Kentucky Association of Counties

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The Kentucky Association of Counties


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Treasury issues guidance for ARPA obligation deadlines

In November 2023, Treasury issued an Interim Final Rule to address recipients’ questions regarding the definition of “obligation” and provide related guidance.

The U.S. Department of Treasury has issued an Interim Final Rule to amend the definition of ‘‘obligation’’ set forth in the Department’s regulations with respect to the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan Act of 2021. The provisions in the interim final rule are effective November 20, 2023.  

Specifically, Treasury is amending the definition of ‘‘obligation’’ to provide additional flexibility to recipients, providing clarification regarding the application of the obligation deadline to subrecipients, and providing guidance regarding the amendment and replacement of contracts and subawards. Additional guidance from Treasury regarding closeout and specific deadlines by which recipients must return funds not obligated or expended will be forthcoming. 

Read the notice here:


Kentucky Association of Counties
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