U.S. Treasury Department Releases Guidance Coronavirus Relief Fund

Secretary of the Treasury Steven Mnuchin has released guidance for State, Local, and Tribal Governments regarding the Coronavirus Relief Fund (Section 5001 of the CARES Act).  As stated by the legislation signed by President Trump on March 27, the use of funds “are necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID–19).” The guidance document and frequently asked questions provide, in detail, examples of eligible and ineligible expenditures of the $150 billion Coronavirus Relief Fund.  You can find additional information about Assistance to State and local governments here