The Coronavirus Aid, Relief, and Economic Security Act (CARES) provides an estimated $2 trillion stimulus package to battle the harmful effects of the COVID-19 pandemic. This package creates a $150 billion Coronavirus Relief Fund for state, local and tribal governments to note South Dakota received $1.25 billion.
The following guidance sets forth the Department of the Treasury’s interpretation of these limitations on the permissible use of the Relief Fund payments. In addition, Coronavirus Relief Fund Frequently Asked Questions.
