The COVID-19 pandemic poses both unprecedented public health and financial challenges for state governments. In order to help our members navigate this crisis, NAST continues to gather and host resources on relevant and rapidly changing topics. Please navigate through the resources by clicking on the various dropdown menus.
If you have a resource you would like us to host or see posted here please Contact Us.
Federal Advocacy and Resources
Federal Aid to States
COVID Relief Funding (CRF)
$150 B in Federal Aid for COVID-Related Expenses
Treasury has released guidance and an FAQ document on the treatment, management and eligible expenses of Section 5001 (CRF) funding. In addition, the Office of the Inspector General has released FAQs relating to the Reporting and Recordkeeping of CRF payments. For additional questions, please visit the U.S. Treasury’s page on Assistance for State and Local Governments ($150B in COVID Relief Funding).
Complete list of CRF payments made to state and local governments.
Treasury OIG Oversight Support
In addition to guidance and FAQs from Treasury Management, the Office of the Inspector General has also published FAQs pertaining to the compliance and reporting of CRF proceeds.
Prime recipients can direct additional inquiries to the Office of the Insepect General by emailing: CARES@oig.treas.gov.
Other U.S. Treasury Resources
Municipal Liquidity Facility (MLF)
NAST Advocacy
[10/14/2020] NAST joins State and Local Groups: Letter Urging Federal Reserve to Extend the Municipal Liquidity Facility
[6/23/2020] NAST and GFOA: Letter to the Federal Reserve on Interventions in the Municipal Market
[4/27/2020] Federal Reserve: Updates MLF Term
[4/16/2020] NAST: Response Letter to Federal Reserve’s Municipal Liquidity Facility (MLF)
[4/09/2020] Federal Reserve: Announces Creation of Municipal Liquidity Facility
[3/31/2020] NAST: Letter to Federal Reserve on Section 4003 of the CARES Act
[3/30/2020] Public Finance Network (PFN): Letter to Federal Reserve and Treasury on Section 4003 of the CARES Act
[3/20/2020] NAST: Letter Calling for Federal Reserve Action in Municipal Bond Market
[10/14/2020] NAST joins State and Local Groups: Letter Urging Federal Reserve to Extend the Municipal Liquidity Facility
[6/23/2020] NAST and GFOA: Letter to the Federal Reserve on Interventions in the Municipal Market
[5/11/2020] State Finance Groups: Letter Calling for Flexible State and Local Aid
[4/10/2020] NAST: Letter Outlining Considerations for a Fourth COVID-19 Response Package
[3/26/2020] Congress Passes: COVID III: CARES Act (H.R. 748)
- NAST: Debrief of CARES Act
- CRS Summary on State/Local Allocations
- Congressional “Section-By-Section” Summary of CARES Act
[3/18/2020] Congress Passes: COVID II: Families Families First Coronavirus Response Act (H.R. 6201)
[3/17/2020] NAST: Letter on COVID Relief and Stimulus
[3/12/2020] Public Finance Network: Letter on COVID Relief and Stimulus
[3/06/2020] Congress Passes: COVID I: Coronavirus Preparedness and Response Supplemental Appropriations Act (H.R. 6074)
Additional Resources
General
Department of Labor Coronavirus Resources
Expanded Sick Leave Policy
DOL Explanation of Expanded Paid Sick Leave
Teleworking
Working Remotely: A Guide for the Public Sector
Essential Financial Sector Employees
Credit Unions Essential Services
General
Municipal Securities Rulemaking Board (MSRB) COVID Response
Markets
(Bloomberg) SIFMA Municipal Swap Index
COVID-Related Disclosure
MSRB Municipal Securities Market COVID-19-Related Disclosure Summary
Federal Reserve Board
Municipal Liquidity Facility (MLF)
Bond Counsel
National Association of Bond Lawyers (NABL) COVID Resources
Ratings Agencies
Moody’s Coronavirus Resource Center
Small Business Administration Programs
COVID Disaster Grants Assistance Center
Paycheck Protection Program (PPP)
Other Resources
National Federation of Independent Businesses (NFIB) Coronavirus Response Center
Accounting
Budget
National Association of State Budget Officers (NASBO)
Revenues / Tax Administration
AICPA List of State Tax Filing Guidance
General
Government Finance Officers Association (GFOA)
National Governors Association (NGA)
National Conference of State Legislatures (NCSL)
State Legislative Fiscal Responses Tracker (NCSL)
Council of State Governments (CSG)
State Executive Orders Tracker (CSG)
Local Governments
National League of Cities (NLC)
National Association of Counties (NACo)