A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Coronavirus State and Local Fiscal Recovery Funds".
USA118th CongressSJRES-57| Senate
| Updated: 5/15/2024
Eric Schmitt
Republican Senator
Missouri
Cosponsors (12)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This joint resolution nullifies the Department of Treasury's rule titled Coronavirus State and Local Fiscal Recovery Funds , which was issued on November 20, 2023. The rule relates to the use of State and Local Fiscal Recovery Funds (SLFRF), which were initially authorized under the American Rescue Plan Act of 2021 to help state and local governments respond to the COVID-19 public health emergency. Current regulations allow for the use of funds for authorized purposes by December 31, 2026, if such funds are obligated for expenditure by December 31, 2024. The rule modifies the definition of an obligation to include satisfaction of administrative or legal requirements that are associated with the SLFRF program, such as reporting, audit, or environmental compliance requirements. Funds for these purposes are considered to be obligated by the required deadline of December 31, 2024. Estimated amounts of such obligations must be reported to Treasury by April 30, 2024, and the funds must still be used by December 31, 2026.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 387.
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Failed of passage in Senate by Yea-Nay Vote. 46 - 49. Record Vote Number: 168.
View VoteMeasure laid before Senate by unanimous consent.
Health
Accounting and auditingAdministrative law and regulatory proceduresCongressional-executive branch relationsDepartment of the TreasuryGovernment information and archivesIntergovernmental relationsState and local financeState and local government operations
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Coronavirus State and Local Fiscal Recovery Funds".
USA118th CongressSJRES-57| Senate
| Updated: 5/15/2024
This joint resolution nullifies the Department of Treasury's rule titled Coronavirus State and Local Fiscal Recovery Funds , which was issued on November 20, 2023. The rule relates to the use of State and Local Fiscal Recovery Funds (SLFRF), which were initially authorized under the American Rescue Plan Act of 2021 to help state and local governments respond to the COVID-19 public health emergency. Current regulations allow for the use of funds for authorized purposes by December 31, 2026, if such funds are obligated for expenditure by December 31, 2024. The rule modifies the definition of an obligation to include satisfaction of administrative or legal requirements that are associated with the SLFRF program, such as reporting, audit, or environmental compliance requirements. Funds for these purposes are considered to be obligated by the required deadline of December 31, 2024. Estimated amounts of such obligations must be reported to Treasury by April 30, 2024, and the funds must still be used by December 31, 2026.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 387.
Senate Committee on Finance discharged, by petition, pursuant to 5 U.S.C. 802(c).
Failed of passage in Senate by Yea-Nay Vote. 46 - 49. Record Vote Number: 168.
View VoteMeasure laid before Senate by unanimous consent.
Eric Schmitt
Republican Senator
Missouri
Cosponsors (12)
Finance Committee
Health
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingAdministrative law and regulatory proceduresCongressional-executive branch relationsDepartment of the TreasuryGovernment information and archivesIntergovernmental relationsState and local financeState and local government operations