NACo Information Series on Treasury’s ARPA Flexibility Guidance: Relief from Natural Disasters
On August 10, the U.S. Department of Treasury (Treasury) released their Interim Final Rule (IFR) for the bipartisan State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act (i.e. Cornyn/Padilla Amendment) that allows counties to invest American Rescue Plan Act (ARPA) State and Local Fiscal Recovery Fund (SLFRF) dollars in emergency relief from natural disasters that have occurred, are expected to occur imminently of to occur in the future. Join NACo for our second in a series of information sessions where we will walk through key features of Treasury’s Interim Final Rule for the ARPA SLFRF and how counties can effectively take advantage of the new flexibilities and invest these dollars at the local level.
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Resource
NACo Analysis: Overview of New Treasury Guidance for ARPA Flexibility Legislation
Featured Initiative
American Rescue Plan Resource Hub
U.S. Senate releases updates to Bipartisan American Affordability and Jobs Act ahead of anticipated vote
On Nov. 7, the U.S. Senate authors of the Bipartisan American Affordability and Jobs Act (BAAJA: S. 5653) released an “amendment in the nature of a substitute” (ANS) containing changes to several provisions ahead of the bill’s expected cloture vote scheduled for Monday, Nov. 9.
Midterms advance county officials, Florida property tax cut
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Chips, Compute and Counties
NACo CEO Matt Chase: "The fundamentals remain the same [when it comes to data centers]: demand a seat at the table, study the supply chain, understand the financing capital stacks, ask hard questions and fight for a deal that leaves your community better off — not used and abused."
Water matters for data centers
Data centers often cluster in a few places, need treated water and use the most when demand is already high in hot weather. This growing demand is driving data center development nationwide, accelerating local proposals and the importance for county officials to understand impacts to energy, land and water resources.
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