Analysis of the American Rescue Plan: Fiscal Recovery Fund

The American Rescue Plan Act of 2021, signed into law on March 11, included $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. The Council of State Governments’ Center of Innovation analyzed uses and restrictions for these funds and compiled total allocations for Southern states.

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