Coronavirus Relief Fund Extension to December 31, 2022
As of December 23, 2022, Congress passed the Consolidated Appropriations Act, 2023, which includes the State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act. This legislation extends the period for which Tribal government recipients of the Coronavirus Relief Fund (“CRF”) established by the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) may incur eligible costs using payments from their CRF awards to December 31, 2022. When President Biden signs this bill into law, the extension will be effective.
Tribal governments may elect to enter into new obligations up to December 31, 2022 or reimburse themselves for eligible costs that were incurred by December 31, 2022 and paid for by the Tribal government using its own funds. Treasury expects CRF awards to have been expended to cover such obligations by March 31, 2023.
The Department of Treasury has published guidance for CRF funds that is available here: https://home.treasury.gov/system/files/136/CRF-Guidance-Federal-Register_2021-00827.pdf and https://home.treasury.gov/system/files/136/CRF-Guidance_Revision-Regarding-Cost-Incurred.pdf.
Information about reporting and recordkeeping requirements related to CRF payments is available at https://oig.treasury.gov/cares-act.
Deadline for closeout awards in GrantSolutions is: July 10, 2023
Treasury’s announcement is available here: https://lnkd.in/epS7XMvd
About Big Fire Law & Policy Group
Big Fire Law & Policy Group is a 100 percent Native-owned, majority Native woman owned law firm dedicated to providing tribal advocacy with integrity. Big Fire provides innovative solutions and culturally competent legal representation and policy advocacy for tribal governments, businesses, non-profits and communities.