SB 554 - Eigel, Bill
Creates the 2021 Federal Economic Stimulus Fund
Bill Details
Sponsor
Eigel, Bill
LR Number
2675S.01I
Title
SB 554
House Handler
N/A
Journal Page
N/A
Effective Date
Emergency clause
Committee
Current Status
Voted Do Pass S Economic Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 554 - This act creates the 2021 Federal Economic Stimulus Fund. The fund consists of all moneys received in the state treasury under the American Rescue Plan of 2021, or any subsequent economic stimulus or budget stabilization plan as enacted by the 117th United States Congress on or after March 1, 2021, and on or before December 31, 2021, which are not required to be allocated to other funds. The state treasurer is authorized to create or redesignate funds as necessary to avoid conflict with provisions of federal law prohibiting commingling of certain funds derived from any federal act under this section.
This act contains an emergency clause.
The act is identical to HB 1236 (2021).
SCOTT SVAGERA