Dunleavy Submits Revised CARES Act Funding Distribution Plan - P.O.W. Report

Tuesday, May 5, 2020

Dunleavy Submits Revised CARES Act Funding Distribution Plan



May 1, 2020 (Anchorage, AK) – Alaska Governor Mike Dunleavy today submitted a revised plan for the equitable distribution of the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, which brings over $1.5 billion of relief to the State, to the Legislative Budget and Audit Committee.

“Following conversations with the Legislature, community leaders, and our federal partners, I have submitted a revised package of RPLs for expedited consideration. This money will go directly where it is needed most into the hands of local communities, small businesses, and non-profits,” said Governor Mike Dunleavy. “My administration stands ready to distribute these needed funds immediately to help mitigate the impacts of COVID-19 in Alaska. It is our hope the LB&A Committee takes expedited action on this request.”



Cares Act Funding Summary:




Background

On April 21, 2020, Governor Dunleavy announced the receipt of the $1.25 billion funding from the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, and his plan for the distribution of funds. The Governor is submitting his plan and associated documents to the Alaska State Legislative Budget and Audit Committee.



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