For Plan Sponsors,Retirement Savings Plans,Custom

ICMA-RC Supports Additional Congressional Relief for Local and State Governments

February 18, 2021

The Biden administration has introduced the American Rescue Plan, a $1.9 trillion aid package in response to the pandemic. While the details of the bill are not yet available, we understand relief to state and local governments will include:

  • $350 billion to state, local, and territorial governments
  • $170 billion to K-12, colleges, and universities
  • $20 billion to public transit agencies
  • $20 billion in a national vaccination program
  • $50 billion in additional coronavirus testing and lab capacity

ICMA-RC supports efforts aimed at providing additional financial relief and flexibility to funding provided for local and state governments under the American Rescue Plan and the prior Coronavirus Aid, Relief and Economic Security Act. This will provide much needed finances to help avoid cutbacks and furloughs, support the safe reopening of schools, and maintain service levels in your communities.

ICMA-RC is providing tools to communicate support for this legislation with federal representatives.

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