirus State and Local Fiscal Recovery Funds. The funds were authorized by the American Rescue Plan Act of 2021, which was signed into law earlier this year. Under the ARPA, states, territories, metropolitan cities, counties and tribal governments will receive the funds directly from the U.S. Treasury. Local governments that are deemed non-entitlement entities will receive the funds through the state government. The Treasury Department said it expects to issue additional guidance on the distributions to NEUs next week.
Timing and Distribution of Funds ....

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