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B-333978 Feb 14, 2022 1 (2022-02-14)

handle is hein.gao/gaomtv0001 and id is 1 raw text is: .GAO U.S. GOVERNMENT ACCOUNTABILITY OFFICE 441 G St. N.W. Washington, DC 20548 B-333978 February 14, 2022 The Honorable Ron Wyden Chairman The Honorable Mike Crapo Ranking Member Committee on Finance United States Senate The Honorable Maxine Waters Chairwoman The Honorable Patrick McHenry Ranking Member Committee on Financial Services House of Representatives Subject: Department of the Treasury: Coronavirus State and Local Fiscal Recovery Funds Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of the Treasury (Treasury) entitled Coronavirus State and Local Fiscal Recovery Funds (RIN: 1505-AC77). We received the rule on January 27, 2022. It was published in the Federal Register as a final rule on January 27, 2022. 87 Fed. Reg. 4338. The effective date is April 1, 2022. According to Treasury, it is adopting, as final, the interim final rule published on May 17, 2021, with amendments. 86 Fed. Reg. 26786. Treasury stated that this rule implements the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American Rescue Plan Act of 2021. Pub. L. No. 117-2, 135 Stat. 4 (Mar. 11, 2021). The Congressional Review Act (CRA) requires a 60-day delay in the effective date of a major rule from the date of publication in the Federal Register or receipt of the rule by Congress, whichever is later. 5 U.S.C. § 801(a)(3)(A). The House received the rule on February 8, 2022. 168 Cong. Rec. H1111 (daily ed. Feb. 9, 2022). The final rule has an effective date of April 1, 2022. Therefore, based on the date the House received the rule, the final rule does not have the required 60-day delay. Enclosed is our assessment of Treasury's compliance with the procedural steps required by section 801(a)(1)(B)(i) through (iv) of title 5 with respect to the rule. If you have any questions about this report or wish to contact GAO officials responsible for the evaluation work relating to the subject matter of the rule, please contact Shari Brewster, Assistant General Counsel, at (202) 512-6398. Shirley A. Jones Managing Associate General Counsel

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