Coronavirus Capital Projects Fund

Section 604 of the Social Security Act, as added by section 9901 of the American Rescue Plan Act of 2021 (the “Act”), Pub. L. No. 117-2 (Mar. 11, 2021), established the $10 billion Coronavirus Capital Projects Fund (CPF). The Secretary of the Treasury (the “Secretary”) will make payments directly to States (defined to include each of the 50 states, the District of Columbia, and Puerto Rico), U.S. Territories and freely associated states (United States Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, and the Republic of Palau), and Tribal governments to carry out critical capital projects directly enabling work, education, and health monitoring, including remote options, in response to the public health emergency with respect to the Coronavirus Disease (COVID-19).