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American Rescue Plan Treasury Guidance

Hosted by: Illinois Association of County Board Members

Presented by: Emily S. Brock, Director, Federal Liaison Center, Government Finance Officers Association

Monday, May 17 at 10AM

On May 10, 2021, the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. The discussion will focus on the Treasury’s Interim Final Rule which provides guidelines and principles for determining the types of programs and services that this funding can support, together with examples of allowable uses that recipients, specifically local governments, may consider.

About the presenter:

As Director of GFOA’s Federal Liaison Center, Emily leads coalition and advocacy efforts of the Public Finance Network in Washington DC. Her advocacy includes anticipating and responding to federal legislative and regulatory activities that impact the finance functions of state and local governments and public sector entities including tax reform, municipal securities disclosure and public pension and benefit issues. Emily also serves as staff on GFOA’s Debt Committee, working with committee members to develop best practices that promote sound financial practices for local, state and provincial governments. Prior to joining GFOA, Emily was a commercial bank relationship manager at a large national bank, serving as the sole bank liaison for government and university clients. 

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University of Illinois Extension provides equal opportunities in programs and employment. If you need a reasonable accommodation to participate in this program, please contact Nancy Esarey Ouedraogo at esarey@illinois.edu

 
 
 
 
 
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