By Blair Lozier The U.S. Department of the Treasury has updated guidance that expands the use of the American Rescue Plan Act State and Local Fiscal Recovery Funds for affordable housing. The Treasury released a How-to Guide that demonstrates how recipients can leverage the fiscal recovery funding with other sources… Read More »How States Can Use American Rescue Plan Act Funding for Affordable Housing
By Blair Lozier On August 15, the Biden administration posted a document highlighting funding opportunities in the Infrastructure Investment and Jobs Act. The Council of State Governments has identified the opportunities available to state, territorial and tribal governments. Deadlines for funding applications range from September 2022 to March 2023. CSG… Read More »Infrastructure Investment and Jobs Act Funding Opportunities for States
By Blair Lozier Recreational marijuana has been legalized in 19 states since 2012. Washington and Colorado were the first states to collect taxes on recreational marijuana. As of June 2022, 12 states have data available on taxes collected: Alaska, Arizona, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont and… Read More »State Approaches to Taxing Recreational Marijuana
By: Valerie Newberg The Congressional Budget Office released its annual Long-Term Budget Outlook in July. The Long-Term Budget Outlook is a 30-year projection of different economic factors like government spending and revenues. The outlook is used as a tool for policymakers to evaluate the impact of proposed legislation against baseline… Read More »Important Implications of the Congressional Budget Office’s Long-Term Budget Outlook on State Fiscal Policy
By Rachel Dietert and Ben Reynolds The American Rescue Plan Act of 2021 includes $350 billion in new funding for state, local, territorial and tribal governments through the Coronavirus State and Local Fiscal Recovery Fund. Within that fund, $195 billion is distributed to state governments and Washington, D.C. While there… Read More »How States are Putting American Rescue Plan Dollars to Work
In this week’s newsletter, state leaders can find information on recent actions by Congress, as well as resources on expanding affordable housing, spending opioid settlement funds and navigating another public health emergency. To view the CSG fiscal policy website, visit: web.csg.org/recovery. CSG Resources Discover how Delaware is utilizing interbranch collaboration… Read More »Weekly Update: July 25 – News and Resources for State Leaders
By Christina Gordley The American Rescue Plan Act (ARPA) of 2021 provided $195 billion directly to states through the Coronavirus State and Local Fiscal Recovery Fund. States are to use this assistance to: Respond to the negative economic impacts of the public health emergency. Provide premium pay for specific professions.… Read More »Putting American Rescue Plan Act Dollars to Work: Delaware
By Ishara Nanayakkara Multiple state, local and tribal governments have pursued litigation against four U.S. pharmaceutical companies alleging corporate responsibility for the severity of the opioid epidemic. In July of 2021, those corporations agreed to pay a total of $26 billion to settle thousands of individual civil lawsuits. This funding is… Read More »Recommendations for Opioid Settlement Spending
By Blair Lozier As inflation continues to put pressures on communities across the country, many states are implementing a sales tax holiday, or a period when specific items are exempt from states sales tax, to help encourage consumer spending and provide relief for those individuals feeling the pinch of rising… Read More »Sales Tax Holidays Explained
By Rachel Dietert Native American nations faced disproportionately high rates of COVID-19 that amplified existing health inequities caused by underfunded health systems and services, insufficient infrastructure and underlying health disparities. Underfunded health systems have led to a lack of testing and treatment opportunities for Native Americans. Insufficient infrastructure, such as… Read More »Tribal Nations Allocate American Rescue Plan Funds for Citizens, Housing, Health and Other Infrastructure