This document offers a high-level overview of funds deployed through the American Rescue Plan, with allocations for states and territories. Funds deployed to counties and cities are also mentioned. Ultimately, this document is intended to offer guidance to eligible entities that receive funds from the COVID State Fiscal Recovery Fund and the COVID Local Fiscal Recovery Fund on how to comply with necessary requirements for receiving these funds as well as what the funds can be used for. The interim rule is effective as of May 17. The open comment period for this rule ends July 16, at which point a final rule will be adopted and promulgated. Until that point, this guidance takes precedent. It is unknown at this time
whether the guidance will change significantly based on the final comment period.