Committee extends ARPA subgrant timelines; finance says Treasury reporting still feasible

The Ways and Means Committee approved a resolution to extend ARPA subgrant deadlines so outstanding projects can finish and required Treasury reporting can be completed.

"This resolution specifically changes the substantial completion date from June 30 to September 30 and the final payment date from August 31 to November 1," Alyssa said, noting finance confirmed the revised dates still meet Treasury reporting requirements. Alyssa added that unspent awards might be used to cover unclaimed lost revenue and that staff expected "around 70,000" in unclaimed funds, about 2% of the awarded total.

Members said the change will allow more projects to finish by the end of the calendar year; staff said they will coordinate a year-end presentation in December summarizing ARPA project outcomes.