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Governor Hogan Announces Release of Maryland’s American Rescue Plan, State and Local Fiscal Recovery Funds Report

Governor Larry Hogan today announced that the State of Maryland has submitted its 2022 American Rescue Plan, State and Local Fiscal Recovery Funds (SLFRF) Annual Performance Report to the U.S. Department of the Treasury. The report—which details expenditures from March 3, 2021 through June 30, 2022 and includes planned allocations for Fiscal Year 2023—describes the use of the funds allocated to the state through the American Rescue Plan (ARP). Read the report. “The COVID-19 pandemic resulted in the worst economic collapse since the Great Recession and caused hardship for people all across our state and nation,” said Governor Hogan. “By utilizing these resources to supplement our aggressive economic relief measures, our state has led one of the strongest health and economic recoveries in America.” Maryland implemented a series of economic relief measures throughout the pandemic, including the RELIEF Act, which provided critical tax relief and economic stimulus for struggling Maryland families, small businesses, and those who lost their jobs due to the global pandemic. The state also established relief initiatives to help workers, renters, restaurants, farmers, small businesses, nonprofit organizations, entertainment venues, and local tourism agencies. In March 2021, Governor Hogan, Senate President Bill Ferguson, and House Speaker Adrienne A. […]

The post Governor Hogan Announces Release of Maryland’s American Rescue Plan, State and Local Fiscal Recovery Funds Report appeared first on Southern Maryland News Net.

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