Funding from the Coronavirus State and Local Fiscal Recovery Funds is subject to the requirements specified in the U.S. Department of Treasury’s Final Rule, which was released on January 6, 2022. Treasury has published a variety of document that offer additional guidance and further explain the terms and conditions of the CSLFRF award. These documents are listed on Treasury’s CSLFRF webpage. It is a good idea to periodically check for new guidance from Treasury.
The key guidance documents as of March 1, 2022 include:
Effective through March 31, 2022: Interim Final Rule & FAQs on IFR
Effective as of 2/24/2022, but expect updated versions: Compliance & Reporting Guidance (version 3, Feb. 28, 2022) and Project & Expenditure Report User Guide (v1.1 January 24, 2022)
Effective April 1, 2022, by may rely on now:
Final Rule 31 CFR Part 35 Subpart A
Final Rule Supplemental Information
Treasury has stipulated that the Uniform Guidance, 2 C.F.R. Part 200, is applicable to the CSLFRF award. See the Uniform Guidance page for more infomation.